Skip to main content

INEOS considers oxo derivatives production

Published by
Hydrocarbon Engineering,


Following the recent acquisition of Arkema’s 50% share of Oxochimie, INEOS Oxide has confirmed that it has completed a strategic review of the business.

It has decided to proceed with an engineering study into the production of an array of oxo chemical derivatives, including 2-ethyl hexanoic acid and polyalcohols, such as trimethylolpropane (TMP) and neopentyl glycol (NPG).

Locations under consideration for the investment include INEOS’ sites in Zwijndrecht (Belgium), Dormagen (Germany) or a co-location with the existing oxo alcohol plant in Lavéra (France).

Graham Beesley, CEO INEOS Oxide, said: “INEOS Oxide is pleased with the speed at which Oxochimie has been fully integrated and we are now looking for the logical next step to grow the business. The range of products that we are moving into will complement our existing product offerings serving the coatings and lubricants markets”.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/05072017/ineos-considers-oxo-derivatives-production/

You might also like

Catalysts 2019

Catalysts 2019

Catalysts 2019 is an online conference for professionals in the downstream sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Downstream news