INEOS has announced a co-funded feasibility study with the Scottish Industrial Energy Transformation Fund (SIETF) to look at improving the energy efficiencies on its primary manufacturing asset at Grangemouth – the KG ethylene plant.

The KG plant provides the cornerstone of manufacturing at Grangemouth, producing ethylene that is further processed on site and also exported via pipeline to industrial hubs in the North East and North West of England.

Andy Hughes, Operations Director INEOS O&P UK Grangemouth, said, “This feasibility study demonstrates our creative thinking, innovative engineering and determination to address the need to reduce our carbon footprint and deliver on our commitment to net zero operations by 2045. The study will review the technical and economic viability of redesigning the furnace convection section of the ethylene manufacturing process.”

  • INEOS undertaking study, co-funded by SIETF, to lower carbon production at its manufacturing site in Grangemouth
  • Study will consider energy efficiency improvements that will reduce consumption of natural gas at site, leading to a decrease of CO2 emissions by up to 50,000 tonnes per year
  • Andy Hughes, Operations Director INEOS O&P UK Grangemouth, said, “This feasibility study demonstrates our creative thinking, innovative engineering and determination to address the need to reduce our carbon footprint and deliver on our commitment to net zero operations by 2045.”

 

Businesses at the INEOS Grangemouth complex are already on their journey to net zero, having reduced CO2emissions by 37% since acquiring the site in 2005. With continued investment aligned to their Net Zero Strategy, the interim target of at least a 60% reduction of CO2 emissions by 2030 is firmly within its sights.

For more information visit: www.ineos.com

2nd November 2022