INEOS Technologies is awarded e-styrenics Polystyrene license
INEOS Technologies has been awarded a Polystyrene License from E-Styrenics of Egypt. E-Styrenics is a company jointly owned by ECHEM, the Ministry of Finance, the National Investment Bank, ENNPI and Petrojet.
The License covers a 200,000-m.t./year polystyrene unit that will produce both High Impact and General Purpose high quality grades (HIPS & GPPS). It is expected that the License technology transfer will take place in the first quarter of 2007.
INEOS Technologies is a major technology provider with extensive experience in the field gained from supplying a global network of customers.
INEOS Technologies’ leading Polystyrene and Expanded Polystyrene technologies are being used across Europe, Russia, China and the Middle East and provide some of the best in class products for those markets.
For further information please contact:
Janet Ward, INEOS Technologies
Phone: +44 (0) 1928 515227
Notes to editors:
INEOS Technologies is one of the companies in the INEOS family. With the recent acquisition of Innovene from BP, INEOS is now the world’s third largest chemical company. The newly enlarged INEOS includes 68 manufacturing facilities in 16 countries throughout the world. It has approximately 15,600 employees, generating more than 30 million tonnes of petrochemicals and sales of around $33 billion.