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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
US shale gas plan to make Grangemouth profitable
Ineos has revealed a plan that will transform the economics of the loss-making site, making it profitable. Central to the plan is the construction of new shipping and storage facilities to handle imports of ethane, 75pc cheaper in America due to the shale gas revolution. Ineos has agreed a long-term supply deal, over 15 years, with Range Resources. Cheap ethane will allow Ineos to run its KG chemical cracker at full capacity of 700,000 tonnes a year, twice the rate currently possible due to the decline in gas feedstocks coming out of the North Sea.
Abstract details
Journal title: Daily Telegraph
Keywords: shale gas - Gas processing
Countries: UK -
Organisation: INEOS Chemicals Grangemouth Limited
Subjects: Economics, business and commerce
