INEOS to expand Rafnes cracker capacity by 50,000 tonnes/year

03 December 2013 12:38 Source:ICIS News

RAFNES, Norway (ICIS)--Switzerland-headquartered chemicals producer INEOS said on Tuesday that it is to expand the cracker capacity at its Rafnes, Norway complex by 50,000 tonnes/year.

The expansion is to be achieved through the development of a twelfth furnace at the unit, and will bring the unit’s capacity to 620,000 tonnes/year, the company added.

The expansion is due to be completed by the end of 2015 following the installation of additional tank storage and related infrastructure to allow the import of shale-derived ethane from the US, expected to be up and running by the first quarter of that year.

The cracker has traditionally cracked ethane and propane, but will be repositioned to crack only ethane, capitalising on cheaper US gas stocks, the company added.

By Tom Brown