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Ineos to build hand sanitiser plant in Britain in 10 days to help with shortage

March 25/2020

MOSCOW (MRC) -- British chemical giant Ineos said on Tuesday it will build a hand sanitiser plant in northeast England in 10 days to make 1 million bottles a month to help with a European shortage, said Reuters.

The factory will be near Middlesborough and supply hospitals, schools, places of work, pharmacies and supermarkets.

Products for hospitals will be issued for free, the company said. A similar factory will be built in Germany.

Ineos is Europes largest producer of the two main raw material needed for hospital grade hand sanitiser at its sites in Grangemouth, Scotland and in northern Germany and produces almost 1 million tonnes.

As MRC informed before, in January 2019, Ineos announced Antwerp as the location for its new petrochemical investment. The EUR3 billion investment will be the biggest ever made by INEOS and is first cracker to be built in Europe in 20 years. The investment is a game changer for the chemical sectors and will bring huge benefits to the Belgium and wider European economies.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 215,390 tonnes in the first month of 2020, up by 23% year on year. Shipments of all grades of high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) increased due to higher capacity utilisation at ZapSibNeftekhim. At the same time, PP shipments to the Russian market were 127,240 tonnes in January 2020, up by 33% year on year. ZapSibNeftekhim's homopolymer PP accounted for the main increase in shipments.

Ineos  is a global manufacturer of petrochemicals, specialty chemicals and oil products employing 22,000 people. It has 34 businesses, with a production network spanning 183 manufacturing facilities in 26 countries.
Author:Anna Larionova
Tags:petroleum products, crude oil, Ineos.
Category:General News
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