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INEOS intends to strengthen its competitiveness in its US polymer assets over the next few years, with a focus on upgrading its polypropylene capabilities.
INEOS has announced its intention to close production of Expandable Polystyrene (EPS) at its Marl site in Germany, at the end of Q4 2013.
The move follows similar changes by INEOS Polyolefins in other markets, where prices are now linked to the Quarterly West European Contract Price for Ethylene (WECP C2).
INEOS Phenol - Find office, manufacturing and energy resource locations using our interactive map.
“We are now firmly in the implementation phase of our long term growth strategy for these key businesses” declared Bob Learman, INEOS Oligomers CEO.
INEOS Oligomers has taken this action to support its customers relying on Isoamylene as a key component of their manufacturing process.
INEOS Oligomers has selected Palmer Holland as their new U.S. distributor for its line of Indopol® polybutenes (PIB), effective May 1, 2013.
The Isoamlyene (IA) unit has doubled in size in Cologne, GE. “This expansion cements our position as a world scale producer of IA”, CEO of INEOS Oligomers.
INEOS Oligomers' decision was prompted by a decline in the site’s viability due to significant variable cost increases combined with declining capacity utilisation.
INEOS Oligomers news and the latest information.
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