Petrochemical Expansion in Europe Means More Fracking in the United States
Ineos plans to build new plant to handle more fracked gas shipped across the Atlantic
Brussels: – 14 June, 2017 — The Financial Times reports that European energy giant INEOS announced plans to build a new petrochemical plant that uses fracked gas from the United States as a feedstock for producing propylene, a raw material used in making plastics. The company relies on its new fleet of “dragon ships” to act as a virtual pipeline, shipping gas liquids across the Atlantic Ocean.
In response, Food & Water Europe executive director Wenonah Hauter issued the following statement: