Today INEOS Oligomers announced the start-up of its new “super flexible” technology innovation for its Linear Alpha Olefin (LAO) unit in Feluy, Belgium. “INEOS’s LAO technology was already regarded as one of the world’s most flexible broad-based processes” said Karel Brabant, Operations Director. “This new innovation takes that versatility to another level by enabling the unit to swing its production emphasis through individual LAO cuts”.
“A key challenge for LAO broad-based producers is to respond to the various supply demand dynamics of the individual LAO cuts and the markets in which they are consumed” outlined Joe Walton, Business Director. “We now have the ability to respond to these dynamics and our customer’s needs in a more timely and meaningful way, further optimizing the profitability of the unit”.
“We are very excited about the start-up of this significant new capability. It emphasizes INEOS’s commitment to our LAO business and to the future of the Feluy site” noted Bob
Learman, CEO. “I would also like to thank the Walloon Government for their support in its implementation”.
Press enquiries:
Kevin Ratliff, LAO/PAO Market Manager - Americas
Phone: + 1 281 535 4261
Email: kevin.ratliff@ineos.com
www.ineosoligomers.com
Jan Vermeersch, Commercial General Manager - Europe
Phone: + 44 (0) 774 763 1244
Email: jan.vermeersch@ineos.com
Notes to Editors
- INEOS is the world's third largest chemicals company; a leading manufacturer of petrochemicals, specialty chemicals and oil products. Comprising 18 businesses, with a production network spanning 64 manufacturing facilities in 14 countries, the company produces more than 57 million tonnes of petrochemicals, 20 million tons per annum of crude oil refined products (fuels). INEOS employs 15,500 people and has sales of around $47bn.
- INEOS Oligomers makes and sells: Linear Alpha Olefins (LAO), Polyalphaolefins (PAO), Polyisobutylene (PIB), Diisobutylene (DIB) and other specialty C4 and C5
olefin based products. INEOS Oligomers employs some 700 people across sites in the USA, Canada, Belgium, France, and Germany. - INEOS is a trademark of INEOS Capital Limited.