INEOS Upstream Limited has today signed an agreement with Reach Coal Seam Gas Limited (Reach CSG) to acquire an 80% interest in Petroleum Exploration and Development Licence (PEDL) 162, in the Midland Valley of Scotland.
INEOS Industries Holdings Ltd has agreed to acquire the Combined Heat and Power Plant (CHP) from Fortum, that serves the Grangemouth site, for £54 million. Grangemouth CHP, currently owned and operated by Fortum, is a natural gas-fired combined heat and power (CHP) plant located at the Grangemouth petrochemical site and refinery in Scotland.
INEOS Technologies announced today that it has entered into license agreements for its Innovene S and Innovene G polyethylene technologies to be used by the proposed ASCENT (Appalachian Shale Cracker Enterprise) petrochemical complex currently being evaluated by Odebrecht and Braskem in West Virginia, United States.
INEOS, one of the world’s largest chemicals company, has today announced plans to give 6% of its Shale gas revenues to homeowners, landowners & communities who live above its Shale gas operations
INEOS Compounds and Doeflex Compounding have today implemented the combination of their respective PVC compounding businesses.
INEOS has today announced it is making its first move into the shale exploration arena, with the purchase of a 51% share of the shale section of a joint Petroleum Exploration and Development Licence (PEDL) in the UK.
INEOS Compounds and Doeflex Compounding Limited have today received unconditional clearance from the European Commission to combine their PVC compounding businesses.
INEOS Group Holdings S.A. (‘IGH’ or ‘INEOS’) announces its trading performance for the second quarter of 2014.
INEOS Olefins & Polumers UK has today confirmed that it has received notification from Chief Secretary to the Treasury, Rt Hon. Danny Alexander MP that its application for an infrastructure loan guarantee has been successful. This confirmation now allows INEOS to raise the funds necessary to invest in a new terminal import, to store and process ethane from shale gas at its site in Grangemouth, Scotland, as North Sea supplies dwindle. The project protects thousands of jobs in Scotland and across the UK.
INEOS will acquire BASF’s 50% share in Styrolution, a joint venture between the companies.
INEOS and Solvay have today announced the signing of a definitive Joint Venture agreement covering their European chlorvinyls activities. The Joint Venture - to be known as INOVYNTM - was given clearance by the European Commission in May 2014.
INEOS Technologies has today confirmed that it has been selected by ASHTA Chemicals Inc. to supply technology as part of a $60 million investment at its production facility in Ashtabula, Ohio.
INEOS Technologies announces that it has licensed its Innovene™ S process to Hyundai Engineering Co., Ltd. for the Turkmengas new greenfield world-scale petrochemical complex in the Balkan Region of Turkmenistan.
INEOS Olefins & Polymers USA and Sasol Chemicals North America LLC have today announced that they have reached final investment decision to form a joint venture to build a high-density polyethylene (HDPE) plant in LaPorte, Texas.
INEOS has won the prestigious “Outstanding Contribution to the Chemical Industry Award” at the 2nd annual Petrochemicals Awards of Excellence. The award was given to INEOS in recognition for its plan to become the first company to bring ethane from US shale gas to Europe.