At a glance
- INEOS plans to build a 300 kt VAM plant.
- Investment will be in the hundreds of millions of Euros.
- Potential locations are Saltend, Koln, or Antwerp.
- The plant will use ethylene and acetic acid as key raw materials.
Project Overview
INEOS Oxide is planning to construct a 300 kt vinyl acetate monomer (VAM) plant to address the growing demand in Europe and reduce reliance on imports. The project is expected to involve an investment in the hundreds of millions of Euros.
Location and Logistics
The company is conducting an engineering study to determine the plant's location, with potential sites including Saltend (UK), Koln (Germany), or Antwerp (Belgium). These locations offer pipeline or terminal supply of ethylene and cost-effective logistics for acetic acid, ensuring efficient market supply.
Strategic Alignment
This development aligns with INEOS's recent ethylene debottlenecking projects at Grangemouth (UK) and Rafnes (Norway). The new VAM capacity aims to enhance supply dependability for European customers.