Ineos to pump ethylene from Grangemouth to Hull
Ineos said yesterday it was investing millions of pounds to expand production at a factory that will use ethylene produced from US shale gas into Scotland as its main raw material.
Grangemouth
Senior execs at Ineos call for Scottish Gov to back fracking
Senior executives at Ineos have claimed Scotland's economic fortunes could be transformed by fracking with new estimates suggesting it could be capable of producing more has than has been found in the North Sea.
Ineos accuses local government of defying ‘common sense’
Ineos has accused Falkirk Council of defying ‘common sense’ after the local government reopened a main road, which runs through the middle of the firm’s Grangemouth petrochemical site.
Ineos gears up Grangemouth for US shale imports
The operator of the Grangemouth petrochemical plant confirmed a second manufacturing unit will be reopened as the site prepares to receive shale gas ethane from the US.
Amec Foster Wheeler awarded £125million BP Grangemouth contract
Amec Foster Wheeler has been awarded a one-year £125 million engineering, procurement and construction (EPC) contract by BP to build a new refrigeration plant at Grangemouth for the Forties pipeline system.
BP £100million deal will secure 240 jobs
A £100 million deal between an engineering and services firm and BP at two of its Scottish oil and gas terminals will secure 240 jobs.
Call for Grangemouth CCS to come back to table after Drax pullout
A decision by Drax to pull out of a £1billion carbon capture and storage (CCS) competition means a rival project at Grangemouth should get a shot at the funding, an industry specialist has claimed.
Petroineos fined £24,000 after worker injured
The operators of the Grangemouth oil refinery have been fined £24,000 for safety failings related to an incident in which a worker was injured at the plant. The decision came after a Petroineos employee was sprayed in the face by low pressure steam. The worker had been in regulation personal protective equipment including a hard hat and safety glasses at the time of the incident.
Roof fitted on giant ethane tank at Grangemouth using fans
Grangemouth plant operator Ineos yesterday moved a step closer to completing the construction of Europe’s largest ethane storage tank. In a staggering feat of engineering, low pressure fans were used to lift the tank’s 300ton roof into place on “nothing more than a cushion of air”. Ineos said the 150ft high tank is being built as part of a £450million rescue plan for Grangemouth, which closed briefly in 2013.
Grangemouth operator INEOS bolsters fracking assets
UK shale gas explorer IGas Energy said today it has signed a farm-out and purchase agreement with Grangemouth refinery operator INEOS. On completion of the deal, INEOS will acquire an interest in licences in north-west England and the East Midlands, as well as an operated stake in acreage held under a licence in Scotland.
Grangemouth ‘needs shale gas move’
Scotland’s largest petrochemical plant at Grangemouth is unlikely to have a long-term future unless an indigenous shale gas industry can be developed, according to the firm that owns it. Chemicals giant Ineos proposes using shale gas as a raw material for its chemicals plants, and has revealed plans to put millions into exploration. But developing the industry could be stalled or even prevented after the Scottish Government announced a moratorium on granting planning consents for hydraulic fracturing, or “fracking” - the means of extracting the gas.
Ineos investment: Scottish Government warns of cautious approach
The Scottish Government said a "cautious approach" should be taken to the announcement by Ineos that it plans to invest £640million in shale and gas exploration in the UK. The move by chemicals giant Ineos could make it the biggest player in the industry in the country. The company already has two licences near its plant at Grangemouth in Scotland but is applying for more in Scotland and the north of England. It plans to use the gas as a raw material for its chemicals plants, including Grangemouth in Stirlingshire.
Ineos to invest £640million in UK shale gas
Chemicals giant Ineos has announced plans to invest £640 million in shale gas exploration and appraisal in a move which could make it the biggest player in the industry in the UK. The company already has two licences near its plant at Grangemouth in Scotland but is applying for more in Scotland and the north of England. Chairman Jim Ratcliffe said he wanted Ineos to become the biggest company in the British shale gas industry.