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Ineos signs agreement to buy ethane from Consol Energy for import into Europe

7:13 AM MST | February 13, 2014 | Natasha Alperowicz

Ineos Europe today announced a new ethane purchase agreement with Consol Energy (Pittsburgh). The feedstock will be transported through the Mariner East infrastructure and imported by sea for use in Ineos’s European cracker complexes. Supplies will start in 2015. “This contract adds to our supply portfolio providing for long-term sourcing of advantageously priced US ethane for our European crackers. It will allow us to continue to consolidate the competitiveness of Ineos’s ethylene production in Europe. We are excited about our new business...

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