UpdateNPRA '08: INEOS may up Rafnes cracker

30 March 2008 22:11  [Source: ICIS news]

(adds video interview with Tom Crotty)

SAN ANTONIO, Texas (ICIS news)--INEOS Olefins could add an additional 400,000 tonnes/year of ethylene capacity at its cracker in Rafnes, Norway taking it to 1m tonnes/year by 2013 if Scandinavia’s Skanled gas pipeline is built, CEO Tom Crotty said on Sunday.

INEOS would build a gas separation unit to extract ethane feedstock for the expansion if the pipeline project goes ahead, he added on the sidelines of the 33rd National Petrochemical & Refiners Association (NPRA) meeting.

The proposed pipeline would link Karsto in Norway to Rafnes, Sweden, Denmark and ultimately Poland.

Crotty said he believed there was a good chance the pipeline would be laid given Poland’s desire to secure gas supplies from other sources than Russia.

INEOS would build a gas separation plant at Rafnes costing several hundreds of millions of euros, he added.

INEOS completed the €290m ($183m) acquisition of Borealis' olefins and polyolefins assets in Rafnes in September.

Additional ethylene from the Noretyl joint venture cracker would give opportunities for further investments in polyethylene and vinyl chloride monomer/polyvinyl chloride in Norway, Crotty said.

($1 = €0.63)

For more on C2 visit ICIS chemical intelligence

INEOS would build a gas separation unit to extract ethane feedstock for the expansion if the pipeline project goes ahead, he added on the sidelines of the 33rd National Petrochemical & Refiners Association (NPRA) meeting.

The proposed pipeline would link Karsto in Norway to Rafnes, Sweden, Denmark and ultimately Poland.

Crotty said he believed there was a good chance the pipeline would be laid given Poland’s desire to secure gas supplies from other sources than Russia.

INEOS would build a gas separation plant at Rafnes costing several hundreds of millions of euros, he added.

INEOS completed the €290m ($183m) acquisition of Borealis' olefins and polyolefins assets in Rafnes in September.

Additional ethylene from the Noretyl joint venture cracker would give opportunities for further investments in polyethylene and vinyl chloride monomer/polyvinyl chloride in Norway, Crotty said.

($1 = €0.63)

For more on C2 visit ICIS chemical intelligence


By: Nigel Davis
+44 20 8652 3214



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