Plastics maker expands

摘要

Polyethylene manufacturer Qenos will invest up to $195 million to expand and modernise its manufacturing facilities at Altona in Melbourne.The expansion will increase Altona's manufacturing capacity by 20%. In a statement last month CEO Jonathan Clancy said: "The project will secure 15 years' supply of feedstock worth more than $2 billlion. We add signii cant value to ethane and LPG to produce polyethylene which is then used to develop a range of high quality plastic products, both domestically and for export."