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Business
Ineos sails from Texas with ethane
by Alexander H. Tullo
September 12, 2016
| A version of this story appeared in
Volume 94, Issue 36
The Ineos Intrepid, chemical maker Ineos’s ethane carrier, has picked up its first cargo from Enterprise Products Partners’ new ethane terminal in Morgan’s Point, Texas. The ship will deliver the raw material to Ineos’s ethylene cracker in Rafnes, Norway. The Intrepid picked up ethane from Marcus Hook, Pa., near Philadelphia, earlier this year. The company wants to use U.S. shale-derived ethane to reduce feedstock costs at its European facilities.
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