MOSCOW (MRC) -- INEOS Phenol announced that it is planning to expand the capacity of its plant in Mobile, Alabama (US) up to 850,000 tonnes a year, making it the largest phenol production unit in the world, as per Hydrocarbonprocessing.
Hans Casier, CEO INEOS Phenol said "An investment to increase the capacity of our Mobile production facilities up to 850 kt will make our plant the largest unit in the world. This expansion will meet anticipated growth in demand and shows a clear commitment to our customers to meet their long-term needs in North America."
"The Mobile asset is already the largest and most efficient single train plant in the USA and the expansion will build on this key strength. It also takes full advantage of our Gulf Coast location and our propriety best in class operating technology."
The INEOS Phenol business is the largest producer of Phenol and Acetone in the world, and the only Phenol and Acetone manufacturer with production facilities spanning Europe and America. Its products are used in a diverse range of end-markets including the automotive, construction, electronics and fibre industries.
As MRC wrote before, in August 2017, INEOS Phenol unveiled plants to invest in world-scale cumene unit in Germany. The construction of a new cumene plant will support customer demand improve the security of raw material supply to INEOS phenol and acetone plants located in Gladbeck and Antwerp. INEOS Phenol is a producer of phenol and acetone and the largest consumer of cumene, which is an essential raw material. This investment reinforces its commitment to its customers across its world markets.
INEOS Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.
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