INEOS to invest in UK Grangemouth site
14 September, 2018
Leading chemicals company INEOS has announced that it plans to invest £60m to expand its Grangemouth site.
It has awarded a contract to build an additional furnace on its KG ethylene plant to Selas-Linde GmbH, Germany.
The addition of a tenth furnace will improve efficiency of the plant and increase its production capacity, to ensure the business can continue to meet growing demand for its products.
Subject to planning approval, preparatory project work will begin later in 2018, with the main construction work starting in 2019 and commissioning towards the end of 2020.
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