ETHYLENE DIMERIZATION MARKET ANALYSIS

Name: Ethylene Dimerization Market News
Creator: Coherent Market Insights
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Ethylene Dimerization Market, by End Products (Propylene, HDPE, LLDPE, Polybutene, and Other (Butadiene, Butylene Oxide, and Valeraldehyde)), by Application (Packaging, Fibers & Textiles, Paint, and Automotive), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Developments

In January 2019, INEOS Group completed the acquisition of Ethoxylation plant from Wilmar International Limited located in Lavèra, France. INEOS annual ethylene oxide production capacity at Lavèra is expected to reach 270 KT. Furthermore, the acquisition has helped INEOS Group to expand its ethylene product offerings in Europe market.
In September 2018, INEOS invested US$ 66.6 million to construct a new furnace to expand the ethylene capacity at its Grangemouth (Scotland) plant. This new furnace is expected to improve efficiency of the plant and increase its production capacity to meet growing demand of ethylene in the Europe market.
In March 2017, Dow completed construction of its new ethylene production facility at its plant in Texas (U.S.). The plant has a production capacity of 1.5 million metric tons of ethylene per year. The new plant will help to meet increasing demand of ethylene from various end-use industries.