INEOS has today announced it has completed the acquisition of the Eastman Texas City site - the 600 kt acetic acid plant and all associated third party activities from Eastman Chemical Company.
Eastman and INEOS, as previously announced, have also entered into a Memorandum of Understanding to explore options for a long-term supply agreement for vinyl acetate monomer.
David Brooks, CEO INEOS Acetyls, said: "We are delighted to have completed this strategic acquisition which will help drive our global ambition for our Acetyls business. Our focus now will be on the integration of the site, business and employees into INEOS Acetyls.
“The site is ideally placed to take advantage of competitively priced feedstocks which will help support the growth of our business and sustainable future of the site."
The plasticisers unit on the site will continue to be owned by Eastman, but will now be operated and maintained by INEOS.
All current employees on the Eastman Texas City site have now transferred over to INEOS.
Global water solutions company @Xylem has acquired a majority stake in @Idrica.
https://fluidhandlingmag.com/news/xylem-acquires-stake-in-idrica-to-empower-water-utilities-with-intelligent-solutions/
#fluidhandling #pumps #pipelines #valves #waterindustry
A #separator from @Borger has helped a dairy farmer provide bedding material for his 240 cows, as well create useful feedstock for his #biogas #plant.
https://fluidhandlingmag.com/news/new-separator-provides-benefits-for-dairy-farmer/
#fluidhandling #pumps #valves #technology
A partly submerged tank containing a chopper pump and a mixer at #Hendwr Farm’s #biogas plant probably will not win any industry awards in the ‘aesthetically pleasing’ category. Read out latest Fluid feature here. @UKLandia
https://fluidhandlingmag.com/news/the-hills-are-alive-with-the-pumping-sound-of-sustainability/
#fluidhandling
We use cookies to enhance your browsing experience and enable essential functions on our website. Some cookies are categorised as "Necessary" are automatically stored on your browser as they are crucial for the basic operation of the site - they can no be adjusted using these tools. Additionally, we use third-party cookies to help us analyse your usage of the website. These cookies are stored in your browser only with your prior consent. You have the option to enable or disable some or all of these cookies.
Statistical or analytical cookies are used to gain insights into how visitors interact with the website. These cookies collect data on metrics like visitor count, bounce rate, traffic sources, and more, helping us understand and improve site performance.
Advertisement cookies deliver personalised ads based on the pages you previously visited and help analyse the effectiveness of ad campaigns.