INEOS plans to build a new 350,000 tpy linear alpha olefins
plant in the US Gulf Coast region, the company announced on
The project is targeted for completion by the end of 2016.
Beyond then, it could be expanded by an additional 50%, said
Bob Learman, CEO of INEOS Oligomers.
Ultimately, the capacity could reach over 500,000 tpy, he
"INEOS Group already has a significant footprint on the GUlf
so we have ready access to key resources," said Learman. "We
have been working on this project for the past year and it is
now ready to scale up for a new phase of activity."
The companys focus on polyethylene comonomers and
polyalphaolefins and its access to cheaper ethylene makes the
project a very attractive
opportunity, said Joe Walton, business director at INEOS
INEOS is also considering an expansion at its Joffre facility in
Alberta, Canada, where it is working to raise linear alpha
olefins capacity by 10%.
That project is expected to be completed
by the end of the 2014 first quarter.
The global demand for lubricants has been impacted by
the current difficult conditions in both the European and Asian automotive
sectors said Walton. Despite this
backdrop, our [poly alpha olefins] business has been
quite resilient. It will continue to benefit from
lubricant reformulation activity to attain better fuel economy
and to lower carbon emissions.
"INEOS Oligomers is the worlds largest merchant supplier
of PAO and our investment plans will ensure we maintain this
positio," he added.