04 November 2013 15:01 [Source: ICIS news]
LONDON (ICIS)--INEOS’ KG gas cracker based at its Grangemouth, UK site is in the process of restarting, with the butadiene (BD) extraction unit and the G4 naphtha cracker expected to follow, a company spokesman said on Monday.
“G4 is currently in start-up assurance, as we run preliminary checks to ensure the plant is safe to restart,” he said, adding that the BD unit was expected to start slightly before G4.
INEOS’ refinery and petrochemical units at the Grangemouth site had been taken offline mid-October in preparation for a 48-hour walkout which was due to start 20 October. After negotiations broke down, the strike was called off but INEOS said the complex would remain shut.
However, following Unite’s acceptance of the Switzerland-based chemicals producer’s survival plan for the facility, INEOS announced on 25 October that it would bring the petrochemical complex back online.
The site in Grangemouth is one of Europe's largest ethylene cracker facilities and has the capacity to produce 1.02m tonnes/year of ethylene, which according to credit ratings agency Moody’s is approximately 4% of total European capacity and one-third of INEOS’s European capacity.
The BD unit has the capacity to produce 71,000 tonnes/year.
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