Recent events
Recent events tied to this brand in public sources.
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2026
INEOS launches LowINCO₂ low-carbon olefins and polymers range
INEOS Olefins & Polymers Europe launched INEOS LowINCO₂, a range of low-carbon olefins and polymers with a product carbon footprint up to half of the European industry average.
2026
Ineos pauses production at three Hull plants blaming high UK gas prices
Ineos said it is pausing production at its three plants in Hull, operated by Ineos Acetyls, blaming UK natural gas prices it said are twelve times higher than in the US and eight times more expensive than the coal-based processes used by Chinese competitors. Two plants have already been turned off and the third will follow in coming days, affecting up to 1,000 staff, of whom 245 work directly at the site. Workers will be kept on while Ineos tries to buy liquefied natural gas directly from the US at lower prices or waits for gas prices to fall, and the company is asking UK and EU governments for tariff protections against Chinese products.
2022
Ineos introduces recycled-content stretch-hood film
Ineos Olefins & Polymers Europe introduced a stretch-hood packaging film developed with Coveris that contains at least 30 percent recycled material.
2022
INEOS advances plans for Grangemouth hydrogen plant
INEOS said it was advancing plans for a carbon-capture-enabled hydrogen production plant at Grangemouth by inviting engineering design contractors to tender for the next design stage. The company described the project as part of its site emissions-reduction plans.
2022
INEOS joins NEXTLOOPP recycled PP project
INEOS Olefins and Polymers Europe announced that it would join NEXTLOOPP in a two-year project to develop grades of polypropylene incorporating recycled content, with the companies aiming to have them certified for food contact.
2021
INEOS completes sale of sulphur chemicals business
INEOS announced that it had completed the sale of its sulphur chemicals business to the International Chemical Investors Group. The business will become part of Weyl Chem’s advanced intermediates and reagents portfolio.
2021
Ineos fined £400,000 over Grangemouth gas leak
Ineos was fined £400,000 following a 2017 ethylene gas leak at its Grangemouth plant. Ineos Chemicals admitted that its safety inspections failed to detect a corroded pipe section that allowed the gas to escape.
2021
INEOS agrees to acquire Hess Denmark oil assets
INEOS agreed to purchase Hess Corp's subsidiary Hess Denmark for $150 million, including the remaining 61.5 percent stake in the Syd Arne oilfield and a 4.8 percent stake in the Solsort oilfield. Completion was expected by the third quarter of 2021.
2021
INEOS funds antimicrobial research institute at Oxford
INEOS donated £100 million to the University of Oxford for a new institute to conduct antimicrobial research and address antimicrobial drug resistance.
2021
INEOS donates £100 million to Oxford University institute
INEOS donated £100 million to the University of Oxford to fund a new institute for antimicrobial research.
2020
INEOS announces launch of INEOS Hygienics
INEOS announced the launch of INEOS Hygienics, a healthcare business that will produce hospital-grade hand gels, sanitiser sprays and sanitiser wipes for retail sale. The business will operate manufacturing plants in the UK, Germany, France and the USA.
2020
BP agrees to sell petrochemical unit to Ineos
BP reached a $5 billion deal to sell its petrochemical unit to Ineos; the deal was expected to complete by year-end.
2020
Spirit Energy agrees to divest two Danish assets to Ineos
Spirit Energy signed an agreement to divest two Danish companies holding interests in the Hejre and Solsort discoveries to Ineos. The transaction is subject to approval from relevant authorities and is expected to close later in 2020.
2020
INEOS and UPM Biofuels agree on renewable raw-material supply
INEOS and UPM Biofuels announced a long-term agreement for UPM to supply renewable raw material for bio-attributed polymers to be produced at INEOS Köln in Germany.
2020
Mercedes-AMG Petronas and INEOS announce principal partnership
Mercedes-AMG Petronas announced a new five-year principal partnership with INEOS, giving the manufacturer greater exposure in Formula 1.