German China India

Europe: Chemical Complex

Ineos Invests 3.15 Billion Dollar to Construct Ethane Cracker Plant and PDH Unit

| Editor: Ahlam Rais

The European chemical complex is expected to be one of the most efficient and environmentally friendly plants of its type in the world.
Gallery: 1 image
The European chemical complex is expected to be one of the most efficient and environmentally friendly plants of its type in the world. (Source: Deposit Photos)

Claimed to be the biggest investment by the company, the new project will be the maiden cracker project to be built in Europe since the past two decades. The project is expected to bring US shale gas to Europe and ensure a steady future for European chemical plants.

Germany – Ineos has recently approved a 3.15 billion dollar capital project to build both a world scale ethane cracker and a PDH (Propane Dehydrogenation) unit in Northern Europe. Both units will benefit from US shale gas economics. This will be the first new cracker built in Europe since the past two decades. It will also be one of the most efficient and environmentally friendly plants of its type in the world.

The location of the site will be determined soon and is likely to be on the coast of North West Europe. A project team has been assigned to consider options and the project is expected to be completed within four years.

The new project will increase the firm’s self-sufficiency in all key olefin products and further support its polymer plants in Europe. This new investment follows a decision taken by the company last year to increase the capacity of its existing crackers.

Comments are being loaded ....

Leave a comment
  1. Avatar
    Avatar
    Edited by at
    Edited by at
    1. Avatar
      Avatar
      Edited by at
      Edited by at

Comments are being loaded ....

Report comment

Kommentar Freigeben

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

Freigabe entfernen

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

copyright

This article is protected by copyright. You want to use it for your own purpose? Infos can be found under www.mycontentfactory.de (ID: 45382393 / Engineering)