Ineos Weighs Expansion of U.S. Chemical Plant to Tap Cheap Gas

By
Jack Kaskey
  • Decision on Texas ethylene facility due in a year, CEO says
  • Low oil prices could tighten ethylene supply, says U.K. firm

Ineos Group Ltd., the largest closely held U.K. company, is considering expanding its U.S. factories to take advantage of low-cost natural-gas liquids that are used to make ethylene and plastics.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Ivanka Trump Faces Courtroom Showdown Over $785 Sandals
  2. Uber Losing Battle in London After Regulator Revokes License
  3. Mercedes Plots Tesla Attack With $1 Billion U.S. Electric Push
  4. How Electric Cars Can Create the Biggest Disruption Since the iPhone
  5. Hewlett Packard Enterprise Is Said to Plan About 5,000 Job Cuts