INEOS expand Ethylene Oxide capacity in US

INEOS to expand Ethylene Oxide capacity in US

12:51 PM, 26th March 2011
INEOS to expand Ethylene Oxide capacity in US
Hans Casier, CEO, INEOS Oxide.

SOUTHAMPTON, UNITED KINGDOM: INEOS Oxide said that it is considering plans to expand its Ethylene Oxide (EO) and Ethylene Oxide Derivatives (EOD) capacity as part of its strategy to grow its global business over the next few years.

 

As part of its growth strategy INEOS’ Oxide business is considering an investment in the US Gulf which would incorporate EO, Glycol and EOD’s, building on its existing presence and experience in this market.

 

“The timing is right for us to consider our options of an investment in EO and EOD. The US is an obvious location for INEOS Oxide to consider its next expansion as we already have a well placed manufacturing presence,” said Hans Casier, CEO, INEOS Oxide.

 

“It is early days yet but should we proceed it is expected that any unit would be at least 500kt of EO with appropriately sized Glycol and derivative units. We are considering all options that will build on our experience as the leading EO/EOD manufacturer in Europe to grow our company and serve our customers globally over the coming years,” added Casier.

 

Various sites are currently under consideration in the Gulf Coast area as part of the company’s growth strategy. Other locations globally are also being considered and confirmation of the location of the first investment is expected later this year.

(C) WOC News

 

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