Page 32 - Plastics News March 2020

Business news

Nouryon and INEOS Nitriles to Ingenia acquires the La Porte

build new facilities in Germany operations of LyondellBasell

ouryon (Amsterdam, the Netherlands; www.nouryon. ngenia has acquired the La Porte operations of
Ncom) and INEOS Nitriles have broken ground on new ILyondellBasell commonly known as Bayshore
facilities to be built at INEOS’ Köln site in Germany. The Industrial. This is the first acquisition by the Company;
units will produce raw materials for Nouryon’s high-quality, all our growth in the thirty four years has been organic.
readily biodegradable chelates, used in detergents and
other industries. The plants are due to be completed in
2021-2022. Demand for chelates has increased strongly
following the European ban on phosphates in consumer
automatic dishwasher detergents. Chelates are more
sustainable than the phosphates they replace. INEOS
will operate and maintain the new facilities as well as
provide key raw materials.“This long-term agreement
with INEOS will support the growth of customer demand
for readily biodegradable chelates in home and personal
care applications such as detergents, which are a key
strategic market for us,” said Larry Ryan, Executive Vice
President and President of Performance Formulations and
the Americas at Nouryon. INEOS Nitriles is the world’s John Lefas founder Ingenia said, “ In the beginning,
largest producer of acrylonitrile, a vital raw material we were apprehensive about this venture and the
for products used in the automotive, home appliance, integration to our business. Our people worked very
garment, carbon fiber and water purification sectors. The hard and achieved exceptional results in negotiating
agreement is similar to an existing partnership between and integrating the new business. My heartfelt thanks
INEOS and Nouryon at their adjacent facilities in Lima, go to them. I would like to welcome our new employees
Ohio, United States.“Our relationship with Nouryon over to the Ingenia family. You are now our people and we
the past years has proven to be mutually beneficial. We are looking forward to working with you for many years
look forward to building on that success, and we are proud to come: safely, harmoniously and productively. I am
that the products developed through this expansion in our looking forward to knowing each one of you.The Ingenia
partnership will lead to a more sustainable industry,” says model of operations One-Stop, Full-Service, Post-
Reactor Operations” has been proving its effectiveness
all these years, some good and some challenging.
Now, Ingenia has emerged as the market leader in
the Primary business serving the polymer producers
all over the World. With our new acquisition, we are
getting highly experienced people in our industry. With
the FCMs we are getting a different technology to our
TSEs that will augment our manufacturing capabilities
while substantially increasing our capacity in the USGC.
While executing this deal, our people learned a lot and
developed systems to permit us to execute further
acquisitions in addition to our continuing organic
Hans Casier, CEO of INEOS Nitriles. The startup of the new growth. Ingenia is moving forward with big steps. With
facilities will strengthen Nouryon’s global footprint in the this acquisition, Ingenia brings added expertise and
supply of readily biodegradable chelates to Asia, Europe capacity to its existing world-class team.
and North America.

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