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Innovene

2004/11 NOVA Chemicals announces intent to form European Styrenics Joint Venture with BP

2005/3  BP Announces New Identity for Petrochemicals Company   Innovene

2005/5  BP and NOVA Chemicals sign binding agreements for European Styrenics JV:NOVA Innovene

2005/6  Innovene and Delta Oil Agree To Explore Major Petrochemical Investment in Saudi Arabia

2005/7  Shanghai Secco Olefins JV to Stay with BP After Innovene Spin-Off

2005/9  BP chemical unit Innovene sets $1 billion IPO

2005/10  BP Agrees Sale of Petrochemicals Business to INEOS for $9 Billion

     Nova-Innovene slashes EPS capacity

2006/1  New INEOS business names confirmed (Innovene 統合による)


October 13, 2005 British Plastics & Rubber

Nova-Innovene slashes EPS capacity

The mothballed EPS plant at
Nova Innovene's Carrington site in Manchester is being officially written off as part of a reduction in overcapacity which also sees the closure of the Berre plant in France. The 75,000 tonnes plant was shut down in 2002 and production transferred to Berre and Ribecourt in France and Breda in the Netherlands. Now the 65,000 tonnes plant at Berre, operated by Shell Petrochimie Mediterranee is to be closed in the second half of next year.


2006/1/19 Ineos

New INEOS business names confirmed
http://www.ineos.com/new_item.php?id_press=115

Following the completion of the acquisition of Innovene, announced on the 16th December, INEOS is now able to confirm the names of the new businesses that have been created as the company is integrated into the existing INEOS structure.

Seven new Business units have been formed:

INEOS Refining - Grangemouth and Lavera refinery operations.

INEOS Olefins - Innovene
s Grangemouth, Lavera and Koln Olefins activities including C2, C3, C4s and aromatics. The Saudi Delta Project and INEOS Wilhelmshaven Project are included in this business but it excludes Marl cumene.

INEOS Polyolefins - All Innovene
s polyethylene and polypropylene European operations including the Solutions business. This business also hosts Innovenes Asian polyolefins operations.

INEOS Olefins & Polymers, USA - All of Innovene
s existing North American Olefins, Polyethylene and Polypropylene business activities including pipeline and terminal operations and the Hobbs NGL Fractionator as well as Carson, Chocolate Bayou and Battleground manufacturing sites. Styrene operations move to INEOS Styrenics.

INEOS Nitriles - All Innovene
s existing global nitriles business excluding catalysts, licensing and additives, and Barex. This business also hosts Innovenes Asia nitriles operations.

INEOS Technologies - All Innovene technology licensing and catalysts, INEOS ChlorVinyls licensing, catalysts and processing aids, and the INEOS Enterprises Electrochemical Technology Business.

INEOS Oligomers - Innovene
s global LAO, PAO, PIB business and Kolns oligomers business.
  *LAO(linear alpha olefin)PAOpolyalphaolefin)、PIB (ポリイソブチレン)

The following existing INEOS business names remain unchanged:

INEOS ChlorVinyls, INEOS Oxide, INEOS Films & Compounds, INEOS Phenol, INEOS Fluor, INEOS Silicas, INEOS Melamines, INEOS Paraform, INEOS Healthcare, INEOS Enterprises, INEOS Styrenics.

A plan to change the Innovene brand to the INEOS identity is now in hand and over the coming weeks businesses will begin to refer to themselves under their new identities.