Ineos Europe AG purchase ethane with CONSOL Energy natural gas producer Supplies start from 2015

Ineos, CONSOL Energy sign ethane purchase agreement

9:41 AM, 14th February 2014
Ineos Europe AG business news

ROLLE, SWITZERLAND: Ineos Europe AG has announced a new ethane purchase agreement with CONSOL Energy, producer of natural gas and coal. Ethane will be transported through the Mariner East infrastructure and imported by sea for use in Ineos’ European cracker complexes. Supplies will start from 2015.

“This contract adds to our supply portfolio providing for long-term sourcing of advantageously priced US ethane for our European crackers. It will allow us to continue to consolidate the competitiveness of Ineos’ ethylene production in Europe. We are excited about our new business relationship with CONSOL Energy and look forward to future opportunities between our companies,” said David Thompson, Procurement & Supply Chain Director, Ineos.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Nufarm reorganizes executive management team

VICTORIA, AUSTRALIA: Nufarm Limited announced a partial re-organisation of its executive management team to better reflect the strategic priorities of ...

Read more
GlyEco to expand recycled glycol capacity in New Jersey, US

PHOENIX, US: GlyEco Inc, sustainable glycol technologies leader, began its second phase of expansion at its New Jersey processing centre to meet the i ...

Read more
BASF, Nexam develop crosslinkable Nylon 66

LUND, SWEDEN: BASF and Nexam have successfully developed a new crosslinkable Nylon 66 and have now agreed to initiate the commercialization phase for ...

Read more
LOVE – the chemicals racing internally

SINGAPORE: Scientists say there is increase in levels of hormones neutrophins and dopamine when cupid strikes. When couples fall in love, outwardly th ...

Read more
Evogene launches discovery platform for novel herbicides

REHOVOT, ISRAEL: Evogene Ltd, a leading plant genomics company specializing in enhancing crop productivity for the food, feed and biofuel industries, ...

Read more
Jazz Pharmaceuticals builds manufacturing, development facility in Ireland

DUBLIN, IRELAND: Jazz Pharmaceuticals has commenced construction of a manufacturing and development facility to be located on a 17-acre site in Monksl ...

Read more