Recently, INEOS O&P Europe announced that it will invest 30 million euros (about 220 million yuan) to transform its Lillo plant in the port of Antwerp so that its existing capacity can produce unimodal or bimodal grades of high-density polyethylene (HDPE) to Meet the strong demand for high-end applications in the market.
INEOS will leverage its know-how to strengthen its leading position as a supplier to the high-density pressure piping market, and this investment will also enable INEOS to meet the growing demand in applications critical to the new energy economy, such as: transportation Networks of pressurized pipelines for hydrogen; long-distance underground cable pipeline networks for wind farms and other forms of renewable energy transportation; electrification infrastructure; and processes for carbon dioxide capture, transportation, and storage.
The unique combination of properties offered by INEOS bimodal HDPE polymers means that many of these products can be safely installed and operated for at least 50 years. They also provide a more efficient, lower-emission solution for transporting vital utilities and goods between European cities.
This investment also demonstrates INEOS O&P Europe’s commitment to a prosperous circular economy. After the upgrade, the Lillo plant will increase the production of highly engineered polymers that INEOS combines with recycled plastic waste to form the Recycl-IN range, enabling processors and brand owners to produce products that satisfy consumers more Products that use recycled materials demand, while continuing to deliver the high-performance specifications they expect.
Post time: Oct-28-2022