Construction News

15/05/2014

Permission Granted To Build Ethane Tank

Ineos has confirmed it has received planning permission to build a £125m ethane storage tank at its petrochemical site in Grangemouth.

Falkirk Council are understood to have supported the proposals.

The proposals include the construction of a 60,000 cubic metre ethane storage tank, plus the associated infrastructure, and the move will allow shale gas to be imported from the US before it is stored and processed at the site.

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In a statement, Harry Deans, Senior Ineos Executive, said: "This is great news for those who work at Grangemouth or who are associated with our operations.

"In being granted planning permission to build an ethane storage tank, we have passed another key milestone on our journey to turning our business around.

"We are now able to move forward with our plans that will culminate in the site importing advantaged ethane feedstock from the US."

(JP/IT)

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