INEOS and Solvay have reached an agreement with International Chemical Investors Group (ICIG) to acquire the assets being divested by INEOS. This agreement, which follows extensive discussions with the European Commission in the context of the merger control review of INOVYN, is a key step towards completion of the INOVYN project.
INEOS has today announced it is acquiring at least a 50% interest in seven of IGas’ shale gas licences in the North West along with the option to acquire a 20% interest in two further IGas shale gas licences in the East Midlands and 100% of IGas’ interest in the shale gas licence around Grangemouth in Scotland.
INEOS’ Styrolution business, the global leader in styrenics and INEOS ABS, the largest fully integrated producer of acrylonitrile butadiene styrene (ABS) in North America are to bring together their business activities in the Americas.
INEOS, one of the world’s largest chemical companies, today hit out at the Environmental Audit Committee’s (EAC) proposal to call a halt to Shale gas development in the UK. The company believes that the EAC has overly focussed on the potential risks rather than the benefits of Shale gas extraction.
INEOS Technologies has licensed its Innovene PP process for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers to the Full-Tech (Changzhou) Chemistry & Development Company Limited, a subsidiary of Fund Energy Investment Holdings Co., Ltd, in Changzhou, China.
INEOS Olefins & Polymers USA (INEOS) and Sasol broke ground today on their much anticipated high-density polyethylene (HDPE) manufacturing joint venture at the INEOS Battleground Manufacturing Complex in La Porte, Texas.
INEOS has today announced it is planning to invest $1 billion in UK Shale gas exploration and appraisal.
If INEOS wins all the Shale gas licenses it has applied for, INEOS will be the biggest player in the UK Shale gas industry.
In late September, INEOS announced plans to give 6% of its shale gas revenues to the local community, with 4% going to home & land owners situated above the wells and 2% going to the wider community.
Following clearance by the competition authorities, INEOS has successfully completed the purchase of BASF’s 50% share in Styrolution, a joint venture between the companies.
In a huge boost to the European chemicals industry, INEOS Olefins & Polymers Europe has today confirmed that it has reached an agreement with Evergas to order an additional two state-of-the-art ethane vessels.
INEOS Barex AG announced today that it intends to close the Barex plant in Lima, Ohio. The plant is the sole INEOS facility that produces Barex resins. The plant is expected to close in the first quarter of 2015
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