Ineos Oxide has indefinitely suspended plans to build a world-scale ethylene oxide, glycol and derivatives plant in the US Gulf Coast, company spokesman Charles Saunders said Friday.
The company did not say why it had abandoned plans to build the US Gulf facility, which was initially announced in December 2011, with an estimated startup of late 2014.
Ineos has previously said the facility would have an EO capacity of at least 500,000 mt, along with corresponding glycol and derivatives units.
Sources said the Battleground Manufacturing Complex in LaPorte, Texas, was believed to have been the intended location, though Ineos said at the time of its announcement it was also studying its sites in Plaquemine, Louisiana, and Chocolate Bayou, Texas.
