Ineos Oligomers plans to build a new linear alpha olefin unit in the United States by late 2016 and expand its Canadian LAO unit in 2014, partly driven by demand for high performance automotive lubricants.
It is our intention to build a new world scale LAO unit on the Gulf Coast of the United States, Bob Learman, CEO of League City, Texas-based Ineos Oligomers, said in a June 27 news release. The unit will have an initial capacity of 350,000 metric tons, and like our existing units, it can be built with a further 50 percent expansion in mind. So ultimately the capacity could reach over 500,000 metric tons.
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