Three major new projects at INEOS

INEOS has just announced plans to construct a world-scale PDH (Propane Dehydrogenation) unit in Europe. The plant will produce 750,000 tonnes per annum of propylene for INEOS units across the continent. 
A number of possible locations are currently being considered including a number of INEOS sites at Antwerp in Belgium.
INEOS also intends to increase the ethylene capacity of its cracker facilities at Grangemouth in Scotland and Rafnes in Norway to over one million tonnes each. The cracker expansions will add up to 900,000 tonnes of ethylene to overall production capacity.
“These projects represent the first substantial investments in the European chemicals industry for many years,” said Jim Ratcliffe, founder and chairman of INEOS.
“It has only been made possible because of INEOS massive $2 billion investment in our Dragon Ships programme which allows us to import ethane and LPG from the US in huge quantities.”
INEOS currently produces nearly 4.5 million tonnes of ethylene and propylene across Europe, but remains the largest buyer of ethylene and propylene in the region.
In combination, these three major projects will significantly increase the quantities of propylene and ethylene produced by INEOS in Europe, and will support the continued growth and future profitability of INEOS’ ethylene and propylene derivative businesses.