MOSCOW (MRC) -- Ineos Oxide has recently announced that it is to double the size of its planned Ethylene Oxide (EO) and Ethylene Oxide Derivatives (EOD) facility to be built on the U.S. Gulf Coast, said the company.
The new plant will produce 1.2 billion pounds of EO (circa 520 kt). The plant is expected to be operational in 2023.
Ghislain Decadt, Operations Director, Ineos Oxide said, “Doubling the capacity of our planned Ethylene Oxide and Derivatives facility is a significant commitment in support of our customers and their growth ambitions in the US. This build allows us to address a fast growing EO merchant market as well as our own requirements. Combined with our upstream olefins capabilities this world class facility will secure our position as a reliable and competitive producer."
In addition to installing its own Ethoxylate derivative capacity on-site and infrastructure to supply customers by rail, the company plans to allow interested third-parties to co-locate on site and consume EO by pipeline.
The firm is considering several sites on the U.S. Gulf Coast.
As MRC informed earlier, Ineos Oxide announced that following a detailed study it is moving forward with the next stage of its project to construct an Ethylene Oxide (EO) and Ethylene Oxide Derivatives (EOD) facility on the U.S. Gulf Coast. It is planned that the asset will be operational in 2022.
MRC