- A new PDH unit will produce 750,000 tonnes of propylene annually.
- Ethylene capacity at Grangemouth and Rafnes will exceed 1 million tonnes each.
- INEOS currently produces nearly 4.5 million tonnes of ethylene and propylene in Europe.
- A $2 billion investment in the Dragon Ships program enables large-scale imports of ethane and LPG from the US.
New PDH Unit
INEOS plans to construct a world-scale Propane Dehydrogenation (PDH) unit in Europe, which will produce 750,000 tonnes of propylene annually. Several locations are under consideration, including INEOS sites in Antwerp, Belgium.
Increased Ethylene Capacity
The company intends to boost the ethylene capacity of its cracker facilities at Grangemouth, Scotland, and Rafnes, Norway, to over 1 million tonnes each. This expansion aims to enhance self-sufficiency in key olefin products and support derivative businesses and polymer plants in Europe.
Current Production and Future Growth
INEOS currently produces nearly 4.5 million tonnes of ethylene and propylene across Europe but remains the largest buyer of these chemicals in the region. The new projects will significantly increase the production of propylene and ethylene, supporting the continued growth and future profitability of INEOS' derivative businesses.
Investment in Dragon Ships Program
These projects are made possible by a $2 billion investment in the Dragon Ships program, which allows INEOS to import ethane and LPG from the US in large quantities. This capability ensures a competitive supply of raw materials for the company's European operations.
