07.13.16
INEOS Oxide announced a multi-million pound expansion of its Hull manufacturing facility to increase production of ethyl acetate (EtAc) by 100,000 tons per year. It is expected that the additional capacity will be available by the end of next year. EtAc is in high demand for use in pharmaceuticals, cosmetics, inks and flexible packaging and the Hull plant is already at full capacity.
Jim Ratcliffe, INEOS founder and chairman, says, “We believe in British manufacturing and will support it wherever we can. Our Hull plant is at capacity and this extra investment will enable us to significantly increase production that we will sell all over Europe and across the world.”
Graham Beesley, CEO INEOS Oxide adds, “We are the largest producer of EtAC in Europe and we are about to get a lot bigger. Growth in demand for our products is strong and this investment will support our customers’ needs over the long term”
Jim Ratcliffe, INEOS founder and chairman, says, “We believe in British manufacturing and will support it wherever we can. Our Hull plant is at capacity and this extra investment will enable us to significantly increase production that we will sell all over Europe and across the world.”
Graham Beesley, CEO INEOS Oxide adds, “We are the largest producer of EtAC in Europe and we are about to get a lot bigger. Growth in demand for our products is strong and this investment will support our customers’ needs over the long term”