INEOS is planning the construction of a new chemical plant in Europe

According to a press release by the same company, INEOS will take the next step of its ambitious plans to construct a world-scale Propane Dehydrogenation unit, together with the first Gas Cracker to be built in Europe for more than 20 years.
McDermott’s Lummus CATOFIN® Technology has been selected as the operating technology for its planned PDH unit and a License Agreement has now been signed. In parallel, an agreement has been signed with Clariant for the long-term supply of catalyst for the unit.
The PDH unit will have a nameplate capacity of 750,000 tonnes per year of polymer grade propylene and is planned to be commissioned in 2023. Propylene from the asset will feed INEOS’ polypropylene units, as well as a number of other downstream propylene derivative businesses.
The location for both the Gas Cracker and the PDH unit will be announced later in the year.