Abstract
Ineos will build three large-scale chemical intermediate plants within Project Amiral, an ethylene cracker complex in Jubail, Saudi Arabia, being developed by Saudi Aramco and Total. Costing $2 billion and set to start up in 2025, the facilities that Ineos will build are a 425,000-metric-ton-per-year acrylonitrile plant, a 400,000-metric-ton-per-year linear-α-olefin plant, and what the firm says will be a “world-scale” poly-α-olefin plant. The three plants will be Ineos’s first in Saudi Arabia. Output from the α-olefin plants will be used to make synthetic lubricants. Acrylonitrile is a key building block chemical for making carbon fiber and engineering polymers. “This first investment in the Middle East consolidates our position as the market leader,” says Paul Overment, CEO of Ineos Nitriles. Ineos’s Saudi move follows recent announcements by the privately owned firm that it will invest $3.4 billion in a new ethylene cracker and propane dehydrogenation complex in Antwerp, Belgium, and $1.3
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