# Ineos plans €2B expansion of petrochemical plants in Europe

Ineos announced plans to build a new propylene production unit in Europe and expand ethylene capacity at its crackers in Grangemouth, Scotland and Rafnes, Norway. The investment is about €2 billion and will increase ethylene capacity by about 50% at each site, creating about 150 jobs per location.

- Type: Expansion
- Announced: 2017-06-12
- Where: Grangemouth, Scotland; Rafnes, Norway; Belgium (potential), United Kingdom
- Value: $2.24B (2.00B EUR)
- Jobs: 300
- Starts operating: Q3 2020
- Status: announced
- Capacity: over 1 million tonnes ethylene per year per site
- Products: ethylene, propylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [INEOS](https://endata.com/companies/9807.md)

## Sources

- [bbc.com](https://www.bbc.com/news/uk-scotland-scotland-business-40249088), 2017-06-12: "These expansions and new-builds will increase our self-sufficiency in all key olefin products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.