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INEOS Phenol (London; www.ineos.com) has broken ground at its world-scale cumene investment in Marl, Germany. The new unit is scheduled to be completed in 2021 and will produce 750,000 metric tons per year of cumene (m.t./yr).
Its location will help optimize the efficiency of the plant by integrating raw materials from the refinery and cracker complex. The site also benefits from the Marl harbor waterway connection.
The construction of the plant will support customer’s ambitions and secure the supply of raw material to the INEOS phenol and acetone plants located in Gladbeck and Antwerp for decades to come.
At the ceremony, Andy Currie, Director of INEOS Capital said, “INEOS Phenol has been a strong contributor to the INEOS Group for nearly 20 years. The investment here, at Marl in a world scale cumene unit will help underpin the continued success of this business for many more years to come.”
Hans Casier, CEO of INEOS Phenol said, “We are very pleased to be making this important feedstock investment in our European business. It shows a clear commitment by INEOS to its business, customers and suppliers. Our customers should be confident that we are investing in our business to meet their long-term business needs.”
Dr Jörg Harren, Site Manager of the Marl Chemical Park, was convinced of the strength of the production network in the Chemical Park, “Our plant is not only emblematic of the chemical network of the entire northern Ruhr area. With our strong infrastructure and proven expertise, we are the right place for this high-tech INEOS chemical plant.”
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