New plant will be 1.2 billion pounds (520,000 Tonnes) of EO per annum. Operational 2023.
INEOS Oxide has today announced that it is to double the size of its planned Ethylene Oxide (EO) and Ethylene Oxide Derivatives (EOD) facility to be built on the U.S. Gulf Coast. The new plant will produce 1.2 billion pounds of EO (circa 520kt). The plant is expected to be operational in 2023.
Ghislain Decadt, Operations Director, INEOS Oxide said, “Doubling the capacity of our planned Ethylene Oxide and Derivatives facility is a significant commitment in support our customers and their growth ambitions in the US. This build allows us to address a fast growing EO merchant market as well as our own requirements. Combined with our upstream olefins capabilities this world class facility will secure our position as a reliable and competitive producer.”
In addition to installing its own Ethoxylate derivative capacity on-site and infrastructure to supply customers by rail, INEOS plans to allow interested third-parties to co-locate on site and consume EO by pipeline.
INEOS is considering several sites on the U.S. Gulf Coast.
ENDS.
Media contacts
Richard Longden (INEOS) 0041 21 627 7063 or 0041 7996 26123