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According to foreign media reports, the famous petrochemical company Ineos Group, headquartered in Rohr, Switzerland, recently disclosed a capital project of 2.
7 billion euros to build a new ethane cracker and a new propane desulfurization plant
in northern Europe.
Operator Ineos Group said that although the exact location of the project has not yet been determined, Ineos Group has assigned a project team to consider the location of
the new project.
Both projects will benefit
from the U.
S.
shale gas economy.
The project, which is scheduled to be completed within four years – most likely on the coast of northwest Europe – will include Europe's first newly built cracker in more than 20 years and become the most efficient and environmentally friendly plant of its kind in the world
, Yingliz Group said.
Franken, CEO of Ineos Group responsible for Nordic olefins and polymers, said: "This new project will enhance INEOS Group's self-sufficiency in all key olefins products and further support our derivatives business and polymer plants in Europe, and all of our assets will benefit
from our ability to import competitive raw materials from the United States and the rest of the world.
" ”
According to foreign media reports, the famous petrochemical company Ineos Group, headquartered in Rohr, Switzerland, recently disclosed a capital project of 2.
7 billion euros to build a new ethane cracker and a new propane desulfurization plant
in northern Europe.
Operator Ineos Group said that although the exact location of the project has not yet been determined, Ineos Group has assigned a project team to consider the location of
the new project.
Both projects will benefit
from the U.
S.
shale gas economy.
The project, which is scheduled to be completed within four years – most likely on the coast of northwest Europe – will include Europe's first newly built cracker in more than 20 years and become the most efficient and environmentally friendly plant of its kind in the world
, Yingliz Group said.
Franken, CEO of Ineos Group responsible for Nordic olefins and polymers, said: "This new project will enhance INEOS Group's self-sufficiency in all key olefins products and further support our derivatives business and polymer plants in Europe, and all of our assets will benefit
from our ability to import competitive raw materials from the United States and the rest of the world.
" ”
