INEOS receives planning permission to build ethane tank

Under the headline "Grangemouth plant owner INEOS cleared to build ethane tank", the BBC reports that planning permission has been granted by Falkirk Council for the company to move forward with its plans to build a storage tank at its Grangemouth site. The tank will store ethane gas brought in by ship from the US that will be used as a feedstock to produce ethylene on the company's existing manufacturing plant, KG.
Harry Deans, CEO, O&P UK said: "This is great news for those who work at Grangemouth or who are associated with our operations. In being granted planning permission to build an ethane storage tank we have passed another key milestone on our journey to turning our business around."
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