Ineos: Latest Newshttp://www.ineos.com/rsspage/INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 15 businesses each with a major chemical company heritage.http://www.ineos.com/sites/belgium/news-index/antwerpc-project-takes-a-major-next-step-towards-halving-co2-footprint/Antwerp@C project takes a major next step towards halving CO2 footprint<p>With the start of engineering studies, the project has now reached a new milestone to achieve more sustainable, lower-carbon operations around the Port of Antwerp. The seven leading chemical and energy companies aim to make a significant contribution towards the climate objectives of Belgium and the EU. The project aims to collect and export CO2 for sequestration in offshore capacities in the coming years and at reasonable costs or to make it available for potential future reuse. After completion of the engineering studies, a final investment decision for the first phase is anticipated in late 2022.</p> <p>An important next step has been taken in the realisation of Antwerp@C, which aims to reduce CO2 emissions in the port of Antwerp by half by 2030.&nbsp;With the start of the engineering phase, the joint CO2 infrastructure is now being further developed. In concrete terms this involves the construction of a central backbone through the port of Antwerp along the industrial zones on both the right and left banks of the Scheldt, a CO2 liquefaction unit with interim storage and maritime loading facilities for cross-border shipping.&nbsp;As one of the partners in the Antwerp@C consortium, INEOS fully supports this project and recognises CCUS as one of the paths to achieving net zero. Elsewhere in Europe, INEOS is also leading the way in developing carbon capture and storage. In Denmark, INEOS Energy leads the Greensand consortium, which has the potential to store 8 million tonnes of CO2 annually in the Siri and Nini gas fields of the Danish North Sea. &nbsp;INEOS is also closely involved in the development of the first CCS platform connecting Scottish industry to the Acorn platform in North East Scotland.</p> <p><strong>Start of Engineering studies (FEED phase)</strong></p> <p>After carrying out a feasibility study in 2021, Antwerp@C has now taken the decision to move on to the next phase and start engineering studies. These will further investigate the construction of a central "backbone" throughout the port of Antwerp along the industrial zones on both the Right and Left banks of the river Scheldt. Also part of the engineering studies is a shared CO2 liquefaction unit with interim storage and marine loading facilities for cross-border shipping. These studies are partially funded by a Connecting Europe Facility (CEF) grant, which was awarded in October 2020, by subsidies from the Flemish government for the feasibility-phase and by contributions of all consortium participants. After the engineering studies have been finalized, a final investment decision for the first phase is anticipated in late 2022.</p> <p>In the meantime, Fluxys, Air Liquide and Pipelink (a subsidiary of Port of Antwerp) have organised an &lsquo;Open Season&rsquo; in order to map the initial demand for the CO2 infrastructure which is proposed to be built. The Open Season was an invitation towards all companies in the wider port area of Antwerp to make their interest known for CO2&nbsp;transmission and/or CO2&nbsp;terminalling infrastructure in Antwerp. The response gathered from the market will be considered in order to a final investment decision.</p> <p><strong>The Port of Antwerp, a carbon capture pioneer</strong></p> <p>Port of Antwerp is home to the largest integrated energy and chemicals cluster in Europe. This makes it the ideal location to set up new, cross-border collaboration projects for innovative CO2 reduction. To this end, Air Liquide, BASF, Borealis, ExxonMobil, INEOS, TotalEnergies, Fluxys and the Port of Antwerp joined forces at the end of 2019 under the name of&nbsp;Antwerp@C, to investigate the technical and economic feasibility of building a CO2 infrastructure to support future CCUS (Carbon Capture Utilization &amp; Storage) applications. Carbon Capture &amp; Storage (CCS) and eventually also Carbon Capture &amp; Utilization (CCU) &ndash; i.e. reusing CO2 as a raw material for the chemical industry &ndash; are seen as important routes in the Port of Antwerp&rsquo;s transition to a carbon-neutral port. This innovative cross-border CCUS project would be among the first and world&rsquo;s largest multimodal open access CO2 export facilities.</p> <p><cite class="c-blockquote__author">Jacques Vandermeiren, CEO Port of Antwerp: &ldquo;The time is now to make the transition towards a carbon neutral economy. Europe leads the way on a global stage. With Antwerp@C, the port of Antwerp has the key to realize an innovative cross-border CCUS-project, a first of a kind in its concept and scale. We are very keen to move on to this next phase of engineering studies as this project will contribute to the Flemish, Belgian and European climate goals and to the increased EU 2030 targets for emission reduction to at least 55%.&rdquo;</cite><cite class="c-blockquote__author">Wouter de Geest, chairman of Antwerp@C: &ldquo;The important decision to start the engineering of such a complex project reconfirms the commitment of all partners towards their climate ambitions. The support of this commitment by different authorities was indispensable to take this decision and will remain indispensable during the further development of the project. All together, we are much stronger and can transform the industrial cluster in the port of Antwerp.&rdquo;</cite><cite class="c-blockquote__author">Pascal De Buck, CEO Fluxys: &ldquo;The Antwerp@C project is part of the overall project approach of Fluxys to help build the needed decarbonization infrastructure across Belgium and towards the neighboring countries. Both for CO2 and for hydrogen we work with specific infrastructure proposals, currently in 5 and shortly in 6 important industrial clusters. Together with the market, we prepare the infrastructure step by step. Within the industrial clusters, between the clusters and also with connections towards the neighboring countries like in Antwerp. This way, our country is set to become a hub for the molecules for a carbon neutral future.&rdquo;</cite></p> <p><em>Picture: Port of Antwerp</em></p>Tue, 22 Feb 2022 09:00:00 Zhttp://www.ineos.com/globalassets/ineos-group/sites/ineos-belgium/belgium/antwerpc.jpeg?width=600http://www.ineos.com/businesses/ineos-fps/news/environmental-performance-update/ENVIRONMENTAL PERFORMANCE UPDATE<p>Since acquiring the Forties Pipeline System (FPS) in November 2017, we have, and continue, to invest heavily in environmental improvements to deliver our ambitious plans for a sustainable future.</p> <p>We previously announced a &pound;500 million investment in our infrastructure over a fixed period. More recently, in conjunction with other INEOS Scotland businesses, we recently announced the invitation to tender for the next stage of the design of a world scale carbon capture enabled hydrogen production plant and major associated infrastructure. A new investment and a key step in our journey towards Net Zero.</p> <h2>2021 ENVIRONMENTAL PERFORMANCE DATA <sup>1</sup></h2> <p>Our initial 2021 environmental performance data analysis shows a continually reducing trend in emissions to air, land, and water based on previous years&rsquo; performance.</p> <p><img src="http://www.ineos.com/link/7e46af195c484f73b650c7195f39a13a.aspx" alt="FPS1.png" width="838" height="549" /></p> <p>As part of our commitment to minimize our impact on the environment and communities in which we operate, we will publish updates relating to our environmental improvement projects and Net Zero journey throughout 2022.</p> <p><sup>1</sup> 2021 Scope 1 C02 Emissions data will be subject to external verification.<br />2018 comparison chosen as first full year data set under INEOS ownership.</p> <p><a class="c-button c-button--outline" title="GUIDANCE ON WAIVER REQUESTS" href="http://www.ineos.com/link/dc63dfd777834fe39ada10f924bc935e.aspx" target="_blank" rel="noopener">Download the Environmental Performance Update</a></p>Fri, 18 Feb 2022 09:28:59 Zhttp://www.ineos.com/globalassets/ineos-group/businesses/ineos-fps/images-for-fps/fps1.pnghttp://www.ineos.com/sites/belgium/news-index/ineos-sustainability-report-2021/INEOS Sustainability Report 2021<p>INEOS has issued its new Sustainability Report 2021. Many initiatives in Belgium are also highlighted in the new report:</p> <ul> <li>The use of hydrogen as a fuel in an industrial plant for the first time in Belgium by INEOS Phenol and Engie to generate electricity and heat</li> <li>INEOS' new business Project ONE that aims to build one of Europe&rsquo;s<br />most innovative and best climate-performing olefin complexes in Antwerp</li> <li>The announcement of the first hydrogen-powered barge that will transport vital raw materials for INOVYN between its sites at Antwerp and Jemeppe.</li> <li>Carbon capture at INEOS Oxide in Zwijndrecht and the port of Antwerp as the carbon capture pioneer with Antwerp@C</li> <li>Operation Clean Sweep initiatives</li> <li>Feeding process purge water into cooling towers at Oligomers Feluy</li> <li>Purchases for bio-based steam and green energy</li> <li>...</li> </ul> <p><a class="c-button c-button--outline" href="http://www.ineos.com/link/77434c1e583947d1a1dcfe18af93e4db.aspx" target="_blank" rel="noopener">Read the new INEOS Sustainability Report</a></p>Fri, 11 Feb 2022 16:08:06 Zhttp://www.ineos.com/globalassets/ineos-group/sites/ineos-belgium/belgium/sustainabilityreport2021.jpeg?width=600http://www.ineos.com/news/shared-news/worlds-largest-ethane-carrier-named--pacific-ineos-belstaff-at-ceremony-in-texas/Worlds largest ethane carrier named Pacific INEOS Belstaff at ceremony in Texas<ul> <li><strong>The &lsquo;Pacific INEOS Belstaff&rsquo; is the latest ship to join the INEOS fleet.</strong></li> <li><strong>The ship is the world&rsquo;s first 99,000 CMB VLEC (Very Large Ethane Carrier) with type B tanks, and is the largest VLEC in the world.</strong></li> <li><strong>The ship was named by Fran Millar CEO of the iconic Belstaff clothing brand at a ceremony held today in Houston, Texas.</strong></li> <li><strong>The naming marks the latest milestone in INEOS&rsquo; expansion of its trading and shipping capabilities.</strong><hr /></li> </ul> <p>Today in Houston, the world&rsquo;s largest ethane carrier was named as the &lsquo;Pacific INEOS Belstaff&rsquo; after the iconic Belstaff clothing brand, which is also owned by INEOS.&nbsp; The new ship joins INEOS&rsquo;s growing carrier fleet and was primarily built to transport US ethane both to China and Europe.</p> <p>As the world&rsquo;s first 99,000 CMB VLEC (Very Large Ethane Carrier) the vessel is fitted with type B tanks, a brand-new design for transporting ethane. The tanks allow optimisation of vessel capacity, fitting closely to the external shape of the vessel.&nbsp;</p> <p>The ship also has the potential to carry other products such as ethylene and LPG.</p> <p>David Thompson, CEO of INEOS Trading &amp; Shipping, says:<strong> <em>&ldquo;</em></strong><em>Today&rsquo;s ceremony is another major milestone in the expansion of INEOS&rsquo;s shipping &amp; trading capabilities. As always at INEOS we have innovated and invested in the future, so I am delighted that we now operate the world&rsquo;s largest VLEC and I look forward to this vessel transporting vital feedstocks for years to come&rdquo;.</em></p> <p>At the ceremony, Fran Millar, CEO of Belstaff, formally named the ship and in so doing became its official godmother. In addition to being named after Belstaff, the ship also carries the brand's famous slogan, &lsquo;Built for Life&rsquo; proudly emblazoned on its side.</p> <p>Fran Millar, CEO of Belstaff, says: &ldquo;<em>I am proud to be godmother to this new and innovative carrier as it becomes a part of the growing INEOS fleet. In displaying the Belstaff brand along the length of the ship it also provides Belstaff with an enormous billboard introducing our logo to some very new places around the world.&rdquo; </em></p> <p>Built in Jiangnan, China and operated by Pacific Gas, the Pacific INEOS Belstaff is made of approximately 18,000 tonnes of steel and 40,000 meters of piping. At 230m it is longer than two football pitches combined (8 basketball courts).</p> <p>Mr John Lu, President of Pacific Gas says: <em>&ldquo;We are delighted to deliver the Pacific INEOS Belstaff and start serving INEOS&rsquo; ground-breaking ethane trading business around the globe. Today marks the beginning of a very long journey with our partner INEOS. We will maintain the highest standards for the operation of the vessel and meet the fullest satisfaction of our customers.&rdquo;</em></p> <p>The launch of the Pacific INEOS Belstaff takes the INEOS ethane fleet to eleven vessels consisting of 3 VLEC&rsquo;s, and 8 &lsquo;dragon&rsquo; ships, which have been regularly transporting ethane across the Atlantic for over 5 years. A fourth VLEC, is set to launch this Spring 2022.</p> <p>ENDS</p> <p><strong><u>For editors:</u></strong></p> <p><strong>About INEOS:&nbsp; </strong>INEOS is a global manufacturing company making the raw materials and energy used for everyday life. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. For example, preservation of food and clean water; construction of wind turbines, solar panels and other renewable technologies; for construction of lighter and more fuel-efficient vehicles and aircraft; for medical devices and applications; for clothing and apparel; and for insulation and other industrial and home applications.</p> <p>INEOS businesses have put in place the plans and actions needed to ensure that they lead the transition to a net zero economy by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation. As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent.</p> <p><strong>About Pacific Gas:&nbsp; </strong>Pacific Gas(Hong Kong)Holdings Limited is dedicated itself to provide integrated and yet competitive shipping services for a full range of clean energy and its derivatives by products in the international market, with offices located in Hong Kong, Shanghai, Singapore, and Mumbai.&nbsp; Through its proactive approach and long-term cooperation with both upstream and downstream customers worldwide, the company has developed into a global leading facilitator and arranger by establishment of its oceangoing shipping platform, providing diversified shipping service for Methane (LNG), Ethane, Propane and Butane (LPG), and various petrochemical gas products including Ethylene, Propylene, Butadiene etc.</p> <p><strong>Media Contacts<br /></strong>Richard Longden (<a href="mailto:Richard.longden@ineos.com">Richard.longden@ineos.com</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0041 21 627 7063 or 0041 7996 26123<br />Andrew McLachlan (<a href="mailto:andrew@mediazoo.tv">andrew@mediazoo.tv</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 07931 377162<br />Alex Williams (<a href="mailto:alex.williams@mediazoo.tv">alex.williams@mediazoo.tv</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 07793 20732</p>Thu, 10 Feb 2022 15:53:00 Zhttp://www.ineos.com/globalassets/ineos-group/news/ineos_belstaff_009.jpghttp://www.ineos.com/sites/grangemouth/news/ineos-op-europe-announces-exciting-new-application-for-its-recycl-in-polymer-grade-range/INEOS O&P Europe announces exciting new application for its Recycl-IN polymer grade range<ul> <li><strong>INEOS and COVERIS are excited to announce a collaboration that has delivered a new application for the Recycl-IN polymer grade range</strong></li> <li><strong>This new flexible packaging solution for pallet stretch-hood contains significant recycled content and conforms with the UK Government&rsquo;s soon to be introduced legislation for packaging</strong></li> <li><strong>INEOS continues to develop and explore new ranges of recycled polymer grades (Recycl-IN) through the combination of post-consumer recyclates (PCR) and selected virgin material to bring performance commensurate with virgin polymer solutions.</strong></li> </ul> <p>INEOS Olefins &amp; Polymers Europe are today announcing an exciting new application of a new polymer grade to its portfolio of products that comprise of post-consumer recyclates (PCR). The range of recycled polymer grades (Recycl-IN) is growing as INEOS and its partners develop and explore the displacement of virgin polymers with PCR materials.</p> <p>In this latest development, and working closely with the technical team at COVERIS in Winsford, Cheshire, a new stretch-hood packaging film, containing a minimum of 30% recycled material, has undergone a series of rigorous testing and trials at INEOS&rsquo; manufacturing facility in Grangemouth, Scotland intended for distribution of INEOS&rsquo; palletised polymer resin. These trials have demonstrated that the product integrity and quality is maintained and that the new recycled stretch-hood covering for pallets performs to the same standards as a previous solution made from 100% virgin material. It has been introduced ahead of UK legislation for packaging materials that will require a minimum content of recycled polymers.</p> <p>&ldquo;<em>This is a significant breakthrough</em>,&rdquo; says INEOS Polymer Business Manager, Graham MacLennan. &ldquo;<em>Palletised distribution of goods is increasing and a stretch-hood covering helps prevent waste, damage and loss to products transported in this way. By substituting virgin polymer content with recycled polymers, we are actively working towards our targets to&nbsp;adopt a more circular approach, signalling our clear commitment to using more recycled plastic as a raw material. Our new product, developed in close partnership with COVERIS, is a clear demonstration of this. Within INEOS we remain committed to Sustainability, to achieving Net Zero in our operations and bringing solutions to the market that enable others in the supply chain to lower their carbon footprints too</em>.&rdquo;</p> <p>This, and other Recycl-IN polymers, are proving that plastics remain a valuable resource, even after initial use. INEOS O&amp;P continues to pursue technological and engineering solutions to increase the recycled content of the materials they produce, and to demonstrate to customers, supply chain partners and to the wider world that their new range of <strong>Recycl-IN </strong>polymers perform to the high standards that they expect.</p> <p>Mike Richardson, Technical Director, Coveris Winsford said,<em> &ldquo;Coveris have extensive experience of producing high performance films with significant recycled content. Our collaboration with INEOS has enabled us to develop a new stretch hooding product with 30% PCR content, without increasing gauge or compromising on performance. Supporting our vision of NO WASTE and the wider industry sustainability goals, the new solution offsets the need for virgin plastics whilst maintaining full recyclability, as well as being fully compliant with UK plastics packaging tax. This will allow our customers the benefits of palletised transportation using plastic tertiary packaging without compromising their sustainability and circular economy goals.&rdquo;</em></p> <p><em><img src="http://www.ineos.com/link/e56da78bc94d439fbf450aa05dc30f4a.aspx" alt="" width="281" height="328" /> <img src="http://www.ineos.com/link/c2541af3624940a4aaf47e2e9552d5cd.aspx" alt="" width="219" height="329" /></em></p>Wed, 09 Feb 2022 09:00:00 Zhttp://www.ineos.com/contentassets/27897b20484243289570b42c2792631a/clip_image003.jpg?width=600http://www.ineos.com/sites/belgium/news-index/flying-detective-in-action-at-ineos-phenol/Drone in action as flying detective at INEOS Phenol<div class="epi-contentfragment">Phenol dronevlucht</div> <p>&nbsp;</p> <p>Usually, leakage checks are carried out by someone who closely examines the installations with a measuring device. A drone could make this easier, because it could, for example, get to places that are difficult to reach in an easier way."We very regularly carry out leak loss inspections," says Benny Van Den Heuvel, who is responsible for smart manufacturing at INEOS Phenol in Doel. "We want to detect the smallest leakages. A drone could make this easier, because it could, for example, get to places that are difficult to reach in an easier way."We very regularly inspect for leakage losses," says Benny Van Den Heuvel, who is responsible for smart manufacturing at INEOS Phenol. "We also want to detect the smallest leakages. Because we have thousands of valves and pumps here and some are located at a high or difficult to reach place, we were looking for a way to identify that more easily."</p> <p>Phenol found a new approach at Aeromon in Finland. Aeromon supplies the measuring equipment - the nose that hangs under the drone and is flown by the drone pilots of Skyebase from Moerbeke-Waas. That turned out to be a stable solution. It is the first time Aeromon applies the new technique in Belgium.</p> <p>"The flight went without a hitch," says Benny Van Den Heuvel. "The nose on the drone immediately transmits all measurements wirelessly, so we can make adjustments or look at a piece in more detail. All that data is also in an extensive report, which would even allow us to make a 3D map of the measurements. A disadvantage of taking measurements with a drone is that you are very dependent on the weather.</p> <p>"We are already doing visual inspections with drones inside installations or storage tanks already, because they are not always easily accessible to people and equipment. This was the first time we used a drone flight for leakages. In the future, we might also be able to take thickness measurements in this way. All the equipment to do accurate thickness measurements with a drone is now available. There are certainly useful applications. We have learned a lot with this first drone flight for leak loss detection."</p> <p>&nbsp;</p>Mon, 31 Jan 2022 14:10:10 Zhttp://www.ineos.com/globalassets/ineos-group/sites/ineos-belgium/belgium/20220125_131651.jpg?width=600http://www.ineos.com/sites/grangemouth/news/ineos-at-grangemouth-announces-plans-to-construct-a-low-carbon-hydrogen-manufacturing-plant/INEOS at Grangemouth announces plans to construct a Low-Carbon Hydrogen Manufacturing Plant<ul> <li><strong>INEOS takes the next significant step towards delivering a sustainable future for its businesses at Grangemouth with a move to low carbon hydrogen fuel</strong></li> <li><strong>Investment in a world-scale low-carbon hydrogen plant is the cornerstone of the site&rsquo;s Road Map to Net Zero, underpinning a commitment to deliver emissions savings of more than 60% across the site by 2030</strong></li> <li><strong>Andrew Gardner, CEO and Chairman at Grangemouth: &ldquo;<em>This is an exciting development and an important step forward for our site.</em></strong><em> <strong>We are determined to reduce our own emissions to Net Zero by 2045, create products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution</strong></em><strong>&rdquo;</strong></li> </ul> <hr /> <p>INEOS is today taking the next significant step in its Road Map to deliver a sustainable, Net Zero carbon future at Grangemouth, by inviting major engineering design contractors to tender for the next stage of the design of a world scale carbon capture enabled hydrogen production plant and major associated infrastructure.</p> <p>Stuart Collings, CEO INEOS O&amp;P UK, said, &ldquo;<em>We are progressing at pace with our commitment to deliver our Net Zero plans. This will see the displacement of hydrocarbon fuels used at Grangemouth, like natural gas, with clean, low carbon hydrogen to power our processes and manufacture vital materials used across a wide range of sectors. To achieve this, we are inviting&nbsp; bids from the best engineering companies to design both a state of the art carbon capture enabled hydrogen production plant and an extensive suite of related infrastructure projects. The carbon dioxide from this project will be routed to the Scottish Cluster&rsquo;s Acorn CO2 transport and storage project, resulting in reductions of more than one million tonnes of carbon dioxide emissions each year.</em>&rdquo;</p> <p>INEOS has already committed over &pound;500m on active projects across the site including investment in a New Energy Plant which is due to commission in late 2023. This power plant will employ highly efficient technology to supply energy to all our site operations and will drive down emissions by at least 150,000 tonnes of CO2 per annum. This new power plant will then be converted to run on hydrogen which will further reduce CO2 emissions.</p> <p>Access to locally produced hydrogen will have benefits for other assets at the Grangemouth Site, fuelling the existing Combined Heat and Power Plant, the KG Ethylene Plant and assets in the Petroineos Refinery. This will require a new hydrogen distribution network throughout the site and modifications to the existing fuel gas network, all of which are captured within the scope of the engineering design. The scope of design is also planned to provide capability to link the hydrogen production to third parties in the local area to support development of a local hydrogen hub.</p> <p>Underpinning our Hydrogen project will be access to the Scottish Cluster carbon capture and storage (CCS) infrastructure. In excess of 1m tonnes per year of CO2 from our hydrogen plant will be sent directly offshore through existing gas pipelines to be permanently stored in rock formations deep below the North Sea. We are fully committed to the Scottish Cluster CCS project. We believe it will be an important part of both Scotland and the UK&rsquo;s drive to Net Zero.</p> <p>Andrew Gardner, Chairman INEOS Grangemouth commented: &ldquo;<em>The construction of a world scale low carbon hydrogen plant is an exciting development at Grangemouth and one that will deliver on our commitment to achieve Net Zero by 2045. It builds on the significant CO2 reductions we&rsquo;ve already made at Grangemouth since we acquired the site in 2005. We are determined to reduce our own emissions to Net Zero, create products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution.</em>&rdquo;</p> <p>Ends</p> <p><u>Media Contacts:</u></p> <p>David East (INEOS) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0044 1324 476948 or 0044 7768301709</p> <p>Richard Longden (INEOS)&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0041 21 627 7063 or 0041 7996 26123<br /><br /></p> <p><strong>INEOS Olefins &amp; Polymers (UK) Europe </strong>operates the petrochemical plants at Grangemouth. The raw materials used by this business present an outlet for North Sea gases, delivered via the co-located INEOS-owned Forties Pipeline System. Our finished products of ethylene, propylene, polyethylene, polypropylene and ethanol are used as the building blocks in a multitude of sectors, in the manufacture of everyday household essentials - being transformed into bottles, cabling and insulation, food packaging as well as being extensively used in the pharmaceutical industry. They also support and enable these other sectors to reduce their own greenhouse gas emissions.</p> <p>&nbsp;</p> <p><strong>About INEOS FPS</strong><br />The Forties Pipeline System is a 100% INEOS-owned integrated oil and gas liquid transportation and processing system and is the largest pipeline system in the UK North Sea. The FPS is a critical Central North Sea transport infrastructure system and in 2020 transported over 30% of the UK&rsquo;s total oil production from the UKCS to the mainland. The Forties Pipeline System primarily comprises a 169km 36-inch offshore pipeline from Forties Platform Forties Charlie via the unmanned Forties Unity platform to the onshore terminal at Cruden Bay. From there a 36-inch onshore pipeline transports the liquids 209km south to the Kinneil facilities, where the crude oil is processed and stabilised to produce Forties Blend before output is sent either for export via the Dalmeny terminal and Hound Point loading jetty or on to the Grangemouth refinery. &nbsp;</p> <p>INEOS and Petroineos at Grangemouth fully support the Scottish Government targets to reduce emissions to net zero by 2045 as part of a just transition to a low carbon economy.&nbsp; In September 2021 it announced the next phase of its Road Map to deliver emissions savings of more than 60% across the site by 2030 as it continues to make reductions towards net zero emissions by 2045 in Scotland.</p>Thu, 27 Jan 2022 09:03:51 Zhttp://www.ineos.com/globalassets/ineos-group/grangemouth/grangemouth-site-from-inveravon-hill-may-2018-2.jpg?width=600http://www.ineos.com/news/shared-news/ineos-at-grangemouth-announces-plans-to-construct-a-low-carbon-hydrogen-manufacturing-plant/INEOS at Grangemouth announces plans to construct a Low-Carbon Hydrogen Manufacturing Plant<ul> <li><strong>INEOS takes the next significant step towards delivering a sustainable future for its businesses at Grangemouth with a move to low carbon hydrogen fuel</strong></li> <li><strong>Investment in a world-scale low-carbon hydrogen plant is the cornerstone of the site&rsquo;s Road Map to Net Zero, underpinning a commitment to deliver emissions savings of more than 60% across the site by 2030</strong></li> <li><strong>&nbsp;</strong><strong>Andrew Gardner, CEO and Chairman at Grangemouth: &ldquo;<em>This is an exciting development and an important step forward for our site.</em></strong><em> <strong>We are determined to reduce our own emissions to Net Zero by 2045, create products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution</strong></em><strong>&rdquo;</strong></li> </ul> <hr /> <p>INEOS is today taking the next significant step in its Road Map to deliver a sustainable, Net Zero carbon future at Grangemouth, by inviting major engineering design contractors to tender for the next stage of the design of a world scale carbon capture enabled hydrogen production plant and major associated infrastructure.</p> <p>Stuart Collings, CEO INEOS O&amp;P UK, said, &ldquo;<em>We are progressing at pace with our commitment to deliver our Net Zero plans. This will see the displacement of hydrocarbon fuels used at Grangemouth, like natural gas, with clean, low carbon hydrogen to power our processes and manufacture vital materials used across a wide range of sectors. To achieve this, we are inviting&nbsp; bids from the best engineering companies to design both a state of the art carbon capture enabled hydrogen production plant and an extensive suite of related infrastructure projects. The carbon dioxide from this project will be routed to the Scottish Cluster&rsquo;s Acorn CO2 transport and storage project, resulting in reductions of more than one million tonnes of carbon dioxide emissions each year.</em>&rdquo;</p> <p>INEOS has already committed over &pound;500m on active projects across the site including investment in a New Energy Plant which is due to commission in late 2023. This power plant will employ highly efficient technology to supply energy to all our site operations and will drive down emissions by at least 150,000 tonnes of CO2 per annum. This new power plant will then be converted to run on hydrogen which will further reduce CO2 emissions.</p> <p>Access to locally produced hydrogen will have benefits for other assets at the Grangemouth Site, fuelling the existing Combined Heat and Power Plant, the KG Ethylene Plant and assets in the Petroineos Refinery. This will require a new hydrogen distribution network throughout the site and modifications to the existing fuel gas network, all of which are captured within the scope of the engineering design. The scope of design is also planned to provide capability to link the hydrogen production to third parties in the local area to support development of a local hydrogen hub.</p> <p>Underpinning our Hydrogen project will be access to the Scottish Cluster carbon capture and storage (CCS) infrastructure. In excess of 1m tonnes per year of CO2 from our hydrogen plant will be sent directly offshore through existing gas pipelines to be permanently stored in rock formations deep below the North Sea. We are fully committed to the Scottish Cluster CCS project. We believe it will be an important part of both Scotland and the UK&rsquo;s drive to Net Zero.</p> <p>Andrew Gardner, Chairman INEOS Grangemouth commented: &ldquo;<em>The construction of a world scale low carbon hydrogen plant is an exciting development at Grangemouth and one that will deliver on our commitment to achieve Net Zero by 2045. It builds on the significant CO2 reductions we&rsquo;ve already made at Grangemouth since we acquired the site in 2005. We are determined to reduce our own emissions to Net Zero, create products that will help others reduce their emissions and play a leading role in a clean hydrogen revolution.</em>&rdquo;</p> <p>Ends</p> <p><u>Media Contacts:</u></p> <p>David East (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0044 1324 476948 or 0044 7768301709<br />Richard Longden (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0041 21 627 7063 or 0041 7996 26123<br /><br /></p> <p><strong>INEOS Olefins &amp; Polymers (UK) Europe </strong>operates the petrochemical plants at Grangemouth. The raw materials used by this business present an outlet for North Sea gases, delivered via the co-located INEOS-owned Forties Pipeline System. Our finished products of ethylene, propylene, polyethylene, polypropylene and ethanol are used as the building blocks in a multitude of sectors, in the manufacture of everyday household essentials - being transformed into bottles, cabling and insulation, food packaging as well as being extensively used in the pharmaceutical industry. They also support and enable these other sectors to reduce their own greenhouse gas emissions.</p> <p><strong>About INEOS FPS</strong><br />The Forties Pipeline System is a 100% INEOS-owned integrated oil and gas liquid transportation and processing system and is the largest pipeline system in the UK North Sea. The FPS is a critical Central North Sea transport infrastructure system and in 2020 transported over 30% of the UK&rsquo;s total oil production from the UKCS to the mainland. The Forties Pipeline System primarily comprises a 169km 36-inch offshore pipeline from Forties Platform Forties Charlie via the unmanned Forties Unity platform to the onshore terminal at Cruden Bay. From there a 36-inch onshore pipeline transports the liquids 209km south to the Kinneil facilities, where the crude oil is processed and stabilised to produce Forties Blend before output is sent either for export via the Dalmeny terminal and Hound Point loading jetty or on to the Grangemouth refinery. &nbsp;</p> <p>INEOS and Petroineos at Grangemouth fully support the Scottish Government targets to reduce emissions to net zero by 2045 as part of a just transition to a low carbon economy.&nbsp; In September 2021 it announced the next phase of its Road Map to deliver emissions savings of more than 60% across the site by 2030 as it continues to make reductions towards net zero emissions by 2045 in Scotland.</p> <p>&nbsp;</p>Thu, 27 Jan 2022 08:48:43 Zhttp://www.ineos.com/globalassets/ineos-group/news/grangemouth-site-from-inveravon-hill-may-2018-3-compressed.jpg?width=600http://www.ineos.com/news/shared-news/teams-in-black-kick-off-the-year-with-new-playing-and-training-kit/Teams in Black kick off the year with new playing and training kit<p><span style="font-weight: 400;">New Zealand Rugby (NZR) has revealed new playing and training kit for its Teams in Black to mark the start of a first-of-its-kind Performance Partnership with INEOS.</span></p> <p><span style="font-weight: 400;">The kit, originally designed and tested by adidas, will feature INEOS on the playing shorts and training jersey as part of the new partnership.&nbsp;</span></p> <p><span style="font-weight: 400;">Sir Dave Brailsford, Director of Sport, INEOS said: &ldquo;The Teams in Black are synonymous with performance, and their kit is one of the most evocative and admired in world sport. The integration of the INEOS brand on this iconic kit symbolises our partnership to share best practice and collaborate on performance innovation &ndash; a core purpose of INEOS. We have much to learn from the Teams in Black, and much to share from our own successes in F1, cycling, sailing, football and running. The INEOS sports group is united by a resolve to set new standards in everything it does. Our exciting new partnership with New Zealand Rugby perfectly complements this ambition, and enhances an already impressive knowledge base. I am looking forward to integrating the players and team at New Zealand Rugby into INEOS to support their ambitious performance goals and apply the knowledge and expertise found across all of our teams.&rdquo;</span></p> <p><span style="font-weight: 400;">All Blacks Sevens Head Coach Clark Laidlaw adds: &ldquo;With a mix of world class talent and emerging players named in the All Blacks Sevens squad earlier this month, we are looking forward to making the most of opportunities to develop as a team. The Performance Partnership with INEOS is really unique, giving us the ability to learn from some of the world&rsquo;s highest performing teams across a range of sports.&rdquo;&nbsp;</span></p> <p><span style="font-weight: 400;">The Performance Partnership will see NZR&rsquo;s Teams in Black including the All Blacks and Black Ferns work with the other teams backed by INEOS, which includes Mercedes-AMG Petronas F1 Team, INEOS Grenadiers cycling team, America&rsquo;s Cup Challenger of Record INEOS Britannia, Eliud Kipchoge,&nbsp; OGC Nice and FC Lausanne-Sport.</span></p> <p><span style="font-weight: 400;">The All Blacks Sevens and Black Ferns Sevens teams are scheduled to be among the first Teams in Black to showcase the playing and training kits during the upcoming HSBC World Rugby Sevens Series. The All Blacks, Black Ferns, Māori All Blacks, All Blacks XV and All Blacks Under 20 are all scheduled to wear the new playing and training kits later in 2022.&nbsp;</span></p> <p><span style="font-weight: 400;">---ENDS ----</span></p> <p><span style="font-weight: 400;">INEOS - Tom Crotty, INEOS Director of Corporate Affairs and Communications is available for interviews via zoom, as requested. To arrange please contact </span><a href="mailto:sophie.galasinski@ineos.com"><span style="font-weight: 400;">sophie.galasinski@ineos.com</span></a><span style="font-weight: 400;">&nbsp;</span></p> <p><strong>Photographer credit:</strong> Jo Caird / Jogie &amp; Co / Getty Images.<br /><strong>From left</strong>: Ruahei Demant, Karl Tu&rsquo;inukuafe, Alana Bremner, Dalton Papalii, Les Elder, Samuel Whitelock, Sevu Reece.</p>Thu, 27 Jan 2022 07:15:00 Zhttp://www.ineos.com/sites/belgium/news-index/a-sustainable-cable-network-in-your-home-behind-the-scenes-at-ineos--thesla/A sustainable cable network in your home: behind the scenes at INEOS & Thesla<p>Usually invisible but therefore no less essential: in homes today, dozens of&nbsp;metres&nbsp;of cables are processed in walls, ceilings and floors for lighting, internet, heating and other smart applications. They can last for decades and thus contribute to our comfort at home every day.&nbsp;</p> <p>The durable, flexible cables used in new buildings and renovations are made of polypropylene. It is produced at INEOS O&amp;P in Geel. From there, it goes to Thesla in Destelbergen that makes the pre-wired cables and then to houses and buildings all over the country and beyond.</p> <div class="epi-contentfragment">O&amp;P Geel &amp; Thesla (EN)</div>Tue, 18 Jan 2022 10:17:00 Zhttp://www.ineos.com/news/shared-news/ineos-and-eliud-kipchoge-reunite-under-new-performance-partnership/INEOS and Eliud Kipchoge reunite under new Performance Partnership<p>INEOS has signed a new Performance Partnership with Eliud Kipchoge to support Kipchoge&rsquo;s ambitious performance goals in running.</p> <p>Having won gold in the men&rsquo;s marathon at the 2020 Tokyo Olympic Games, defending his title from Rio 2016, Kipchoge is going for a record-breaking three Olympic titles back-to-back as he targets gold at Paris 2024. To support this ambition, Kipchoge has signed a Performance Partnership with INEOS and will be working with Sir Dave Brailsford in his new role as Director of Sport at INEOS.</p> <p>The new partnership will see the performance team behind the INEOS 1:59 Challenge, including Sir Dave Brailsford, Valentijn Trouw and Patrick Sang, come back together. In 2019, Kipchoge made history at the INEOS 1:59 Challenge by becoming the first person to run a marathon in under two hours. The knowledge and expertise of the team that made this feat possible will reunite again to work with Kipchoge to help achieve his goals.</p> <p>Eliud Kipchoge said: &ldquo;To receive the support from such a great entity in sports is a huge boost to myself and the team. We have had a wonderful relationship since we first started working together and have already changed the world together once. I am excited to keep breaking barriers with the support of INEOS on our side. I believe that we can make a strong impact across all sports by sharing our knowledge and experiences with each other. To utilise the greatest minds in sports will continue to allow us to keep pushing the boundaries of running. I am very excited for the future ahead.&rdquo;</p> <p>Sir Dave Brailsford, Director of Sport, INEOS said: &ldquo;Eliud Kipchoge is a once in a generation athlete breaking athletic boundaries that many felt impossible. Collaborating with Eliud, his performance team and INEOS on the 1:59 Challenge was a truly inspiring experience. Eliud epitomises an INEOS athlete. The opportunity to come together again to tackle new ambitious challenges with Eliud and the wider running team is incredibly exciting.&rdquo;</p> <p>Sir Jim Ratcliffe, Chairman of INEOS added: &ldquo;Eliud is a very special person with an approach and mindset that transcends sport. We have a close affinity with Eliud after the 1:59 Challenge so I&rsquo;m pleased to bring him back into the fold. We have a great opportunity ahead of us to support not only his performance goals but understand how his approach can help others achieve theirs.&rdquo;</p> <p>Eliud Kipchoge and his team will begin working with the other teams backed by INEOS, which includes the All Blacks, Mercedes-AMG Petronas F1 Team, INEOS Grenadiers cycling team, America&rsquo;s Cup Challenger of Record INEOS Britannia, OGC Nice and FC Lausanne-Sport.</p> <p>Through their Performance Partnerships, INEOS brings together some of the best minds and talent in sport to tackle sports greatest challenges.</p> <p>Under Sir Dave Brailsford, the teams involved are working together to identify opportunities for performance gains that can be shared and applied across the group, utilising the unique knowledge and skills of world-leading experts who operate across the full sports performance spectrum.&nbsp;</p> <p>Sir Dave Brailsford added: &ldquo;Across sports, we all face the same challenge, the need to continually improve. Through INEOS, we have a unique opportunity to take on this challenge. With some of the best minds in sport we will develop and grow the INEOS performance community, driving to become greater than the sum of our parts.&rdquo;</p> <p><strong>ENDS</strong></p> <p>&nbsp;</p> <p><strong><u>Notes to editors</u></strong></p> <p>Please find free of rights imagery here, credit: NN Running Team: <a href="http://bit.ly/INEOSPRESS">http://bit.ly/INEOSPRESS</a></p> <p>For more information and behind the scenes footage visit nnrunningteam.com or visit our social media channels.</p> <p><strong>Media contacts</strong></p> <p>INEOS: Sophie Galasinski, +44 7920 364 286, sophie.galasinski@ineos.com</p> <p>NN Running Team: Marleen Vink &ndash; Rennings, +316 53 34 07 55, marleen@gscmail.nl</p> <p>&nbsp;</p> <p><a href="http://www.ineos.com/link/4306fb7900434708bb852daf43716919.aspx"><strong>About INEOS</strong></a></p> <p>INEOS is a global manufacturing company making the raw materials and energy used for everyday life. Used across industries such as food, medicine, home, electronics and automotive, our products aim to enhance standards of living for everyone around the world.</p> <p>Improving the sustainability of our business and operations is central to the way we work. It is of critical importance to our employees, to our partners and customers, to the communities in which we operate, and to our investors. It drives innovation across all our businesses and sites.</p> <p>Our products already make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. For example, preservation of food and clean water; construction of wind turbines, solar panels and other renewable technologies; for construction of lighter and more fuel-efficient vehicles and aircraft; for medical devices and applications; for clothing and apparel; and for insulation and other industrial and home applications. If polymers and plastics were to be replaced to the maximum extent in applications where they can be substituted, overall life-cycle greenhouse gas (GHG) emissions in Europe would increase by more than 50%.</p> <p>Following the Paris Climate Agreement of 2015, most nation states have set the goal to achieve a net zero emission economy by 2050, and are adopting regulations and legislation to support this. As part of this, there is widespread acceptance that we should strive for a circular economy, in which materials are re-used to their maximum extent. In response, INEOS businesses have put in place the plans and actions needed to ensure that they lead the transition to a net zero economy by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation.</p>Wed, 12 Jan 2022 12:00:00 Zhttp://www.ineos.com/globalassets/ineos-group/news/ineoskit-023.jpg?width=600http://www.ineos.com/news/ineos-group/ineos-signs-renewable-power-deal-with-eneco/INEOS signs renewable power deal with Eneco. The deal increases INEOS' total Belgian offshore wind generation to over 200MW and reduces CO2 emissions by nearly 3 million tonnes<ul> <li>10 year Power purchase agreement with Eneco</li> <li>It is the largest PPA that Eneco has signed in Belgium</li> <li>From largest Belgian offshore wind park - SeaMade Wind Park</li> <li>65 Megawatt (~250 GWh per annum)</li> <li>Forms important part of the INEOS roadmap for a reduction in carbon-based energy for its facilities<hr /></li> </ul> <p>INEOS has agreed a long-term Power Purchase Agreement for renewable offshore wind power in Belgium with sustainable energy producer Eneco.&nbsp; Under the terms of the ten-year deal, which begins in 2022, INEOS will purchase 65,5-Megawatt (250 GWh per annum) of off-shore wind power from Eneco, produced at the SeaMade offshore wind park in the Belgian North Sea.&nbsp;</p> <p>This significant deal will take ca. 13.5% of SeaMade&rsquo;s renewable electricity. It will reduce the carbon footprint of INEOS by a further 940,000 tonnes of CO<sub>2</sub> over the length of the contract, which is the equivalent of taking 70,000 cars off the road each year.&nbsp;</p> <p>The renewable electricity from this agreement will be used to support INEOS Olefins and Polymers, INOVYN and Styrolution businesses, allowing the latter to switch its German assets to green power from January 2022 onwards.</p> <p>This is the third renewable power deal agreed by INEOS as part of our road map to reduce greenhouse gas emissions from across its operations, as the company continues to supply essential products that people increasingly need across medical, food, transport and construction.</p> <p>Combined with previously announced deals, the agreement with Eneco increases the INEOS commitment to Belgian offshore renewable wind to 205 MW (~750 GWh per annum). Together this reduces the carbon footprint of its operations by nearly 3 million tons of CO<sub>2</sub> over the life of the contracts; the equivalent of taking more than 230,000 cars off the road, in total, each year.&nbsp;</p> <p>David Thompson, CEO INEOS Trading said: "<strong>This agreement with Eneco represents an important step in achieving our long-term sustainability goals.&nbsp;&nbsp; Combined with our previous deals this reflects a significant commitment across 3 different Belgium offshore wind parks and underpins our commitment to reducing our carbon footprint.</strong></p> <p><strong>"Developing sustainable power supplies together with our customers is a central pillar in our One Planet strategy to become a net zero company by 2035",</strong> said Kees-Jan Rameau, Chief Strategic Growth Officer and Board Member of Eneco. <strong>"INEOS also wants to contribute to a net zero economy and is therefore taking concrete actions to reduce their climate footprint. With our collaboration we can contribute to making INEOS operations run on renewable energy sources and at the same time accelerate the energy transition.&rdquo;</strong></p> <p><strong>ENDS. </strong></p> <p><u>Press Contacts</u></p> <table> <tbody> <tr> <td width="334"> <p><strong>INEOS</strong></p> </td> <td width="325"> <p><strong>ENECO</strong></p> </td> </tr> <tr> <td width="334"> <p>Richard Longden (INEOS Group)&nbsp; +41 (0) 7996 26123<br />Nathalie Meert (INEOS Belgium) +32 (0) 491 35 91 67</p> <p>Andrew McLachlan (Media Zoo)&nbsp; +44 (0) 7931 377162<br />Alex Williams (Media Zoo)&nbsp;&nbsp;&nbsp;+44 (0) 7793 207325</p> </td> <td width="325"> <p>&nbsp;</p> <p>Mark Van Hamme <a href="mailto:Mark.vanhamme@eneco.com">Mark.vanhamme@eneco.com</a><br />+32 (0) 473 468 499</p> <p><a href="mailto:Rianne.devoogt@eneco.com">Rianne.devoogt@eneco.com&nbsp;</a><br />+31 (0) 6&nbsp; 11 418016</p> <p>&nbsp;</p> </td> </tr> </tbody> </table> <p><u>Note To Editors</u></p> <p><strong>About INEOS&nbsp;</strong><a href="http://www.ineos.com/link/4306fb7900434708bb852daf43716919.aspx">http://www.ineos.com/</a>&nbsp; INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. In 20 years, the Company has grown into a global player: its production network spans 194 sites in 26 countries throughout the world employing more than 26,000 people. From Zwijndrecht, where INEOS started its first activities in 1998, INEOS expanded its position in Belgium with 9 production sites and R&amp;D centres in Antwerp, Jemeppe and Neder-Over-Heembeek. Today, INEOS has 2,500 employees in the region. <br /><br /><strong>About ENECO&nbsp;</strong><a href="http://www.eneco.com/">http://www.eneco.com/</a> Eneco consists of a group of companies active internationally The Netherlands, Belgium, UK and Germany) in the field of renewable energy and innovation. Together with our customers, partners and almost 2,800 employees, we work on our mission: sustainable energy for all. We invest in wind farms, biomass plants, heat and solar parks to increase the supply of renewable energy. And we develop innovative products and services so that our customers can control how to generate, store, use or share energy.&nbsp;<a href="http://urldefense.com/v3/__http:/eur03.safelinks.protection.outlook.com/?url=http*3A*2F*2Furldefense.com*2Fv3*2F__http*3A*2Fwww.eneco.com__*3B!!KtHZpw!SFXeeYREh3FWBu-GZSCjiOju-_svHLzQvzu_hE0sslwaA3rhpmkB4ExiXVau14aFHw*24&amp;data=04*7C01*7CMark.vanHamme*40eneco.com*7Ca83628ed17af4c11e7f308d9d50816ce*7Ceca3605449a94731a42f8400670fc022*7C0*7C0*7C637775053000580044*7CUnknown*7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0*3D*7C3000&amp;sdata=9fMWezoZPqe8Ll6rQp2AfeuPF*2FBvcptMLeKFYgJ3v6k*3D&amp;reserved=0__;JSUlJSUlJSUlJSUlJSUlJSUlJSUlJSU!!KtHZpw!VIs9uVTQjGmDtB20a65OXIplWeOa7g1jFUviLQ9ajVwFazC76_E4u0hQmtFmIxLYhls$">www.eneco.com</a></p> <p><strong>About SeaMade</strong> <a href="http://www.eneco.com/what-we-do/sustainable-sources/seamade-wind-farm/">http://www.eneco.com/what-we-do/sustainable-sources/seamade-wind-farm/</a> SeaMade is a combination of two offshore wind projects, formerly known as Mermaid (235 MW) and Seastar (252 MW). The SeaMade projects are located 40-50 km off the coast of Ostend (Belgium). Eneco Wind Belgium has a 12.5% stake in the project. Other shareholders are ENGIE Electrabel (17.5%) and Otary RS NV, in which several parties are united (70%).</p>Wed, 12 Jan 2022 08:12:35 Zhttp://www.ineos.com/contentassets/9532ccd6e59a4d1a856e63c2b6426854/otary-seamade-kloet-019dd03092021.jpg?width=600http://www.ineos.com/sites/belgium/news-index/ineos-signs-renewable-power-deal-with-eneco/INEOS signs renewable power deal with Eneco<p>INEOS has agreed a long-term Power Purchase Agreement for renewable offshore wind power in Belgium with sustainable energy producer Eneco. &nbsp;Under the terms of the ten-year deal, which begins in 2022, INEOS will purchase 65,5-Megawatt (250 GWh per annum) of off-shore wind power from Eneco, produced at the SeaMade offshore wind park in the Belgian North Sea. &nbsp;</p> <p>This significant deal will take ca. 13.5% of SeaMade&rsquo;s renewable electricity. It will reduce the carbon footprint of INEOS by a further 940,000 tonnes of CO2 over the length of the contract, which is the equivalent of taking 70,000 cars off the road each year. &nbsp;</p> <p>The renewable electricity from this agreement will be used to support INEOS Olefins and Polymers, INOVYN and Styrolution businesses, allowing the latter to switch its German assets to green power from January 2022 onwards.</p> <p>This is the third renewable power deal agreed by INEOS as part of our road map to reduce greenhouse gas emissions from across its operations, as the company continues to supply essential products that people increasingly need across medical, food, transport and construction.</p> <p>Combined with previously announced deals, the agreement with Eneco increases the INEOS commitment to Belgian offshore renewable wind to 205 MW (~750 GWh per annum). Together this reduces the carbon footprint of its operations by nearly 3 million tons of CO2 over the life of the contracts; the equivalent of taking more than 230,000 cars off the road, in total, each year. &nbsp;</p> <p>David Thompson, CEO INEOS Trading said: "This agreement with Eneco represents an important step in achieving our long-term sustainability goals. &nbsp; Combined with our previous deals this reflects a significant commitment across 3 different Belgium offshore wind parks and underpins our commitment to reducing our carbon footprint.<br />Developing sustainable power supplies together with our customers is a central pillar in our One Planet strategy to become a net zero company by 2035", said Kees-Jan Rameau, Chief Strategic Growth Officer and Board Member of Eneco. "INEOS also wants to contribute to a net zero economy and is therefore taking concrete actions to reduce their climate footprint. With our collaboration we can contribute to making INEOS operations run on renewable energy sources and at the same time accelerate the energy transition.&rdquo;</p> Tue, 11 Jan 2022 17:57:31 Zhttp://www.ineos.com/globalassets/ineos-group/sites/ineos-belgium/belgium/otary-seamade-kloet-019dd03092021.jpg?width=600http://www.ineos.com/news/shared-news/ineos-and-nextloopp-work-together-to-recycle-polypropylene/INEOS and NEXTLOOPP Work Together To Recycle Polypropylene<ul> <li><strong>INEOS Olefins and Polymers Europe joins the award-winning NEXTLOOPP project to </strong><strong>deliver new grades of Polypropylene (PP) incorporating recycled content that will be food-grade certified</strong><strong>&nbsp;</strong></li> </ul> <ul> <li><strong>INEOS O&amp;P Europe will bring its deep product and technical know-how and expertise to the Project Partners to &lsquo;tailor&rsquo; new grades to exacting food standard specifications which will meet customer&rsquo;s requirements.</strong></li> </ul> <ul> <li><strong>&ldquo;The absence of food-grade recycled polypropylene means that all PP food packaging is currently made from virgin plastics. This is a large, global problem and it is something that INEOS and its partners are determined to change.&rdquo;</strong></li> </ul> <hr /> <p>INEOS Olefins &amp; Polymers have today announced it has joined the NEXTLOOPP project, an exciting UK collaboration to create circular food-grade recycled polypropylene from Post-Consumer Recycled (PCR) packaging.</p> <p>INEOS will be at the centre of an important two-year project that will inform the building of a demonstration plant in the UK to produce 10,000 tonnes per year of food-grade recycled polypropylene.</p> <p>From its manufacturing base in Grangemouth, Scotland, and extensive product and technical expertise across its European operations, INEOS will help tailor food-grade recycled polypropylene to the precise specification of converters by blending it with virgin polypropylene to modify its mechanical and processing properties. It will also introduce processing aids to help converters to meet the exacting requirements of Brand Owners.</p> <p>The project aims to validate the food-grade recycled polypropylene manufacturing process and its commercial viability, with the aim of receiving acceptance from the UK&rsquo;s Food Standard Agency (FSA) and European equivalent (EFSA).</p> <p><img src="http://www.ineos.com/link/bb2f192a877e47928ba68cc1050b97bc.aspx" alt="PP drinking cups.png" width="350" height="279" /> <img src="http://www.ineos.com/link/db1d31186d8a4d119b97d95bc6b21dd4.aspx" alt="PP food trays.png" width="350" height="280" /></p> <p>Graham MacLennan, Polymer Business Manager INEOS O&amp;P UK, said, &ldquo;<em>Polypropylene is one of the most versatile plastics in the world &ndash; it is also missing from our recycling streams in food contact applications. In the UK alone we use over 210,000 tonnes of PP in our food packaging every year. It is found in pots, tubs and trays. However, the absence of food-grade recycled polypropylene means that all PP food packaging is currently made from virgin plastics. This isn&rsquo;t unique to the UK but a large global issue that INEOS and its partners are determined to change</em>.&rdquo;</p> <p>This partnership signals INEOS&rsquo; clear commitment to using more recycled plastic as a raw material. INEOS remains committed to Sustainability, to achieving Net Zero in its operations whilst making products that enable others in the supply chain to also lower their carbon footprints.</p> <p>Professor Edward Kosior, founder and CEO of Nextek Ltd and NEXTLOOPP says, &ldquo;<em>We are delighted to welcome the participation of INEOS in helping recycle PP food packaging. INEOS&rsquo; commitment to reducing the world&rsquo;s reliance on virgin plastics and closing the loop on such a prolific polymer as food-grade PP will help create a more circular economy, reduce CO<sub>2 </sub>emissions and create new materials for brand owners&rdquo;</em></p> <p>&ldquo;<em>NEXTLOOPP looks forward to achieving the goal of creating a long term solution for PP packaging, enabling all stakeholders to confidently participate in recycling and contributing to a better outcome for all</em>.&rdquo;</p> <p><strong>Ends</strong></p> <p><u>Media Contacts:</u></p> <p>David East (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0044 1324 476948 or 0044 7768301709<br />Richard Longden (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0041 21 627 7063 or 0041 7996 26123</p> <p>Notes to Editors</p> <p><strong>INEOS Olefins &amp; Polymers (UK) Europe </strong>operates the petrochemical plants at Grangemouth. The raw materials used by this business present an outlet for North Sea gases, delivered via the co-located Forties Pipeline System. Its finished products of ethylene, propylene, polyethylene, polypropylene and ethanol are used as the building blocks in a multitude of sectors, in the manufacture of everyday household essentials - being transformed into bottles, cabling and insulation, food packaging as well as being extensively used in the pharmaceutical industry.</p> <p><a href="http://www.ineos.com/link/b8bd615acc3341fb81f90c2c4c0071af.aspx">INEOS Olefins &amp; Polymers Europe</a> |&nbsp;<a href="http://www.ineos.com/link/336610d4508d41fcb108e9bb1bdf7d06.aspx">Grangemouth</a></p> <p>NEXTLOOPP is made up of organisations from the PP supply chain, including, well known global brands, packaging converters, material suppliers, waste recyclers, legislators and academia, who are working to close the loop on FGrPP</p> <p><a href="http://www.nextloopp.com/">NEXTLOOPP | The goal is to establish a circular economy in the production of post consumer food-grade rPP</a></p> <p>To comply with UK Plastic Pact targets the &lsquo;hybrid resin&rsquo; must contain at least 30% PCR (FGrPP).</p>Tue, 11 Jan 2022 09:00:00 Zhttp://www.ineos.com/globalassets/ineos-group/grangemouth/sustainability/stories/polymer-plants-june-2021-26.jpg?width=600http://www.ineos.com/sites/grangemouth/news/ineos-and-nextloopp-work-together-to-recycle-polypropylene/INEOS and NEXTLOOPP Work Together To Recycle Polypropylene<ul> <li><strong>INEOS Olefins and Polymers Europe joins the award-winning NEXTLOOPP project to </strong><strong>deliver new grades of Polypropylene (PP) incorporating recycled content that will be food-grade certified</strong><strong>&nbsp;</strong></li> </ul> <ul> <li><strong>INEOS O&amp;P Europe will bring its deep product and technical know-how and expertise to the Project Partners to &lsquo;tailor&rsquo; new grades to exacting food standard specifications which will meet customer&rsquo;s requirements.</strong></li> </ul> <ul> <li><strong>&ldquo;The absence of food-grade recycled polypropylene means that all PP food packaging is currently made from virgin plastics. This is a large, global problem and it is something that INEOS and its partners are determined to change.&rdquo;</strong></li> </ul> <hr /> <p>INEOS Olefins &amp; Polymers have today announced it has joined the NEXTLOOPP project, an exciting UK collaboration to create circular food-grade recycled polypropylene from Post-Consumer Recycled (PCR) packaging.</p> <p>INEOS will be at the centre of an important two-year project that will inform the building of a demonstration plant in the UK to produce 10,000 tonnes per year of food-grade recycled polypropylene.</p> <p>From its manufacturing base in Grangemouth, Scotland, and extensive product and technical expertise across its European operations, INEOS will help tailor food-grade recycled polypropylene to the precise specification of converters by blending it with virgin polypropylene to modify its mechanical and processing properties. It will also introduce processing aids to help converters to meet the exacting requirements of Brand Owners.</p> <p>The project aims to validate the food-grade recycled polypropylene manufacturing process and its commercial viability, with the aim of receiving acceptance from the UK&rsquo;s Food Standard Agency (FSA) and European equivalent (EFSA).</p> <p><img src="http://www.ineos.com/link/bb2f192a877e47928ba68cc1050b97bc.aspx" alt="PP drinking cups.png" width="350" height="279" /> <img src="http://www.ineos.com/link/db1d31186d8a4d119b97d95bc6b21dd4.aspx" alt="PP food trays.png" width="350" height="280" /></p> <p>Graham MacLennan, Polymer Business Manager INEOS O&amp;P UK, said, &ldquo;<em>Polypropylene is one of the most versatile plastics in the world &ndash; it is also missing from our recycling streams in food contact applications. In the UK alone we use over 210,000 tonnes of PP in our food packaging every year. It is found in pots, tubs and trays. However, the absence of food-grade recycled polypropylene means that all PP food packaging is currently made from virgin plastics. This isn&rsquo;t unique to the UK but a large global issue that INEOS and its partners are determined to change</em>.&rdquo;</p> <p>This partnership signals INEOS&rsquo; clear commitment to using more recycled plastic as a raw material. INEOS remains committed to Sustainability, to achieving Net Zero in its operations whilst making products that enable others in the supply chain to also lower their carbon footprints.</p> <p>Professor Edward Kosior, founder and CEO of Nextek Ltd and NEXTLOOPP says, &ldquo;<em>We are delighted to welcome the participation of INEOS in helping recycle PP food packaging. INEOS&rsquo; commitment to reducing the world&rsquo;s reliance on virgin plastics and closing the loop on such a prolific polymer as food-grade PP will help create a more circular economy, reduce CO<sub>2 </sub>emissions and create new materials for brand owners&rdquo;</em></p> <p>&ldquo;<em>NEXTLOOPP looks forward to achieving the goal of creating a long term solution for PP packaging, enabling all stakeholders to confidently participate in recycling and contributing to a better outcome for all</em>.&rdquo;</p> <p><strong>Ends</strong></p> <p><u>Media Contacts:</u></p> <p>David East (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0044 1324 476948 or 0044 7768301709<br />Richard Longden (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0041 21 627 7063 or 0041 7996 26123</p> <p>Notes to Editors</p> <p><strong>INEOS Olefins &amp; Polymers (UK) Europe </strong>operates the petrochemical plants at Grangemouth. The raw materials used by this business present an outlet for North Sea gases, delivered via the co-located Forties Pipeline System. Its finished products of ethylene, propylene, polyethylene, polypropylene and ethanol are used as the building blocks in a multitude of sectors, in the manufacture of everyday household essentials - being transformed into bottles, cabling and insulation, food packaging as well as being extensively used in the pharmaceutical industry.</p> <p><a href="http://www.ineos.com/link/b8bd615acc3341fb81f90c2c4c0071af.aspx">INEOS Olefins &amp; Polymers Europe</a> |&nbsp;<a href="http://www.ineos.com/link/336610d4508d41fcb108e9bb1bdf7d06.aspx">Grangemouth</a></p> <p>NEXTLOOPP is made up of organisations from the PP supply chain, including, well known global brands, packaging converters, material suppliers, waste recyclers, legislators and academia, who are working to close the loop on FGrPP</p> <p><a href="http://www.nextloopp.com/">NEXTLOOPP | The goal is to establish a circular economy in the production of post consumer food-grade rPP</a></p> <p>To comply with UK Plastic Pact targets the &lsquo;hybrid resin&rsquo; must contain at least 30% PCR (FGrPP).</p>Tue, 11 Jan 2022 09:00:00 Zhttp://www.ineos.com/globalassets/ineos-group/grangemouth/sustainability/stories/polymer-plants-june-2021-26.jpg?width=600http://www.ineos.com/businesses/ineos-electrochemical-solutions/news/new-electrolyser-manufacturing-facilities/INEOS Electrochemical Solutions welcome new state-of-the-art manufacturing facilities in the UK<p>INEOS Electrochemical Solutions have welcomed a significant milestone in their long term growth partnership with leading sheet metal manufacturer, <a href="http://www.alphamanufacturing.co.uk/" target="_blank" rel="noopener">Alpha Manufacturing</a>, who have taken ownership of their new factory, just 6 months after breaking ground in June 2021.</p> <p><img style="display: block; margin-left: auto; margin-right: auto;" src="http://www.ineos.com/link/8c0b550db9a34abe8aef60f19f937add.aspx" alt="INEOS - Alpha Manufacturing UK" width="464" height="254" /></p> <p>The dedicated new facility, to be fully operational in 2022, is designed and built to facilitate the manufacture of components for INEOS Electrochemical Solutions world-leading energy efficient product lines.&nbsp; Operating as Alpha Manufacturing Chemical Technologies, the brand new 35,000 sq. ft state-of-the-art production facility at Beacon Park, Stafford, UK, will see the significant ramping up of its precision engineering capability and capacity.</p> <p>The new site will create up to 50 jobs, which includes roles for Apprentices and Higher Apprentices, and is part of Alpha Manufacturing&rsquo;s wider strategic plans which includes the creation of 100 new Staffordshire-based jobs over the next five years.&nbsp;</p> <p>For Alpha, Group CEO Martin Smith said: &ldquo;This is a significant milestone in the history of our business, sparking the start of a new era for our growing company forging a long term, strategic relationship with INEOS Electrochemical Solutions. Although this has been a project long in the planning, since the ground was broken on our new site it&rsquo;s been full steam ahead, and we are all so pleased to be able to start seeing the factory come to life.</p> <p>About the development milestone, Terry Healy, Business Unit Manager, INEOS Electrochemical Solutions said: &ldquo;It is fantastic to see our collaborative project progressing so rapidly and we are all eagerly looking forward to the next phase of our journey, which will see world-class production begin at Beacon Park.&nbsp; It&rsquo;s a superb location, matched by the expertise of the team at Alpha Manufacturing &ndash; the partnership has a bright future".</p>Tue, 11 Jan 2022 08:49:20 Zhttp://www.ineos.com/contentassets/463129e7a00845899d82df87f082a508/ineos-alpha-manufacturing-uk.jpg?width=600http://www.ineos.com/news/shared-news/wl-plastics-completes-acquisition-of-charter-plastics-titusville-pennsylvania-site/WL Plastics Completes Acquisition of Charter Plastics’ Titusville, Pennsylvania Site<p>WL Plastics Corporation has announced it has completed the acquisition of the polyethylene pipe extrusion assets of Charter Plastics, Inc. located in Titusville, Pennsylvania.</p> <p>This strategic acquisition provides the opportunity for WL Plastics to further diversify its product offerings, expand its customer base, and enter new regional markets.</p> <p>The Titusville site and associated assets have the capability of producing a broad range of polyethylene pipe for numerous end-uses including potable water, reclaimed water, sewer, geothermal, gas, irrigation, and industrial applications.</p> <p>&ldquo;We are delighted to bring such an established and well-positioned asset kit into the broader manufacturing base of WL Plastics,&rdquo; said Mark Wason, CEO of WL Plastics. &ldquo;We are excited to be a part of the Titusville community.&rdquo;</p> <p>WL Plastics is a wholly owned subsidiary of INEOS USA LLC d/b/a INEOS Olefins &amp; Polymers USA, which is part of the INEOS Group, one of the world&rsquo;s leading manufacturers of petrochemicals, specialty chemicals, and oil products.</p> <p><strong>ENDS.</strong></p> <p><strong>Press Contacts:<br /><br /></strong>Mitch Clark<br />INEOS Olefins &amp; Polymers USA External Affairs<br />Direct: +1 281 535 6685<br />Mobile: +1 214 769 4547<br />Email: mitch.clark@ineos.com</p> <p>Richard Longden<br />INEOS Group Communications Manager<br />Direct: +41 21 627 7063<br />Mobile: +41 79 962 6123<br />Email: richard.longden@ineos.com</p>Tue, 04 Jan 2022 08:57:00 Zhttp://www.ineos.com/news/shared-news/sir-dave-brailsford-is-appointed-director-of-sport-at-ineos/Sir Dave Brailsford is appointed Director of Sport at INEOS<p>Sir Dave Brailsford said: &ldquo;For me there is no more exciting place to be in global sport right now than at INEOS given the extraordinary range of talents across the different teams. I am very pleased to have this new opportunity to work together with the other team leaders to look at how we can take advantage of these collective talents and develop a wider performance framework in partnership. It goes without saying I am really looking forward to learning more from each of them and their teams and looking at how to put their ideas into wider practice across the INEOS sport family.&nbsp;</p> <p>&ldquo;This culture and approach are at the heart of what makes INEOS such a successful business - a federal structure with clear responsibilities but a desire to cross pollinate new thinking and ideas across the Group. The aim now is to replicate this model across the sports at INEOS. Alongside this new role I will continue to lead INEOS Grenadiers with Rod Ellingworth as my deputy. We are already deep into the planning for 2022 and are committed to going all in for next season.&rdquo;</p> <p>As the sports organisation has grown, most recently with the addition of the Performance Partnership with the New Zealand All Blacks, we are now looking to develop a performance agenda across all sports. Brailsford will work with each of the teams to develop this agenda and the supporting framework that fosters cross team collaboration and shared learning. He will continue to lead the INEOS Grenadiers cycling team as Team Principal.&nbsp;</p> <p>The responsibility for execution and delivery in sports remains with each sports team CEO/Team Principal in cycling, sailing, football, rugby and Formula 1.</p>Fri, 17 Dec 2021 14:58:57 Zhttp://www.ineos.com/sites/belgium/news-index/province-of-antwerp-grants-ineos-olefins-belgium-permit-for-project-one/Province of Antwerp grants INEOS Olefins Belgium permit for Project ONE<p class="editor-v4-paragraph-element" data-slate-node="element" data-slate-type="paragraph" data-slate-value="{&quot;type&quot;:&quot;paragraph&quot;,&quot;children&quot;:[{&quot;text&quot;:&quot;Today the deputation of the Province of Antwerp granted the environmental permit to INEOS Olefins Belgium for the realisation of Project One. This is an important step towards the construction and operation of the most environmentally sustainable steam cracker in Europe.&quot;}]}"><span data-slate-node="text">Today the deputation of the Province of Antwerp granted the environmental permit to INEOS Olefins Belgium for the realisation of Project One. This is an important step towards the construction and operation of the most environmentally sustainable steam cracker in Europe.</span></p> <p class="editor-v4-paragraph-element" data-slate-node="element" data-slate-type="paragraph" data-slate-value="{&quot;type&quot;:&quot;paragraph&quot;,&quot;children&quot;:[{&quot;text&quot;:&quot;In developing this production site in Antwerp, INEOS Olefins Belgium will comply with the strictest environmental regulations in force here, contribute to the renewal of the chemical cluster in Flanders and set a new environmental standard in Europe. &quot;}]}" data-slate-fragment="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"><span data-slate-node="text">In developing this production site in Antwerp, INEOS Olefins Belgium will comply with the strictest environmental regulations in force here, contribute to the renewal of the chemical cluster in Flanders and set a new environmental standard in Europe.</span></p> <p class="editor-v4-paragraph-element" data-slate-node="element" data-slate-type="paragraph" data-slate-value="{&quot;type&quot;:&quot;paragraph&quot;,&quot;children&quot;:[{&quot;text&quot;:&quot;In developing this production site in Antwerp, INEOS Olefins Belgium will comply with the strictest environmental regulations in force here, contribute to the renewal of the chemical cluster in Flanders and set a new environmental standard in Europe. &quot;}]}" data-slate-fragment="JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMlRvZGF5JTIwdGhlJTIwZGVwdXRhdGlvbiUyMG9mJTIwdGhlJTIwUHJvdmluY2UlMjBvZiUyMEFudHdlcnAlMjBncmFudGVkJTIwdGhlJTIwZW52aXJvbm1lbnRhbCUyMHBlcm1pdCUyMHRvJTIwSU5FT1MlMjBPbGVmaW5zJTIwQmVsZ2l1bSUyMGZvciUyMHRoZSUyMHJlYWxpc2F0aW9uJTIwb2YlMjBQcm9qZWN0JTIwT25lLiUyMFRoaXMlMjBpcyUyMGFuJTIwaW1wb3J0YW50JTIwc3RlcCUyMHRvd2FyZHMlMjB0aGUlMjBjb25zdHJ1Y3Rpb24lMjBhbmQlMjBvcGVyYXRpb24lMjBvZiUyMHRoZSUyMG1vc3QlMjBlbnZpcm9ubWVudGFsbHklMjBzdXN0YWluYWJsZSUyMHN0ZWFtJTIwY3JhY2tlciUyMGluJTIwRXVyb3BlLiUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJwYXJhZ3JhcGglMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJJbiUyMGRldmVsb3BpbmclMjB0aGlzJTIwcHJvZHVjdGlvbiUyMHNpdGUlMjBpbiUyMEFudHdlcnAlMkMlMjBJTkVPUyUyME9sZWZpbnMlMjBCZWxnaXVtJTIwd2lsbCUyMGNvbXBseSUyMHdpdGglMjB0aGUlMjBzdHJpY3Rlc3QlMjBlbnZpcm9ubWVudGFsJTIwcmVndWxhdGlvbnMlMjBpbiUyMGZvcmNlJTIwaGVyZSUyQyUyMGNvbnRyaWJ1dGUlMjB0byUyMHRoZSUyMHJlbmV3YWwlMjBvZiUyMHRoZSUyMGNoZW1pY2FsJTIwY2x1c3RlciUyMGluJTIwRmxhbmRlcnMlMjBhbmQlMjBzZXQlMjBhJTIwbmV3JTIwZW52aXJvbm1lbnRhbCUyMHN0YW5kYXJkJTIwaW4lMjBFdXJvcGUuJTIwJTIyJTdEJTVEJTdEJTVE"><a href="http://ineos-belgium.prezly.com/province-of-antwerp-grants-ineos-olefins-belgium-permit-for-project-one" target="_blank" rel="noopener"><span data-slate-node="text">Read the full press release</span></a></p> <p class="editor-v4-paragraph-element" data-slate-node="element" data-slate-type="paragraph" data-slate-value="{&quot;type&quot;:&quot;paragraph&quot;,&quot;children&quot;:[{&quot;text&quot;:&quot;In developing this production site in Antwerp, INEOS Olefins Belgium will comply with the strictest environmental regulations in force here, contribute to the renewal of the chemical cluster in Flanders and set a new environmental standard in Europe. &quot;}]}" data-slate-fragment="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"><img src="http://www.ineos.com/link/762c6a1fbdf74a2fa7d0e8ee7d35fbd1.aspx" alt="projectone-gamechanger-EN.jpeg" width="490" height="147" /></p>Fri, 17 Dec 2021 10:04:52 Zhttp://www.ineos.com/globalassets/ineos-group/sites/ineos-belgium/belgium/projectone-gamechanger.jpeg?width=600http://www.ineos.com/news/ineos-group/province-of-antwerp-grants-ineos-olefins-belgium-permit-for-project-one/Antwerp grants INEOS Olefins Belgium permit for Project ONE<blockquote> <div dir="ltr"> <blockquote> <div dir="ltr"> <div data-ogsc="rgb(23, 78, 134)" data-ogsb="rgb(255, 255, 255)"> <div data-ogsc="rgb(23, 78, 134)" data-ogsb="rgb(255, 255, 255)"> <div> <ul> <li>Green light has been given for the construction of an ethane cracker with the lowest carbon footprint in Europe<hr /></li> </ul> </div> <div>The Province of Antwerp has today granted an environmental permit to INEOS Olefins Belgium for Project One. This is an important step towards the construction and operation of the most environmentally sustainable cracker in Europe.</div> <div>&nbsp;</div> <div>In developing this production site in Antwerp, INEOS will comply with some of the strictest environmental regulations in the world, whilst contributing to the renewal of the chemical cluster in Flanders and setting a new environmental standard in Europe.</div> <div>&nbsp;</div> <div>John McNally, CEO INEOS Project ONE stated:</div> <div>&nbsp;</div> <div>"We have submitted a solid and comprehensive permit request and are very pleased that these efforts have been honoured with a favourable decision. The urgency of tackling the climate problem is now clear to everyone. With Project ONE, we do not want to stand on the sidelines as an industrial player, but want to make a fundamental difference as of today. By consistently opting for the best available techniques in our design, we are setting a new environmental standard within our industry. Our ethane cracker will have the lowest carbon footprint in Europe: three times lower than the average European steam cracker and less than half of that of the 10% best performers in Europe."</div> <div>&nbsp;</div> <div><strong>Renewal in Europe</strong></div> <div>&nbsp;</div> <div>Project ONE will be the largest investment in the European chemical sector in a generation. It will be a game changer bringing new opportunities to the chemical cluster in Antwerp. Through technological renewal the company aims to strengthen the resilience of the European chemical sector in a global economy.&nbsp;</div> <div>&nbsp;</div> <div>Over the past twenty years, investments of this magnitude (over 3 billion euros) have gone primarily to regions such as China, the United States and the Middle East. INEOS wants to break this trend and has opted for Antwerp, the region with which it has developed a special relationship since the Group's very first activities were launched in the Port of Antwerp. The investment in the new plant will create 450 direct jobs and thousands of indirect jobs.</div> <div>&nbsp;</div> <div>When the Project ONE cracker comes on-stream, it will raise the benchmark for low carbon emissions within the European Trading Scheme (ETS) against which other European crackers will be judged. It will substantially tighten the standard for other European steam crackers.</div> <div>&nbsp;</div> <div><strong>ENDS</strong>.</div> <div>&nbsp;</div> <div>&nbsp;</div> <div><span style="text-decoration: underline;">Note to Editors:</span></div> </div> <div data-ogsc="rgb(23, 78, 134)" data-ogsb="rgb(255, 255, 255)"><strong><br />From the start closest to net zero</strong></div> </div> </div> </blockquote> </div> </blockquote> <p>Project ONE will make a fundamental difference from start up, by making maximum use of the very best of today's technology. This translates into the lowest carbon footprint of all crackers in Europe. As a result, the plant is well ahead in achieving a further reduction of emissions towards net zero as new technologies become viable.</p> <p>The plant design includes the necessary flexibility to integrate other technologies as soon as they become mature, such as carbon capture and storage and increasing the use of hydrogen as a fuel once this becomes available. Electrification of the cracking furnaces will also be considered when the technology is sufficiently advanced.</p> <p>Project One aims to become climate-neutral within 10 years of the cracker's start-up, using one of the above technologies. The target year for operation is 2026 as construction will take approximately 4 years.</p> <p>---</p> <p><strong>About Project ONE</strong></p> <p>Project ONE is an investment by INEOS in the Antwerp chemical sector for the construction of an ethane cracker. The multi-billion euro investment is the largest in European chemistry in more than 20 years. The advanced plant will produce ethylene, one of the most widely used base chemicals worldwide and an essential building block for a wide range of products, including medical applications, textiles, computer and smartphone casings, household appliances, food packaging and cosmetics. Ethylene is also used in lightweight parts for cars and wind turbines, insulation materials for the construction industry and pipes for transporting drinking water.</p> <p>Project ONE will set the standard for the chemical industry in Europe by employing the best available techniques. In particular, it will break new ground in terms of energy efficiency and will have a carbon footprint that is less than half of the top 10% steam crackers in Europe.</p> <p>The target year for operation is 2026 as construction will take approximately 4 years. The investment will create 450 direct jobs and thousands of indirect jobs. More information on : http://project-one.ineos.com</p>Fri, 17 Dec 2021 09:07:00 Zhttp://www.ineos.com/contentassets/88f6fd7ddf11469ea8a2f9291623da2b/ineos27042020-low-res.jpg?width=600http://www.ineos.com/news/ineos-group/ineos-and-petroineos-at-grangemouth-partner-with-plastic-energy-in-an-important-breakthrough-in-the-recycling-of-plastic/INEOS and Petroineos at Grangemouth partner with Plastic Energy in an important breakthrough in the recycling of plastic.<ul> <li><strong>The process will use existing refinery operations replacing oil with TACOIL made from waste flexible food packaging to remake virgin plastic for reuse in food and hygiene applications. <br /></strong></li> <li><strong>This trial and the evolution of the policy environment in the UK will inform the development of a large-scale advanced recycling plant, which aims to be the first of its kind in the UK.&nbsp;</strong></li> </ul> <hr /> <p><strong>INEOS Olefins &amp; Polymers Europe</strong> and <strong>Plastic Energy</strong> have today announced that they are working together on a trial to convert &lsquo;hard to recycle plastic material&rsquo;, such as flexible packaging, back into &lsquo;food-grade&rsquo; quality plastic for use in food packaging, and other high hygiene standard applications.</p> <p>The companies have come together to launch a preliminary trial in Q1-2022 at the INEOS Grangemouth facility in Scotland. This preliminary trial and the evolution of the policy environment in the UK will inform the development of a large-scale advanced recycling <a href="#_ftn1" name="_ftnref1">[1]</a> plant, which aims to be the first of its kind in the UK.</p> <p>Advanced Recycling creates a closed-loop system for plastics management, helps reduce landfill, prevents plastic from ending up in the environment, and reduces the use of fossil derived raw materials. The circular re-use of &lsquo;end of life&rsquo; plastic is a further step to reduce total emissions.</p> <p>INEOS Olefins &amp; Polymers Europe and Plastic Energy have a shared goal to create a world class circular economy value chain in advanced recycling, driving circularity to create the next generation of food-grade recycled content packaging.</p> <p><strong>Plastic Energy</strong> uses its advanced recycling process to convert post-consumer plastic, otherwise destined for landfill or incineration, through a pyrolysis process, into a liquid raw material (called TACOIL) for re-use in the next generation of plastic production. TACOIL is used as a replacement for fossil derived materials, to make food-grade and/or medical grade plastics.</p> <p>The trial will take place in partnership with <strong>Petroineos</strong> at Grangemouth. It will use the existing refinery operations to process the TACOIL supplied by Plastic Energy<strong>,</strong> which already operate two recycling plants in Spain.</p> <p>Plastic Energy&rsquo;s technology allows for the improvement in circularity of highly demanding labelling, and packaging applications, such as chocolate bars, snacks and biscuits, pet and dry food. The new project is complementary to the existing use of mechanically recycled plastic in INEOS Recycl-IN range of products.</p> <p>Petroineos will supply the recycled raw material to <strong>INEOS Olefins &amp; Polymers Europe</strong> to be transformed into Certified Circular plastic with the identical properties expected of conventional plastics made from oil and gas.&nbsp;</p> <p>The partners recognise the need for collaboration to make such innovations sustainable at scale &ndash; in the spirit of &ldquo;SDG#17 Partnerships for the Goals&rdquo;, each partner contributes complementary skills and expertise that together create the circular value chain.</p> <p><strong>Carlos Monreal, Founder and CEO of Plastic Energy stated </strong>&ldquo;We are pleased to announce this trial in Scotland, which exemplifies a strong partnership between companies working together to take big strides to reduce plastic waste in the UK. Working with INEOS, we are pleased to see our advanced recycling technology being used as a core component to improve the circularity of packaging.&rdquo;</p> <p><strong><br />Peter Grant, Business Director at INEOS Olefins &amp; Polymers (UK) Europe added</strong> &ldquo;INEOS is delighted to be working with Plastic Energy at Grangemouth (as well as our colleagues in Petroineos) to lead the way on this important reprocessing route. Turning end of life plastic into new food-grade quality packaging products makes environmental and commercial sense. This innovative trial is a further positive step towards eliminating waste and makes circular economy solutions possible. Advanced recycling adds to the existing initiatives within our product portfolio to make greater use of post-consumer material, while ensuring that sustainable solutions meet all safety, quality and performance in-use standards.&rdquo;</p> <p>Today&rsquo;s announcement is a milestone on our journey to implementing this technology at scale. There are many important steps ahead and ultimately, we are all dependent on good waste recovery and recycling systems. The objective is to ensure plastic is recovered for recycling and reuse, giving valuable natural resources a second life, increasing recycling rates, finding solutions for post consumer waste, and therefore driving a circular economy.</p> <p><strong>ENDS</strong>.</p> <p><u>Media Contacts:</u></p> <p>David East (INEOS) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0044 1324 476948 or 0044 7768301709<br />Richard Longden (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0041 21 627 7063 or 0041 7996 26123<br />Susan Fitzsimons (Plastic Energy)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0044 7557 969 966 or press@plasticenergy.com</p> <p><strong>Notes</strong>:</p> <p><strong>Petroineos</strong> operates the Grangemouth Refinery and is a&nbsp;Joint Venture formed between INEOS and PetroChina in 2011. As Scotland&rsquo;s only crude oil refinery, Petroineos is the primary supplier of aviation fuel for Scotland&rsquo;s main airports and&nbsp;the&nbsp;major supplier of petrol and diesel across Scotland&rsquo;s Central Belt, as well as in Northern Ireland and Northern England.</p> <p><strong>INEOS Olefins &amp; Polymers (UK) Europe </strong>operates the petrochemical plants at Grangemouth. The raw materials used by this business present an outlet for North Sea gases, delivered via the co-located Forties Pipeline System. Its finished products of ethylene, propylene, polyethylene, polypropylene and ethanol are used as the building blocks in a multitude of sectors, in the manufacture of everyday household essentials - being transformed into bottles, cabling and insulation, food packaging as well as being extensively used in the pharmaceutical industry.</p> <p><strong>Plastic Energy</strong> is a global leader in chemical recycling, offering a sustainable solution to help prevent plastic waste, transforming previously unrecyclable plastic waste into a valuable resource. Our patented and proven chemical recycling technology converts end-of-life plastic waste into an optimal feedstock (TACOIL) for making virgin-quality recycled plastics. Plastic Energy currently has two chemical recycling plants that are in constant operation in Spain and is one of the few companies worldwide that has sold TACOIL from the conversion of end-of-life plastic waste to replace fossil oils in the manufacturing of new plastics. We are leading our field in the transition to a low-carbon circular economy for plastics.</p> <p><a title="http://www.plasticenergy.com/" href="http://www.plasticenergy.com/" target="_blank" rel="noopener">www.plasticenergy.com</a></p> <p><a href="#_ftnref1" name="_ftn1">[1]</a> Also known as chemical recycling.</p>Fri, 17 Dec 2021 08:38:00 Zhttp://www.ineos.com/globalassets/ineos-group/grangemouth/sustainability/stories/plastic-being-recycled-compressed.jpg?width=600http://www.ineos.com/sites/grangemouth/news/ineos-and-petroineos-at-grangemouth-partner-with-plastic-energy-in-an-important-breakthrough-in-the-recycling-of-plastic/INEOS and Petroineos at Grangemouth partner with Plastic Energy in an important breakthrough in the recycling of plastic.<ul> <li><strong>The process will use existing refinery operations replacing oil with TACOIL made from waste flexible food packaging to remake virgin plastic for reuse in food and hygiene applications. <br /></strong></li> <li><strong>This trial and the evolution of the policy environment in the UK will inform the development of a large-scale advanced recycling plant, which aims to be the first of its kind in the UK.&nbsp;</strong></li> </ul> <hr /> <p><strong>INEOS Olefins &amp; Polymers Europe</strong> and <strong>Plastic Energy</strong> have today announced that they are working together on a trial to convert &lsquo;hard to recycle plastic material&rsquo;, such as flexible packaging, back into &lsquo;food-grade&rsquo; quality plastic for use in food packaging, and other high hygiene standard applications.</p> <p>The companies have come together to launch a preliminary trial in Q1-2022 at the INEOS Grangemouth facility in Scotland. This preliminary trial and the evolution of the policy environment in the UK will inform the development of a large-scale advanced recycling <a href="#_ftn1" name="_ftnref1">[1]</a> plant, which aims to be the first of its kind in the UK.</p> <p>Advanced Recycling creates a closed-loop system for plastics management, helps reduce landfill, prevents plastic from ending up in the environment, and reduces the use of fossil derived raw materials. The circular re-use of &lsquo;end of life&rsquo; plastic is a further step to reduce total emissions.</p> <p>INEOS Olefins &amp; Polymers Europe and Plastic Energy have a shared goal to create a world class circular economy value chain in advanced recycling, driving circularity to create the next generation of food-grade recycled content packaging.</p> <p><strong>Plastic Energy</strong> uses its advanced recycling process to convert post-consumer plastic, otherwise destined for landfill or incineration, through a pyrolysis process, into a liquid raw material (called TACOIL) for re-use in the next generation of plastic production. TACOIL is used as a replacement for fossil derived materials, to make food-grade and/or medical grade plastics.</p> <p>The trial will take place in partnership with <strong>Petroineos</strong> at Grangemouth. It will use the existing refinery operations to process the TACOIL supplied by Plastic Energy<strong>,</strong> which already operate two recycling plants in Spain.</p> <p>Plastic Energy&rsquo;s technology allows for the improvement in circularity of highly demanding labelling, and packaging applications, such as chocolate bars, snacks and biscuits, pet and dry food. The new project is complementary to the existing use of mechanically recycled plastic in INEOS Recycl-IN range of products.</p> <p>Petroineos will supply the recycled raw material to <strong>INEOS Olefins &amp; Polymers Europe</strong> to be transformed into Certified Circular plastic with the identical properties expected of conventional plastics made from oil and gas.&nbsp;</p> <p>The partners recognise the need for collaboration to make such innovations sustainable at scale &ndash; in the spirit of &ldquo;SDG#17 Partnerships for the Goals&rdquo;, each partner contributes complementary skills and expertise that together create the circular value chain.</p> <p><strong>Carlos Monreal, Founder and CEO of Plastic Energy stated </strong>&ldquo;We are pleased to announce this trial in Scotland, which exemplifies a strong partnership between companies working together to take big strides to reduce plastic waste in the UK. Working with INEOS, we are pleased to see our advanced recycling technology being used as a core component to improve the circularity of packaging.&rdquo;</p> <p><strong><br />Peter Grant, Business Director at INEOS Olefins &amp; Polymers (UK) Europe added</strong> &ldquo;INEOS is delighted to be working with Plastic Energy at Grangemouth (as well as our colleagues in Petroineos) to lead the way on this important reprocessing route. Turning end of life plastic into new food-grade quality packaging products makes environmental and commercial sense. This innovative trial is a further positive step towards eliminating waste and makes circular economy solutions possible. Advanced recycling adds to the existing initiatives within our product portfolio to make greater use of post-consumer material, while ensuring that sustainable solutions meet all safety, quality and performance in-use standards.&rdquo;</p> <p>Today&rsquo;s announcement is a milestone on our journey to implementing this technology at scale. There are many important steps ahead and ultimately, we are all dependent on good waste recovery and recycling systems. The objective is to ensure plastic is recovered for recycling and reuse, giving valuable natural resources a second life, increasing recycling rates, finding solutions for post consumer waste, and therefore driving a circular economy.</p> <p><strong>ENDS</strong>.</p> <p><u>Media Contacts:</u></p> <p>David East (INEOS) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0044 1324 476948 or 0044 7768301709<br />Richard Longden (INEOS)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 0041 21 627 7063 or 0041 7996 26123<br />Susan Fitzsimons (Plastic Energy)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0044 7557 969 966 or press@plasticenergy.com</p> <p><strong>Notes</strong>:</p> <p><strong>Petroineos</strong> operates the Grangemouth Refinery and is a&nbsp;Joint Venture formed between INEOS and PetroChina in 2011. As Scotland&rsquo;s only crude oil refinery, Petroineos is the primary supplier of aviation fuel for Scotland&rsquo;s main airports and&nbsp;the&nbsp;major supplier of petrol and diesel across Scotland&rsquo;s Central Belt, as well as in Northern Ireland and Northern England.</p> <p><strong>INEOS Olefins &amp; Polymers (UK) Europe </strong>operates the petrochemical plants at Grangemouth. The raw materials used by this business present an outlet for North Sea gases, delivered via the co-located Forties Pipeline System. Its finished products of ethylene, propylene, polyethylene, polypropylene and ethanol are used as the building blocks in a multitude of sectors, in the manufacture of everyday household essentials - being transformed into bottles, cabling and insulation, food packaging as well as being extensively used in the pharmaceutical industry.</p> <p><strong>Plastic Energy</strong> is a global leader in chemical recycling, offering a sustainable solution to help prevent plastic waste, transforming previously unrecyclable plastic waste into a valuable resource. Our patented and proven chemical recycling technology converts end-of-life plastic waste into an optimal feedstock (TACOIL) for making virgin-quality recycled plastics. Plastic Energy currently has two chemical recycling plants that are in constant operation in Spain and is one of the few companies worldwide that has sold TACOIL from the conversion of end-of-life plastic waste to replace fossil oils in the manufacturing of new plastics. We are leading our field in the transition to a low-carbon circular economy for plastics.</p> <p><a title="http://www.plasticenergy.com/" href="http://www.plasticenergy.com/" target="_blank" rel="noopener">www.plasticenergy.com</a></p> <p><a href="#_ftnref1" name="_ftn1">[1]</a> Also known as chemical recycling.</p>Fri, 17 Dec 2021 08:38:00 Zhttp://www.ineos.com/globalassets/ineos-group/grangemouth/sustainability/stories/plastic-being-recycled-compressed.jpg?width=600http://www.ineos.com/news/ineos-group/new-resistance-busting-antibiotic-combination-could-extend-the-use-of-last-resort-antibiotics/New resistance-busting antibiotic combination could extend the use of ‘last-resort’ antibiotics<p>Scientists have discovered a new potential treatment that has the ability to reverse antibiotic resistance in bacteria that cause conditions such as sepsis, pneumonia, and urinary tract infections.</p> <p>Carbapenems, such as meropenem, are a group of vital often &lsquo;last-resort&rsquo; antibiotics used to treat serious, multi-drug resistant infections when other antibiotics, such as penicillin, have failed. But some bacteria have found a way to survive treatment with carbapenems, by producing enzymes called metallo-beta-lactamases (MBLs) that break down the carbapenem antibiotics, stopping them from working.</p> <p>Highly collaborative research, conducted by scientists from the Ineos Oxford Institute (IOI) for Antimicrobial Research at the University of Oxford and several institutions across Europe, found that the new class of enzyme blockers, called indole carboxylates, can stop MBL resistance enzymes working leaving the antibiotic free to attack and kill bacteria such as&nbsp;<em>E. coli&nbsp;</em>in the lab and in infections in mice.</p> <p>The new research, published today (Monday) in&nbsp;<em>Nature Chemistry</em>, was funded by the Innovative Medicines Initiative (IMI) through the European Lead Factory (ELF) and the European Gram-Negative Antibacterial Engine (ENABLE) programmes.</p> <p>The researchers first screened hundreds of thousands of chemicals to see which would attach tightly to MBLs to stop them working, and which didn&rsquo;t react with any human proteins, leading to the discovery of the indole carboxylates as promising new candidates. Using a process called crystallography to zoom in to take a closer look at how they work, the researchers found these potential drugs attach to MBLs in a completely different way to any other drugs &ndash; they imitate the interaction of the antibiotic with the MBLs. This clever Trojan Horse trick allows these potential drugs to be highly effective against a very wide range of MBL-producing superbugs.</p> <p>After their initial discovery, the researchers chemically changed aspects of the drugs to make them as effective as possible, and tested them in combination with carbapenems against multi-drug resistant bacteria in both dishes in the lab and in mice. The potential new drugs in combination with carbapenems were found to be 5 times more potent at treating severe bacterial infections than carbapenems alone, and at a less concentrated dose. Importantly, these potential drugs show only mild side effects in mice.</p> <p>Carbapenems work in a similar way to penicillin and other related antibiotics called beta-lactams &ndash; they stop bacteria from forming new cell walls when they try to grow and multiply, which kills the bacteria. Carbapenems are more stable than other similar antibiotics, and many of the methods bacteria employ to resist antibiotics don&rsquo;t work on carbapenems.</p> <p>However, resistance arose to carbapenems through, for example, genes that code for MBLs, which can quickly pass from bacteria to bacteria. There is no licensed drug that targets MBLs, and only one in clinical trials &ndash; so there is an urgent need to find new drugs that overcome resistance, protect carbapenems and keep these precious medicines working for longer.</p> <p>The World Health Organisation (WHO) estimates that by 2050, 10 million deaths will be due annually to antimicrobial resistance, overtaking the number of cancer related deaths &ndash; making it one of the most pressing health problems faced by humanity today.</p> <p><strong>Professor Christopher Schofield, Academic Lead (Chemistry), Ineos Oxford Institute at the University of Oxford, said:</strong></p> <p>&ldquo;An increase in antimicrobial resistance is absolutely inevitable. It a massive problem because collectively we haven&rsquo;t been making enough new clinically useful antibiotics. As a society we must find ways both to make new antibiotics and protect the ones we have. The alternative is that routine modern medicine will be disrupted in a manner simply too horrendous to conceive.</p> <p>&ldquo;The collaborative efforts of academics and industry scientists have discovered a brand new class of drug that can shut down one of the ways bacteria fight back against antibiotics. This research is the culmination of years of work, from screening huge libraries of chemicals, through to testing the best drug candidates in pre-clinical studies in the lab. We are actively progressing this new drug type towards clinical trials in people, most importantly in lower and middle income countries where resistance to carbapenem antibiotics is widespread.&rdquo;</p> <p><strong>Professor Tim Walsh, Academic Lead (Biology), Ineos Oxford Institute at the University of Oxford, said:</strong></p> <p>&ldquo;Academia, given the space to create, can produce something amazing &ndash; and that&rsquo;s what we have seen here. With the fantastic support we have received from INEOS, we can replicate this type of drug discovery programme within the IOI for multiple different bacterial targets and applications.</p> <p>&ldquo;As well as drugs that overcome resistance to current antibiotics, in the IOI we wish to discover entirely new types of antibiotics &ndash; not only to fight bacteria that cause infections in humans, but in bacteria that affect farm animals. These animals, such as chickens and pigs, are a source of human antimicrobial resistance, so we&rsquo;re looking to develop drugs to use exclusively in agriculture and help protect against multidrug resistant infections.&rdquo;</p> <p><strong>- ENDS -</strong></p> <p><br />For all media enquiries, please contact Claire Hastings on&nbsp;<a href="mailto:claire.hastings@incisivehealth.com">claire.hastings@incisivehealth.com</a>&nbsp;or 07757 245 482.</p> <h5>Notes to Editors</h5> <p><br /><strong>About the Ineos Oxford Institute for Antimicrobial Research at the University of Oxford</strong></p> <p>The Ineos Oxford Institute for Antimicrobial Research (IOI) was established at the University of Oxford in January 2021 to advance research, education and collaboration in the search for solutions to one of the biggest public health challenges of our time. Our mission is to lead science that will enable the development new of antibiotics and provide the evidence to support transformational change in how we address antimicrobial resistance. We are collaborating with world class academic talent across the University of Oxford, the UK and globally, with a primary research focus on antibiotic resistance in bacteria.</p> <p>The IOI&rsquo;s work encompasses several interconnected programmes:</p> <ul> <li><strong>Development of animal-specific antibiotics</strong>. Most antibiotics used to treat bacterial infections in humans are also used in animals, which is a major contributory factor to the growth of antimicrobial resistance. We are designing novel screening programs and new candidate compounds to discover viable alternative antibiotics that can be used solely in agriculture and aquaculture, and produce zero cross-resistance to human antibiotics. Achieving this will provide a platform for global discussion and policy change, with a view to withdraw all human antibiotics from animal use and ensure we preserve the efficacy of human medicines for future generations.</li> <li><strong>New treatments for human bacterial infections.</strong>&nbsp;We are promoting the development of breakthroughs in antibacterial drug discovery through the application of state-of-the-art medicinal chemistry.</li> <li><strong>&lsquo;One Health&rsquo; &ndash; looking at the global picture of AMR.</strong>&nbsp;We are undertaking international, collaborative studies with global surveillance and assessment programmes to understand the impact of antibiotic resistance on low-middle income country health and agricultural structures. We aim to develop important actionable estimates of the AMR burden that will impact global and regional policy decisions.</li> <li><strong>&middot;&nbsp;</strong><strong>AMR education.</strong>&nbsp;Developing a range of early career mentoring opportunities and innovative educational programmes, including postgraduate degree courses in AMR and professional short courses for policymakers, industry actors and clinical practitioners to ensure we have the correct future skillsets to manage AMR challenges.</li> </ul> <p><strong>The University of Oxford</strong></p> <p>Oxford University has been placed number 1 in the Times Higher Education World University Rankings for the sixth year running, and at the heart of this success is our ground-breaking research and innovation. Oxford is world-famous for research excellence and home to some of the most talented people from across the globe. Our work helps the lives of millions, solving real-world problems through a huge network of partnerships and collaborations. The breadth and interdisciplinary nature of our research sparks imaginative and inventive insights and solutions.</p> <p><strong>INEOS</strong></p> <p>INEOS is the world&rsquo;s third largest chemical company. It has a turnover of $61bn and employs 26,000 people across 36 businesses, operating 194 sites in 29 countries throughout the world.</p> <p>INEOS products make a significant contribution to saving life, improving health and enhancing standards of living for people around the world. Its businesses produce the raw materials that are essential in the manufacture of many goods: from paints to plastics, textiles to technology, medicines to mobile phones - chemicals manufactured by Ineos enhance almost every aspect of modern life. Its facilities provide the raw materials and products that meet society&rsquo;s needs. Its scientific innovations are also helping in the move towards a lower carbon economy. And it is also playing a vital role in everything from reducing plastic waste to creating a more circular economy.</p> <p>INEOS products play a vital role in medical and pharmaceutical sectors, supplying over 300 products, many of which are EU/US Pharmacopoeia and US FDA approved. INEOS directly responded to the Covid-19 pandemic in March 2020 by building 7 new production facilities in the UK, France, Germany and the United States to produce hand sanitizer with 75% ethanol as recommended by The World Health Organisation. Each facility supplied 1 million bottles per month for free to hospitals and frontline healthcare services across Europe and the USA during the pandemic peak, and has now made the bottles available for retail to the general public.</p> <p>INEOS is perhaps best well known at present for its involvement in the world of international sport: it is backing Sir Ben Ainslie and INEOS Team UK&rsquo;s current bid to bring home the 37th Americas Cup, alongside backing The Grenadiers, Britain&rsquo;s Tour de France winning cycle team, owns a 1/3rd stake in MF1, has a performance partnership with New Zealand&rsquo;s All Blacks rugby team, and also owns football clubs OGC Nice and Lausanne Sport.</p> <p><strong>Sir Jim Ratcliffe (INEOS Founder and Chairman)</strong></p> <p>Sir Jim Ratcliffe was knighted in 2018 for services to business and investment. He is the founder and Chairman of INEOS. Sir Jim has funded the Ineos Oxford Institute with INEOS co-founders Andy Currie and John Reece. The trio have funded several initiatives in the public health space to date, including backing childrens running programmes GO Run for Fun and The Daily Mile, funding a new wing at the UK&rsquo;s Defence and Military Rehabilitation Centre, funding a children&rsquo;s A&amp;E at Southampton Hospital and donating critical supplies of INEOS hand sanitizer to the front lines of the Covid-19 pandemic. The INEOS team see antimicrobial resistance as one of the biggest global threats in the near future and have provided funding to establish the IOI in order to support urgent scientific research in the field.</p> <p><strong>The European Lead Factory</strong><br /><br />IMI&rsquo;s European Lead Factory is a unique, collaborative platform for early drug discovery. It offers unrivalled opportunities to any European academic or SME working in any therapeutic area for the discovery of new diagnostic or drug lead molecules; compounds that can result in the development of novel treatment options for patients. To this end, the European Lead Factory provides a high-quality compound library, industry-standard screening facilities and drug discovery expertise. The European Lead Factory was launched in 2013 and is managed by an international consortium of 30 public and private partners.&nbsp;<a href="http://www.europeanleadfactory.eu/">www.europeanleadfactory.eu</a></p> <p><strong>About ENABLE</strong></p> <p>In ENABLE, over 50 European partners from academia and industry, co-led by GlaxoSmithKline and Uppsala University, joined forces in a 7-year project funded by the Innovative Medicines Initiative (IMI) to develop novel antibiotics against key Gram-negative bacteria such as E. coli, K. pneumoniae, P. aeruginosa and A. baumannii. ENABLE has rapidly succeeded in building a bottom-up drug development engine with an engaged group of highly competent scientists all working towards the development of new drugs. Contact Lilian L&ouml;wenau for any communication related question (<a href="mailto:info@nd4bb-enable.eu">info@nd4bb-enable.eu</a>). ENABLE is part of the ND4BB programme. For more information on the ENABLE project, visit&nbsp;<a href="http://protect-eu.mimecast.com/s/1l2iCopLF0G0lzcz4L7b?domain=nd4bb-enable.eu">www.nd4bb-enable.eu</a></p> <p>The research leading to these results has received funding from the Innovative Medicines Initiative Joint Undertaking under grant agreement n&deg;115583, resources of which are composed of financial contribution from the European Union&rsquo;s Seventh Framework Programme (FP7/2007-2013) and EFPIA companies&rsquo; in kind contribution. The ENABLE project is also financially supported by contributions from Academic and SME partners. For more information about IMI, visit&nbsp;<a title="http://protect-eu.mimecast.com/s/zL_ACprMsBLBQ8FYQRvp?domain=imi.europa.eu" href="http://protect-eu.mimecast.com/s/zL_ACprMsBLBQ8FYQRvp?domain=imi.europa.eu">www.imi.europa.eu</a></p> <p><strong>The Latvian Institute of Organic Synthesis</strong></p> <p>Latvian Institute of Organic Synthesis (LIOS) is a state research institute specializing in organic chemistry, pharmaceutical research, molecular biology, and bioorganic chemistry. LIOS is the leading drug discovery and development centre in the Baltics and has more than 60 years of experience in drug design and technology development. IOS delivered 18 original and more than 70 generic medicines to its industrial partners.&nbsp;<a href="http://www.osi.lv/">http://www.osi.lv/</a></p>Wed, 15 Dec 2021 10:43:35 Zhttp://www.ineos.com/globalassets/ineos-group/news/ioi-now-is-the-time.jpeg?width=600http://www.ineos.com/businesses/ineos-aromatics/news/large-new-shipment-of-pta-leaves-china-for-five-customers-in-india/Large new shipment of PTA leaves China for five customers in India<p>A fully loaded cargo ship has departed from Gaolan port in China carrying more than 20,000 tonnes of purified terephthalic acid, or PTA, to customers in India. It&rsquo;s not the first time that INEOS Aromatics has used an innovative solution called break bulk cargo to overcome global supply chain challenges, but it is the first time a full vessel has been loaded comprising of PTA volumes for multiple customers to India.</p> <p>In break bulk cargo, product is transported in bags, drum or other ways, instead of inside conventional shipping containers. Eight thousand tonnes of PTA were recently delivered from Zhuhai to a customer in the Middle East using the same method.</p> <p>Alongside the use of break bulk, an innovative feature of this shipment is that it pools the orders of five different customers in India. This ensures that the order is both: competitive for all parties involved; and they can meet their contractual commitment to offtake PTA from INEOS in a time when container prices are high and container availability is constrained.</p> <p>INEOS Aromatics' team in Zhuhai went above and beyond to ensure the customers' needs could be met by:</p> <ul> <li>Working closely with each customer to create a combined breakbulk shipment solution that made it viable for customers to pick up their volumes from Zhuhai</li> <li>Co-ordinating with the shipping agent to finalise the laycan (the period when chartered ships must arrive to load a cargo) at Gaolan and with Gaolan port to ensure loading was according to plan</li> </ul> <p>Bill Zhao, INEOS Aromatics Asia Business Director said, 'Global supply chains for containers are expected to remain challenging for some time, so I&rsquo;m proud of the efforts of our team to develop this viable logistics solution that ensures we can serve PTA customers in India in 2022. The planning and coordination going forward is going to lead to more efficiency and achieving scheduled timely shipments. I&rsquo;m confident that this will position INEOS Aromatics as a credible supplier of PTA with our Indian customers.'</p> <p>INEOS Aromatics' PTA is used all over the world by the polyester industry to manufacture items such as clothes, carpets and food packaging. The latest generation PTA technology introduced in Zhuhai in 2015 reduced greenhouse gas emissions by 65%, water discharge by 75% and solid waste disposal by 95%, compared to conventional technologies.</p> <p><a title="Read break bulk story" href="http://www.ineos.com/link/c150e636e4f947a9b13afca6b90a4697.aspx" target="_top">Read original break bulk story&nbsp;</a></p>Mon, 13 Dec 2021 10:57:27 Zhttp://www.ineos.com/globalassets/ineos-group/businesses/ineos-aromatics/vessel-sailing-to-india-3.pnghttp://www.ineos.com/news/ineos-group/project-greensand-to-receive-danish-government-funding-of-dkk-197-million-26-million-for-co2-storage-in-the-north-sea/Project Greensand to receive Danish Government funding of DKK 197 million (€26 million) for CO2 storage in the North Sea<ul> <li><strong>The largest single grant ever awarded in Denmark</strong></li> <li><strong>Project Greensand is amongst the frontrunners of CO<sub>2</sub>storage projects in Europe. </strong></li> <li><strong>&ldquo;This is a huge achievement and a big step towards the net zero ambition for INEOS&rdquo;,</strong> said David Bucknall, CEO of INEOS Energy.</li> <li><strong><strong><strong>The project&nbsp;has the potential to support Denmark&rsquo;s wider CO<sub>2</sub>emission reduction targets for 2030 and beyond.</strong></strong></strong><hr /></li> </ul> <p>The Danish Energy Agency has announced that it will award 197 million DKK (&euro;26 million) to the INEOS led consortium backing Project Greensand for CCS (carbon capture storage). The carbon storage project will support Denmark&rsquo;s ambitions to reach a 70% CO<sub>2</sub> reduction by 2030.</p> <p><strong>"We are very pleased and thankful for the trust that has been shown to the entire consortium behind Project Greensand. Carbon capture storage is one of the steps needed to reach the ambitious climate goals in Denmark, and we as a consortium are very proud to be allowed to contribute to that through this project,&rdquo;</strong> said David Bucknall, CEO INEOS Energy.</p> <p>The award is based on a political decision by The Danish Government and a broad majority of political parties in December 2020 to allocate a total of DKK 197 million earmarked for the development and demonstration of CO<sub>2</sub> storage in the North Sea.</p> <p><strong>&ldquo;The entire consortium has been waiting in the starting block and we are ready to start working on the project so we can help reach the ambitious climate ambitions as soon as possible,&rdquo;</strong> said Mads Gade, Head of INEOS Energy, Denmark.</p> <p><strong>&ldquo;This is a huge achievement and a big step towards the net zero ambition for INEOS&rdquo;,</strong> said David Bucknall, CEO of INEOS Energy.</p> <p>The Storage potential in Project Greensand is &frac12;-1 million ton of CO<sub>2</sub> per year from 2025, increasing to 4-8 million tons of CO<sub>2</sub> per year by 2030. The Greensand Area could account for all of the CO<sub>2 </sub>storage proposed in the Danish Climate Program.</p> <p><strong>ENDS </strong></p> <p><u>Media Contacts:</u></p> <p>Richard Longden (INEOS)&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +41 21 627 7063 or + 41 7996 26123<br />Peter Hindsberger (INEOS Oil &amp; Gas Denmark) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +45 301 86697<br />Mark Killick (Mediazoo)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 207 052 4838 or +44 7836 634449<br />Andrew McLachlan (Mediazoo)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 207 384 6980 or +44 7931 37716</p> <p><strong><u>Note to Editors.</u></strong></p> <p><strong>About Greensand</strong></p> <ul> <li>The primary objective of the Greensand project is to safely and permanently store, potentially up to 8m tonnes of CO<sub>2</sub> per annum in the INEOS operated Siri area.</li> <li>The storage potential, if achieved, will contribute significantly to Denmark&rsquo;s 2030 overall emissions reduction target</li> <li>The Greensand project has three phases: Appraisal, Pilot (Proof of concept) and Full project execution.</li> <li>The Completed Appraisal phase had field owners INEOS, and Wintershall Dea, plus consortium members Maersk Drilling and Danish Government backed GEUS.</li> <li>The project recently cleared a major hurdle as DNV GL independently certified that the Nini West field is conceptually suitable for injecting 0.45 million tons CO<sub>2</sub> per year per well for a 10-year period, and that the subsea reservoir can safely contain the CO<sub>2</sub>.</li> <li>Planning for the Pilot phase (Proof of concept) is now underway with the potential to start immediately following the implementation of the agreements outlined in the Danish North Sea Agreement of December 2020.</li> <li>The FID for full-scale project will commence after proof of concept, planned FID in second half 2023, and will have an estimated delivery duration of around 24 months after which carbon storage could be operational from around 2025.</li> <li>The Paleocene sandstone fields of the Siri Area in the Danish North Sea are located at an optimal depth of 1.5-2.2km and are encased in one of the most competent cap rocks in the North Sea.</li> <li>The area is geologically extremely stable and has retained gas and oil for 10-20 million years, the area constitutes a very safe permanent storage site for CO<sub>2</sub>.</li> <li>In Phase 1, the Greensand Consortium demonstrated that viability of the development of a CO2 storage site. The assessment was certified by DNV. The Storage potential is &frac12;-1 million ton of CO2 per year from 2025, increasing to 4-8 million tons of CO<sub>2 </sub>per year by 2030. Hence, the Greensand Area can account for all of the CO<sub>2</sub> storage proposed in the Danish Climate Program.</li> </ul> <p><strong>About the Greensand Consortium</strong></p> <p>The consortium comprises major Danish companies, international companies with expertise in carbon capture, international research institutes and universities, as well as small Danish start-ups with groundbreaking ideas on monitoring technologies.</p> <p>&nbsp;</p> <hr /> <p>&nbsp;</p>Thu, 09 Dec 2021 12:22:19 Zhttp://www.ineos.com/globalassets/ineos-group/news/ineos---nini-1.jpeg?width=600