Ineos Mulls Closure of U.K. Cracker

Crotty: Boosting Grangemouth site. Ineos is consulting with employees on the possible closure of the smaller of its two ethylene plants at Grangemouth, U.K. Ineos aims to make a decision in early 2009 on whether to close the company’s 320,000-m.t./year G4 naphtha cracker, Tom Crotty, CEO of Ineos Olefins, told CW on the sidelines of the European Petrochemical Association (EPCA) annual meeting, held last week in Monte Carlo. Ineos would maintain Grangemouth’s 1-million m.t./year plus ethylene capacity and range of cracker products by expanding and...

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