INEOS Oxide has announced plans to build a 300 kt vinyl acetate monomer (VAM) plant.
The business is completing an engineering study into the construction of the plant, which is likely to be built at one of INEOS Oxide's integrated sites at Saltend, Hull (UK), Dormagen (Germany) or Zwijndrecht (Belgium).
Each of these locations benefits from pipeline or terminal supply of feedstock ethylene, and low cost logistics for the other key raw material, acetic acid.
Graham Beesley, CEO of INEOS Oxide, said: "Our VAM project represents a further major investment for INEOS and will commit the business to a spend in the hundreds of millions of Euros, whether it is a new build, or a revamp of the former VAM production facility in Saltend, Hull."
This development dovetails with the recent announcement by INEOS of major ethylene debottlenecks at Grangemouth (UK) and Rafnes (Norway).
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/06092017/ineos-oxide-to-build-vam-plant/