INEOS Phenol （Formally PHENOLCHEMIE) http://www.phenolchemie.com/
INEOS
Phenol is the world’s largest producer of
Phenol and Acetone. INEOS Phenol’s manufacturing capacity
worldwide is approximately 1.5 times that of its closest
competitor and almost three times that of the next largest
European producer.
INEOS Phenol is the only Phenol and Acetone manufacturer with
production facilities both in Europe and America. These
production facilities are supported by a global sales and
distribution network. This network of facilities enables INEOS
Phenol to provide its customers with a secure and competitively
priced supply of Phenol and Acetone on a worldwide basis,
leveraging the economies of scale of our world-scale plants.
The key applications for Phenol and Acetone are in the production
of polycarbonate, plastics, phenolic resins, synthetic fibres
(such as nylon) and solvents. These products are used in a
diverse range of end-markets, including the automotive,
construction, electronics and fibre industries.
History
| 1952-1954
|
Founding
of PHENOLCHEMIE by Bergwerksgesellschaft Hibernia AG,
Scholven Chemie, Rutgerswerke AG, and Harpener Bergbau AG
in Gladbeck |
| 1954 |
Start up
of Gladbeck plant in Germany (8 ktpa Phenol) |
| 1954-1999 |
Expansion
of the Gladbeck site capacity in
several steps to 620 ktpa Phenol |
| 1969 |
Renaming
of Scholven Chemie to VEBA Chemie AG |
| 1979 |
Acquisition
of 50 % share by VEBA Chemie AG and transferred to Huls
AG |
| 1993 |
Start-up
of Antwerp plant in Belgium (200 ktpa Phenol) |
| 1994 |
Full
Acquisition by Huls AG |
| 1997 |
Doubling
of capacity at Antwerp plant (420 ktpa Phenol) |
| 1998 |
Merger
of Degussa AG and Huls AG resulting in Degussa-Huls AG |
| 2000 |
Start up
of Mobile
plant
in Alabama, USA (400 ktpa Phenol) |
| 2001 |
INEOS acquires PHENOLCHEMIE and forms INEOS Phenol |
In
1952, INEOS Phenol was founded under the name Phenolchemie as a joint venture of
various industrial partners in Gladbeck, Germany, with the
specific purpose to manufacture phenol and acetone from cumene. Two years later,
production started with an annual capacity of 8000 tons of
phenol.
Since then, the company grew continuously and became the leading
phenol and acetone supplier in Europe. Starting in 1992, now
under sole ownership of the former Huls AG, then Phenolchemie,
disembarked on a program to internationalize. In 1993, a new
plant was started in Antwerp, followed by the doubling of its
capacity in 1997. From this plant, located in the Antwerp port
with access to worldwide waterways, phenol and acetone have since
been shipped to destinations throughout the world. Meanwhile
INEOS Phenol grew into the world’s largest phenol and
acetone manufacturer. This leading position is now supported by
our new facility in Mobile, Alabama, United States, where a new
grass-roots plant commenced production in April 2000. With this
plant, INEOS Phenol is now also one of the largest domestic
producers of phenol and acetone in North America.
Today, INEOS Phenol represents a group of companies with 650
employees with numerous sales representations and a logistics
infrastructure around the world.
Capacity
Phenol: 1440 ktpa
Acetone: 900 ktpa
AMS: 50 ktpa
Acetophenone: 5 ktpa
2001/4/5 Degussa Sells
Phenolchemie
Degussa AG, Duesseldorf, has sold its Phenolchemie subsidiary to
the INEOS Group, United Kingdom, for DM 825 million (E 422
million). The contract was concluded on March 30, 2001, whereby
execution is subject to receipt of competition clearance from the
antitrust authorities. Silence has been agreed on further details
of the agreement.
Degussa's Phenolchemie business holds a global leading position
in the production of phenol and acetone. Based in Gladbeck,
Germany, and equipped with further plants in Antwerp, Belgium,
and Mobile, USA, Degussa's phenol operations generated sales of E
1.169 billion in fiscal 2000 with the help of some 700 employees.
Prof. Dr. Utz-Hellmuth Felcht, Management Board Chairman of
Degussa AG, comments on the deal as follows: ''The Phenolchemie
sale is a significant step in the swift implementation of our
ambitious divestment program, and also gives clearer shape to our
vision of the new Degussa as a corporation that focuses on
specialty chemicals. At the same time, the change in ownership
provides Phenolchemie with improved prerequisites for future
worldwide growth.''
2001/10/30
Phenolchemie's name changes to INEOS
Phenol
As you may have heard, since April 2001 we are part of the
British chemical group INEOS. Therefore we are pleased to inform
you that effective October 1, 2001, we will operate under the
name of INEOS Phenol Inc. in the USA and INEOS Phenol GmbH &
Co. KG in Europe.
In addition, we would like to point out that only the company
name has changed, but not the legal form or the company
headquarters.