INEOS Oxide

INEOS Oxide announced plans to build a 300 kilotonne vinyl acetate monomer (VAM) plant at one of its integrated European sites in the UK, Belgium or Germany. The investment is in the hundreds of millions of Euros.

Following the acquisition of Arkema's 50% share of Oxochimie, INEOS Oxide will invest in units to produce oxo chemical derivatives including 2-ethyl hexanoic acid and polyalcohols. The site is likely to be in Belgium, Germany or France.

INEOS Oxide has acquired Arkema's OXO alcohol business, including full ownership of the Oxochimie joint venture in Lavéra, France. The deal, cleared by the European Commission, was announced in June 2017. Oxochimie produces butanol and 2-ethyl hexanol.

INEOS Oxide and Arkema announced a project for INEOS to acquire Arkema's Oxo Alcohol business, including Arkema's stake in the Oxochimie joint venture at Lavéra, France. The transaction is subject to regulatory clearance and consultation.