03-Jun-19, INEOS
INEOS has announced it has signed a Memorandum of Understanding with Saudi Aramco and Total, France, to build three new plants as part of the Jubail 2 complex in Saudi Arabia.
%20INEOS%20Group.jpg "INEOS to invest USD2 bn in Saudi Arabia (c) INEOS Group")
Image: INEOS
A new state-of-the-art 425,000 tonne acrylonitrile plant, will use INEOS' world leading technology and catalyst. It will be the first plant of its kind in the Middle East when it starts up 2025.
INEOS will also build a 400,000 tonne LinearAlphaOlefin (LAO) plant and associated world-scale PolyAlphaOlefin (PAO). These units will be the most energy efficient in the world when they begin production in 2025.