Ineos to build €3 billion plant in BelgiumStaff Writer | January 16, 2019
Ineos has announced that Antwerp, Belgium will be the location for its multi-billion Euro project for an ethane gas cracker and world-scale PDH unit in Europe.
Europe The €3 billion investment will be the biggest ever made by Ineos
Sir Jim Ratcliffe, Founder and Chairman of Ineos says: “Our investment in a gas cracker and world-scale PDH unit is the largest of its kind in Europe for more than a generation and is an important development for the European petrochemical industry. We believe this investment will reverse years of decline in the sector.”
The new petrochemical complex will be co-located with Ineos’ existing sites in Europe making polymers and will be connected by pipeline to a number of Ineos ethylene and propylene derivative units in the region. ■