INEOS Oxide announced a multi-million pound expansion of its Hull manufacturing facility to increase production of Ethyl Acetate (EtAc) by 100,000 tonnes per year. It is expected that the additional capacity will be available by the end of next year. EtAc is in high demand for use in inks, cosmetics and flexible packaging and the Hull plant is already at full capacity. This new investment will enable the company to continue to serve customers across Europe for many years to come. This is the first major UK investment decision to be made following the Brexit vote and reflects INEOS' confidence in the UK economy and its ability to continue to deliver for its customers.
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