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Ineos Is Said to Shut Cracking Unit at Scotland’s Grangemouth

August 06/2009

August 5, (Bloomberg) -- Ineos Group Holdings Plc, the U.K.’s biggest chemicals company, shut a cracking unit at its Grangemouth plant in Scotland for regular maintenance, a person familiar with the matter said.

Ineos started last week to shut its KG ethylene cracker, which makes feedstocks for plastics, the person said, declining to be named because the information is confidential. David East, a spokesman at the Lyndhurst, England-based company, wouldn’t comment, citing a policy of not discussing day-to-day operations.

The halt may lead to higher prices for naphtha, the main feedstock for the cracker. Naphtha for immediate delivery in northwest Europe declined $1 to $636 a metric ton at 5:22 p.m. in London, according to data compiled by Bloomberg.


       MRC Reference

Ineos is a petrochemical group.
In Russia  Ineos’s interests are represented by  Ineos Polyolefins and  IneosChlorVinyls.


The share in the Russian market in 2008:
 PVC - 4.5%;

 polyethylene - 1.9%
 (HDPE - 2.8%, LDPE – 1.2%);
 polypropylene - 1.4%
(PP-random – 22.1%, PP-impact - 2.0%);
 polystyrene – 0.9%.


Imports by polymers processing technologies:
 profile extrusion;
 pipe extrusion;
 film extrusion;  
 injection molding.





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