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Ineos Acetyls and the Indian firm Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) will explore construction of a 600,000-metric-ton-per-year acetic acid facility at GNFC’s site in Bharuch, India. Ineos is Europe’s largest acetic acid maker. GNFC is the only large-volume producer of acetic acid in India, which imports about 85% of its demand for the chemical, the two companies say. They have had a technology partnership for over 30 years.
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