Ineos Oxide announced that following a detailed study it is moving forward with the next stage of its project to construct an Ethylene Oxide (EO) and Ethylene Oxide Derivatives (EOD) facility on the US Gulf Coast. It is planned that the asset will be operational in 2022.
Antwerp/The Netherlands — The company is planning a plant that is initially capable of producing around 270 ktpa (600 million pounds) of EO, with ethoxylate derivative capacity on-site. In addition to supply by rail, the project will allow third-parties to co-locate on site and consume EO by pipeline, as required. The facility uses a similar approach to the company's asset based in Antwerp.
Frederick Rulander, COO Ineos Oxide North America, said that this project was an important part of the expansion plans in the US. It allowed them to address a fast growing EO merchant market as well as their own requirements, he added.
Ineos is considering several sites on the US Gulf Coast and is currently evaluating competing EO technologies. Confirmation of the investment location and technology partner are expected later this year.