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Latest Ineos Stories

2011-08-18 09:30:00

VERO BEACH, Fla., Aug. 18, 2011 /PRNewswire/ -- INEOS Bio announced that its joint venture project closed private financing on a $75m loan backed by a Loan Guarantee from the USDA for its new Indian River BioEnergy Center located near Vero Beach, Florida. Slated to start production in 2nd Quarter 2012, the BioEnergy Center will produce eight million gallons of bioethanol and six megawatts (gross) of renewable power annually from local yard, vegetative and household wastes. "We want to...

2011-07-03 08:12:00

ROLLE, Switzerland, July 3, 2011 /PRNewswire/ -- PetroChina Company Limited (PetroChina) and INEOS Group (INEOS) have completed the deal to form trading and refining Joint Ventures between PetroChina International (London) Company Limited, and INEOS Investments (Jersey) Limited on July 1st. The joint ventures include trading and refining activities at the Grangemouth refinery in Scotland and the Lavera refinery in France. The business employs approximately 1,000 people...

2011-03-03 15:00:00

HOUSTON, March 3, 2011 /PRNewswire/ -- Torchlight Energy Resources, Inc. (OTC Bulletin Board: TRCH) has announced that effective March 3, 2011, Mr. Greg Williams has been added to the Board. Mr. Williams has extensive experience in the oil and gas industry. A brief excerpt of his Bio follows. Gregory P. Williams is presently the Chief Financial Officer for Oxane Materials, Inc. in Houston, Texas. Oxane is a start-up company in the Oil & Gas E&P industry making high strength,...

2011-02-09 07:00:00

VERO BEACH, Fla., Feb. 9, 2011 /PRNewswire/ -- INEOS New Planet BioEnergy (INPB), a joint venture between INEOS Bio and New Planet Energy, today broke ground on the first U.S. facility to produce advanced biofuels from waste on a commercial scale. The $130 million Indian River BioEnergy Center in Vero Beach, Florida, will convert yard, vegetative and household wastes into cellulosic ethanol and renewable power for the local community. This new facility represents an important step...

2011-01-31 07:04:00

LONDON, January 31, 2011 /PRNewswire/ -- The proposed joint venture meets INEOS Refining's strategic objectives, bringing a long term partner to the business with a jointly agreed investment programme for Grangemouth (Scotland) and Lavera (France). "This offer is an important step on the way to forming a strategic partnership with PetroChina," says Jim Ratcliffe, Chairman of INEOS. "It allows us to remain fully committed to our refining business as well as presenting an opportunity...

2011-01-10 07:24:00

LONDON, January 10, 2011 /PRNewswire/ -- PetroChina, through its wholly-owned subsidiary PetroChina International Company Limited, has entered into a framework agreement with INEOS to form a partnership in new trading and refining joint ventures related to the refining operations in Grangemouth (Scotland) and Lavera (France). INEOS and China National Petroleum Corporation (CNPC) also announce new strategic co-operation agreement to share refining and petrochemical technology....

2011-01-05 11:09:00

VERO BEACH, Fla., Jan. 5, 2011 /PRNewswire/ -- Today INEOS Bio and its joint venture partner, New Planet Energy, announced they have received a conditional commitment for a $75 million loan guarantee from the U.S. Department of Agriculture's (USDA) 9003 Biorefinery Assistance Program. Funds will be used for the construction of the world's first INEOS BioEnergy Center to be situated near Vero Beach, Florida. The BioEnergy Center will produce eight million gallons (24,000 tonnes) of...

2010-11-12 06:00:00

PHILADELPHIA, Nov. 12, 2010 /PRNewswire/ -- Braskem and INEOS Technologies have entered into a strategic partnership for PE technologies, under which Braskem is able to acquire licenses for Innovene S slurry and Innovene G gas-phase technologies to produce high density PE and linear low density PE, in future petrochemical projects. In addition, Braskem and INEOS Technologies will jointly conduct research and development programs for the slurry and gas-phase PE platforms. The first...

2010-11-04 11:54:00

HOUSTON, Nov. 4, 2010 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI) is pleased to announce the addition of two consultants to its global Business Advisory Service (BAS) and one to its global Market Advisory Service (MAS). Mukta Sharma, formerly with Nexant, joined CMAI on October 25, 2010. Tammy Lo, formerly with Nexant, joined CMAI on October 11, 2010. Rob Peacock, formerly of BRG and IAL, joined CMAI on October 25, 2010. (Logo:...

2010-11-01 06:30:00

VERO BEACH, Fla., Nov. 1, 2010 /PRNewswire/ -- The EPC contract has been awarded to construct the world's first commercial plant using INEOS Bio's advanced BioEnergy technology, the world's leading feedstock flexible technology for producing advanced biofuels. INEOS Bio's (www.ineosbio.com) joint venture (INEOS New Planet BioEnergy) has awarded the EPC contract to build its bioenergy facility in Southeast Florida to AMEC (www.amec.com) of Tucker, GA. AMEC will provide engineering and...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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