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Net debt is also cut by ¤500 million in just three months
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The deal comprises the cumene plant, producing 900,000 tonnes of product, will employ 43 people plus the phenol, acetone and alpha-Methylstyrene (AMS) business.
The demand for VAM in Europe continues to grow briskly and the market is uncomfortably reliant on imports from remote locations for sufficient supply.
We look forward to integrating theOxochimie joint venture and growing our global market presence in oxo alcohols, aldehydes & derivatives.
The site’s location on the German-French border, only 200km from Stuttgart, gives excellent access to supply chains, automotive talent and target markets.
The hot and cold water market is turning increasingly to plastics solutions.
Manufacturing assets need constant renewal if they are to survive. The last 10 years have proven that it is almost impossible to play catch-up...
Polyolefins have become the material of choice for caps and closures, replacing traditional materials such as metal and cork.
The export, trading and distribution sector is organised to develop regular business partnerships with customers outside European countries.
A landmark agreement has been announced and a joint charter acknowledging that gas will have a key role in the UK’s future energy supply alongside a low carbon economy.
We are taking a stepwise approach to accelerate the transition to a circular, low-carbon economy. In our sustainability strategy, we have broken down our ambitions into a clear roadmap.
Chairman Jim Ratcliffe signs International initiative Operation Clean Sweep®
Work continues on the construction of our £350m state of the art energy plant located at the heart of our operations at the Grangemouth site. There is currently much activity with extensive land preparation underway.
To the naked eye, a new grade of polyethylene from Grangemouth is no different to the other 30 or so (virgin) grades produced at the site. However, rLL9210 is the first of a new breed of hybrid PCR (Post Consumer Recycled) polymers. rLL9210 contains 60% recycled plastic.
From yoghurt pot to yoghurt pot - agreement closes the loop for polystyrene
Enjoy the atmosphere with the aftermovie and photos!
FRACKING for shale gas in Britain will be banned if the Labour Party wins the next UK General Election.
This is the first commercial-scale use of recycled SM in Europe. It enables the production of high-quality polystyrene and other styrenics, including for food-grade, transparent, and medical applications.
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