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Ineos director: Grangemouth ethane investment will buy 15 years of competitiveness

1:26 PM MDT | March 28, 2014 | Ian Young

Ineos’s plans, confirmed and detailed yesterday, to convert its Grangemouth, UK, olefins complex to consume cheap shale-based ethane feedstock imported from the United States, together with Ineos’s more advanced plans to use imported US ethane at the company’s Rafnes, Norway, ethylene complex, are “our short-term response to keep our own competitiveness in Europe going,” says Ineos group director Tom Crotty. Speaking yesterday at a press briefing organized by the Chemical Industries Association at London, Crotty said that the...

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