Innovation isn’t just about developing new products.
Sometimes it’s about just thinking differently, as INEOS did in 2009 and has now been publicly recognised for it.
At the 2nd annual Petrochemicals Awards of Excellence in Berlin, Germany, INEOS beat strong competition from industry giants DOW and BASF to win the prestigious award for its ‘outstanding contribution to the chemical industry’.
The award recognised INEOS’ ambitious and innovative plan to be the first company to ship ethane derived from shale gas from America to Europe to secure the long-term competitiveness of its European crackers.
“We are one of the very few who could have undertaken such a move,” said Fernando Mota, INEOS Feedstock, Energy & CO2 Manager. “We saw the opportunity early and moved quickly in this rapidly developing arena.”
The first shipments of gas will arrive next year, heralding an exciting new phase in the European petrochemicals industry and effectively moving INEOS’ crackers at Rafnes in Norway and Grangemouth in Scotland into pole position to compete.