INEOS O&P Europe has said it is investing €30m in the conversion of its plant in Lillo, at the Port of Antwerp, to enable its existing capacity to be utilised in order to produce either monomodal or bi-modal grades of high-density polyethylene (HDPE).
This will allow INEOS to meet the strong demand for durable high-end applications, such as cable ducts and pipes used to transport green energy sources such as renewable power and hydrogen, whilst enabling the business to follow market trends as society reduces single use packaging.
HDPE is a key building block for producing a wide variety of goods, including many of those that will play an essential role in the transition to net zero.
INEOS will use its proprietary technology to build on its leading position as a supplier to the high-density pressure pipe market, working with customers to supply key regions and segments such as drinking water, gas, sewage and industrial applications including geothermal and biogas.
The investment will also enable INEOS to meet growing demand for applications that will be critical to the new energy economy, for example – pressure pipe grids for transporting hydrogen, long-distance underground cable ducts networks for wind farms and transportation of other forms of renewable power, electrification infrastructure, and CO2 capture, transport and storage processes.
The unique combination of properties offered by INEOS’ bimodal HDPE polymers means many of these products can be installed and operated safely for at least 50 years. They also offer more efficient, lower emission solutions for transporting important utilities and goods around Europe’s cities.
The investment also demonstrates INEOS O&P Europe’s commitment to a thriving circular economy.
Rob Ingram, CEO of INEOS O&P Europe North, said: “This investment will enable our business to support the growing use of products that play a key role in the transition to net zero, as well as other uses essential to homes and businesses.
“The Lillo investment also shows our commitment to helping to create a thriving circular economy. Our Recycl-IN polymer range gives our customers the quality and confidence they need to help them to increase the use of recycling materials.”
For more information visit www.ineos.com
