Solvay and INEOS announce the start-up of their Joint Venture INOVYN, a world-class competitive player in chlorovinyls, following European Commission approval.
Solvay and INEOS received final approval today from the European form their 50/50 Chlorvinyls Joint Venture, to be known as INOVYN.
INEOS ChlorVinyls has today completed the sale of its 35.7% interest in Suzhou Huasu Plastics, China, to Westlake Chemical Corporation.
INEOS has today announced it has completed the deal with IGas, announced on the 10th March, making it the UKs third largest shale gas company.
INEOS Technologies is pleased to announce that it has licensed its Innovene S Process for the manufacture of medium density and high density polyethylene to SOCAR Polymer for their HDPE project in the Chemical Industrial Park located in Sumgait, Azerbaijan.
In March a Com Res survey sponsored by Greenpeace asked 2,035 British adults about their views on fracking. INEOS today welcomes the results which clearly show that the UK public is increasingly supportive of Shale gas exploration in the UK.
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.