Ineos and Sasol: Groundbreaking Construction Begin for Polyethylene Joint Venture in Texas
Construction begun for Ineos' and Sasol's joint venture high-density polyethylene (HDPE) manufacturing plant in in La Porte, Texas. The 470.000 tons/year production plant at the premises of Ineos' Battleground Manufacturing Complex will use the company's Innovene process technology under a license.
La Porte, Texas/USA – “This important step, among many, is a celebration of the efforts of Ineos and Sasol, and their respective teams, to realize the vision of a world-scale asset, facilitated by leading bimodal technology, for integration into both partners’ upstream and downstream business platforms. This project represents not only a commitment to the bimodal HDPE market, but also a significant investment in the community in which the facility will operate,” said Dennis Seith, CEO of Ineos Olefins & Polymers USA.
“We are delighted to be moving ahead on this important project which supports our North American growth strategy,” said Fleetwood Grobler, executive vice president of Sasol’s global chemicals business. “This state-of-the-art facility will be ideally located close to our existing and future ethane cracker and derivatives complex in Southwest Louisiana.” The facility will produce 470 kilotons per annum of bimodal HDPE using Innovene S process technology licensed from Ineos Technologies. The intention is to produce alimited number of grades allowing high grade efficiencies. Start-up of the plant is expected in 2016.
Sasol is also pushing another major invest in the US: