25 years. That is how long it has been since a new cracker has been built in Europe. Elsewhere in the world, however, particularly in the United States, China and Saudi Arabia, there has been considerable investment in these plants in recent years, particularly for the production of ethylene, one of the most widely used basic chemicals in the world. We don’t think about it, but every day we use products and applications for which ethylene is indispensable. You find this building block in lightweight parts of cars and wind turbines and in building materials such as water and gas pipes, wires, cables and insulation. It is also used in medical applications, textiles, computer and smartphones, household appliances, food packaging and cosmetics. As demand for it increases, INEOS intends to respond with the construction of an ethane cracker, the greenest in Europe.
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