Ineos

Ineos and Covestro Announce Landmark LNG Deal

Ineos and Covestro announced a significant long-term agreement for the natural gas supply for up to eight years, starting in 2027.

Ineos Inovyn launches 9th Global Award

The awards are designed to recognise pioneering ideas and showcase the vital role vinyl plays.

Ineos Energy Acquires Oil & Gas Assets from CNOOC

The completion of the deal marks the third major investment by Ineos Energy in the USA in the past three years. It increases Ineos' capital spending on energy assets in the USA to above $3 billion.

Ineos Enterprises Sells Ineos Composites to KPS for €1.7 Billion 

Ineos Enterprises has completed the sale of its composites business to KPS Capital Partners, LP (“KPS”) for ~€1.7 billion.

European Chemical Industry Becoming Extinct

Ahead of the unveiling of the EU’s Clean Industrial Deal, Ineos Chairman and CEO, Sir Jim Ratcliffe, authored an open letter to emphasize the importance of supportive political decisions and measures for the European industry. Releasing the open letter, Ineos stated: “A year on from the signing of ‘The Antwerp Declaration for a European Industrial Deal’ we have not seen the action necessary to stem the decline of European industry. Ineos has continued to invest in Europe; however, it is now an exception in a landscape of deindustrialization and closures.” Please read the complete open letter below:

Greensand CCS Project Partners Take Final Investment Decision

Ineos and its partners Harbour Energy and Nordsøfonden have taken the final investment decision (FID) into the first commercial phase ‘Greensand Future’ with storage operations in a depleted oil field in the Danish North Sea set to begin at the end of 2025/early 2026.

Ineos Styrolution Confirms Decision to Not Restart Sarnia Site

Ineos Styrolution, a supplier of styrenics materials, recently confirmed it will not restart its styrene monomer production site in Sarnia, Ontario, Canada, which has been shut down since April 2024.

Denmark’s First CO2 Storage Facility Now Operational

Denmark’s North Sea subsoil now hosts a safe and efficient CO2 storage facility, thanks to Project Greensand. The 23 partners have successfully completed the pilot phase, demonstrating the project’s viability and readiness.

Ineos Completes Acquisition of LyondellBasell’s Ethylene Oxide & Derivatives Business

Ineos Oxide and LyondellBasell have completed the sale of LyondellBasell’s Ethylene Oxide & Derivatives (EO&D) business and associated production facilities located in Bayport, Texas to Ineos.

Ineos and Sinopec Open New ABS Facility in China

Ineos Styrolution, a styrenics producer, has opened a new world-scale ABS (acrylonitrile butadiene styrene) facility located in Ningbo, China, together with its joint venture partner Sinopec. The facility has an annual nameplate capacity of 600,000 tons.

Ineos Acquires Eramet Titanium & Iron for €230 Million

Ineos Enterprises has announced the acquisition of Eramet Titanium & Iron (ETI) from Eramet for €230 million ($245 million). The deal was completed on Sept. 21 and takes immediate effect, following the satisfaction of regulatory approvals.

Ineos Snags Three Major Chinese Deals

It has gone somewhat quiet around new European joint ventures in China of late, but Ineos has just announced three back-to-back projects with Chinese state-owned Sinopec that it said are worth altogether $7 billion and will lead to sales of around $10 billion from 7 million tonnes of production.

Ineos Expanding PAO Unit at LaPorte

Ineos Oligomers is expanding its plant for High Viscosity polyalphaolefins (PAO) at La Porte, Texas, in stages up to mid-2025.

Ineos Mulls Acetic acid Unit in US

Ineos Acetyls has launched a feasibility study to explore building a world scale plant for acetic acid and derivatives on the US Gulf coast.

European Plastics Market Struggles with Supply Shortage

Ineos Still Bullish on Shale Gas

How now, Jim Ratcliffe?

Ineos Technologies Licenses Innovene S Process to CNOOC Oil

BASF And INEOS Sign Joint Venture Contract For Styrolution

Ineos Confirms Continuation of Strong Trading Conditions in Q2 2010