A first for Britain
On the 28th September the INEOS Insight docked at the INEOS site at Grangemouth bringing US ethane, from shale gas, to the UK for the first time.
This is the very first time that ethane from US shale gas has ever been exported from the USA to the UK.
The much needed ethane gas from US shale fields will provide Grangemouth with a vital raw material as availability from the North Sea has fallen dramatically.
Jim Ratcliffe, chairman and founder of INEOS, says, “I am pleased to say the INEOS Insight has arrived at Grangemouth site. This is a game changer for British manufacturing. Its arrival guarantees the security of thousands of jobs in Scotland and could spark a shale gas revolution”.
INEOS have invested $2bn into this world first project.
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