Wednesday, November 11, 2015

INEOS signs agreement with ExxonMobil, Shell to supply ethane from U.S. Shale gas

From:  PennEnergy

Sources: INEOS, ExxonMobil, Shell
The Fife Ethylene Plant is one of Europe's largest and most modern ethylene facilities. The plant started production in 1985, and is one of only four natural gas-fed steam crackers in Europe.

INEOS signs agreement with ExxonMobil Chemical Limited and Shell Chemicals Europe BV to supply ethane from U.S. shale gas from Grangemouth to the Fife Ethylene Plant in Scotland.

·  The Fife Plant will receive U.S. ethane from shale gas via the new import terminal at INEOS Grangemouth. 

·  The deal ensures the competitiveness of the Fife Ethylene Plant.  MORE

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