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Ineos to restart its ACN plant in Texas in H1 April after winter storm

April 06/2021

MOSCOW (MRC) -- Ineos Nitriles, an American subsidiary of Ineos Group, plans to resume operations at its acrylonitrile (ACN) plant in Green Lake, Texas, USA, in the first half of April, after the deep freeze in the region, according to S&P Global with reference to market sources.

Thus, this plant with the capacity of 545,000 mt/year was shut in mid-February, and the company announced then force majeure (FM) on supplies of ACN from its production site in Green Lake. As of 5 April, 2021, the FM still remains in place.

As MRC informed before, in June, 2019, Ineos announced Antwerp as the location for its new petrochemical investment. The EUR3 billion investment will be the biggest ever made by Ienos and is first cracker to be built in Europe in 20 years.

And in January, 2021,  Ineos said it reschedulied its EUR5-billion (USD6 billion) olefins project at Antwerp, Belgium, and will build the planned complexs ethane cracker before its propane dehydrogenation (PDH) plant.
When it announced the project in January 2019, Ineos said the PDH unit and cracker would be built at the same time with the PDH facility due onstream a year ahead of the cracker.

Acrylonitrile is one of the main feedstock for the production of acrylonitrile-butadiene-styrene (ABS).

According to ICIS-MRC Price report, ABS imports into Russia totalled 2,700 tonnes in January, compared to 2,600 tonnes a month earlier and 2,300 tonnes in January 2020.

Ineos Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.
Author:Margaret Volkova
Tags:Europe, PS, ABS, akrilonitril, propylene, ethylene, Ineos, Belgium, Russia, USA.
Category:General News
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