7 July 2016
DETAILS
INEOS Oxide is today announcing
a multi-million pound expansion of its
Hull manufacturing facility
to increase production of Ethyl Acetate (EtAc)
by 100,000 tonnes per year.
It is expected that the additional capacity
will be available by the end of next year.
EtAc is in high demand for use in
pharmaceuticals, cosmetics, inks
and flexible packaging and
the Hull plant is already at full capacity.
This new investment will enable the company
to continue to serve customers
across Europe for many years to come.
This is the first major UK investment decision
to be made following the Brexit vote
and reflects INEOS’ confidence in the UK economy
and its ability to continue to deliver for its customers.
Jim Ratcliffe,
INEOS founder and chairman
“We believe in British manufacturing
and will support it wherever we can.
Our Hull plant is at capacity
and this extra investment will enable us
to significantly increase production
that we will sell
all over Europe and across the world.”
Media contacts
Richard Longden (INEOS)
0041 21 627 7063 or 0041 7996 26123
Mark Killick (Media Zoo)
020 7384 6980 or 07836 634449
Andrew McLachlan (Media Zoo)
020 7384 6980 or 07931 377162
WWW.CHEMWINFO.COM BY KHUN PHICHAI
