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Green light for construction of ethane cracker with lowest carbon footprint in Europe
The new plant enables plastic waste to be diverted from landfill or incineration and instead transformed into new valuable polymers.
New prices for PE80, PE100 and PEX grades from June 1st, 2009. The proposed adjustment begins to redress the balance on increasing costs of raw materials in Europe.
We see lots of opportunity within this impressive portfolio and we are keen to integrate it into our growing portfolio of Oil & Gas businesses.
This partnership is an ambitious and value-creating industrial project. We want to create a player that will benefit from the high-quality assets of both companies.
This deal confirms our aim to take a leading role to develop the Northern Gas Fields using the significant infrastructure investments already made West of Shetland.
The selection of Chocolate Bayou to host the new EO & EOD facility will reinforce on-site integration to the benefit of both the crackers and the derivative assets.
“This represents the first phase of a previously announced capital investment program that will ultimately add over 50 thousand metric tons per year", read more.
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