Company News
December 16, 2022
Bio-Epi
INEOS Inovyn releases new sustainability report, with some ambitious new milestones
- Thursday, December 15, 2022
- INOVYN
- 2021 was a particularly fruitful year for INEOS Inovyn, marked in part by our commitment to reduce our carbon footprint by 33% before 2030 and reach net zero by 2050.
- In 2021, INEOS Inovyn deployed efforts focused on circularity, widening its panel of products made of bio-sourced materials, investing in the development of solutions for advanced recycling of PVC and supporting over 30 local charities and community organisations.
- INEOS Inovyn has been boosting its green hydrogen plans and plans to invest EUR 2 Billion to further cement its position as the European leader on this strategic market.
INEOS Inovyn has published its second sustainability report on 15 December 2022. The new report outlines the steps taken by INEOS Inovyn in 2021 to make our industry more sustainable through our four pillars: responsible production, carbon neutrality, circularity and value to society.
With this report, INEOS Inovyn further acknowledges its responsibility as a world leading PVC producer when it comes to changing mindsets and challenging existing practices along the whole value chain. The report sheds light on various achievements and projects, including:
- Comprehensive Net Zero Carbon Roadmaps across all sites to reach carbon footprint targets. Critical projects to improve the efficiency of our assets have been completed in 2021.
- Project Circle, which sees INEOS Inovyn develop advanced recycling technologies such as chemical recycling to treat PVC from various post-consumer waste streams. This will allow for the inclusion of recycled materials into our product range.
- Further development of bio-sourced products with the launch of REODRIN™ – the world’s first commercially available grade of bio-attributed epichlorohydrin – as well as the expansion of our BIOVYN™ portfolio through extended RSB certification for sites in Sweden and Norway.
- The publication of our first range of Environmental Product Declarations, confirming INEOS Inovyn’s position as the European leader in low-carbon vinyl and chlor-alkali products.
- Acceleration of hydrogen development with project Aquarius, INEOS Inovyn’s first water electrolysis plant at our Rafnes site in Norway, as well as project HyBay which will see INEOS Inovyn ramp up the supply of hydrogen to fuel the UK’s transport.
- Strong support for the launch of VinylPlus® 2030, the European PVC value chain’s 10-year voluntary commitment to sustainable development.
Geir Tuft, CEO of INEOS Inovyn, commented on the report: “2021 was yet another exciting year for INEOS Inovyn. The path towards sustainability is still long, but with each year that passes we demonstrate that our company and the industry at large have the capacity to turn vision into reality.”
The full Report has been prepared in reference to the Global Reporting Initiative (GRI) standards, which create a common language for organisations to report their sustainability impacts. It can be accessed here >> INEOS Inovyn Sustainability Report 2022.
December 16, 2022
Bio-Epi
INEOS Inovyn releases new sustainability report, with some ambitious new milestones
- Thursday, December 15, 2022
- INOVYN
- 2021 was a particularly fruitful year for INEOS Inovyn, marked in part by our commitment to reduce our carbon footprint by 33% before 2030 and reach net zero by 2050.
- In 2021, INEOS Inovyn deployed efforts focused on circularity, widening its panel of products made of bio-sourced materials, investing in the development of solutions for advanced recycling of PVC and supporting over 30 local charities and community organisations.
- INEOS Inovyn has been boosting its green hydrogen plans and plans to invest EUR 2 Billion to further cement its position as the European leader on this strategic market.
INEOS Inovyn has published its second sustainability report on 15 December 2022. The new report outlines the steps taken by INEOS Inovyn in 2021 to make our industry more sustainable through our four pillars: responsible production, carbon neutrality, circularity and value to society.
With this report, INEOS Inovyn further acknowledges its responsibility as a world leading PVC producer when it comes to changing mindsets and challenging existing practices along the whole value chain. The report sheds light on various achievements and projects, including:
- Comprehensive Net Zero Carbon Roadmaps across all sites to reach carbon footprint targets. Critical projects to improve the efficiency of our assets have been completed in 2021.
- Project Circle, which sees INEOS Inovyn develop advanced recycling technologies such as chemical recycling to treat PVC from various post-consumer waste streams. This will allow for the inclusion of recycled materials into our product range.
- Further development of bio-sourced products with the launch of REODRIN™ – the world’s first commercially available grade of bio-attributed epichlorohydrin – as well as the expansion of our BIOVYN™ portfolio through extended RSB certification for sites in Sweden and Norway.
- The publication of our first range of Environmental Product Declarations, confirming INEOS Inovyn’s position as the European leader in low-carbon vinyl and chlor-alkali products.
- Acceleration of hydrogen development with project Aquarius, INEOS Inovyn’s first water electrolysis plant at our Rafnes site in Norway, as well as project HyBay which will see INEOS Inovyn ramp up the supply of hydrogen to fuel the UK’s transport.
- Strong support for the launch of VinylPlus® 2030, the European PVC value chain’s 10-year voluntary commitment to sustainable development.
Geir Tuft, CEO of INEOS Inovyn, commented on the report: “2021 was yet another exciting year for INEOS Inovyn. The path towards sustainability is still long, but with each year that passes we demonstrate that our company and the industry at large have the capacity to turn vision into reality.”
The full Report has been prepared in reference to the Global Reporting Initiative (GRI) standards, which create a common language for organisations to report their sustainability impacts. It can be accessed here >> INEOS Inovyn Sustainability Report 2022.
December 15, 2022
Rocco L. Mascioli Obituary
Rocco L. Mascioli
December 8, 2022
Rocco L. Mascioli, 94, of Aston, PA died peacefully at home surrounded by his loving family on December 8, 2022. He is survived by Mary, his loving wife of 68 years. He will be deeply missed by his children Thomas (Gigi), Janice (Vincent), Madeleine (Michael), Christopher (Susan), Gregory (Linda), Carolyn (Neale) and Daniel; 19 grandchildren and four great-grandchildren. Devoted to his family and his faith, he was humble, patient, giving and generous.
Born in Mount Carmel, PA, Rocco was the eldest child of Lawrence and Angelina Mascioli. He was the Valedictorian of the Frackville, PA High School class of 1946 and served in the Army for two years before graduating from Bucknell University in 1952. He received his PhD in Chemistry from the University of Pennsylvania in 1957.
Rocco was employed first with Houdry Process Corporation, then with Air Products and Chemicals Incorporated before retiring from Arco Chemicals. As Director of Applied Research, he received numerous patents and was responsible for the development of aircraft deicers.
He volunteered for several civic associations, was a leader in local politics and was very involved in Saint Joseph’s Church serving most recently as a lector and Eucharistic Minister.
Mass of Christian burial will be Tuesday, December 13, 2022 10:00 AM at the Church of St. Joseph, 3235 Concord Road, Aston where friends and relatives may gather 8:45 AM till 9:45 AM. Interment is at Saints Peter and Paul Cemetary. In lieu of flowers, memorial donations may be sent to the Church of St. Joseph of Aston.
To plant Memorial Trees in memory of Rocco L. Mascioli, please click here to visit our Sympathy Store.
December 14, 2022
KMCI MDI Expansion Update
Air Liquide strengthens its long-term relationship with Kumho Mitsui Chemical (KMCI) in South Korea
Paris, France, December 13, 2022
- Industry
- Press Releases
Air Liquide has signed a long-term contract to supply Kumho Mitsui Chemical (KMCI), a world leader in the chemical industry, with additional hydrogen and carbon monoxide in South Korea’s Yeosu National Industrial Complex, where Air Liquide operates four production units. This contract will enable Air Liquide to support KMCI’s additional expansion of 200,000 tons per year production of methyl diphenyl diisocyanate (MDI). This isomer is used in the manufacture of polyurethane for high-tech materials and insulation.
Air Liquide will supply additional hydrogen and carbon monoxide to KMCI for its 50% expansion of methyl diphenyl diisocyanate (MDI) production with operations commencing in 2024. To supply KMCI, Air Liquide will leverage its fourth hydrogen and carbon monoxide unit in the Yeosu complex. This latter is coupled to a CO2 recycling facility installed this year.
With this new partnership, both Groups reinforce their long standing relationship. Air Liquide’s first agreement with KMCI was signed 20 years ago in Yeosu. Since then, Air Liquide has significantly developed its industrial footprint in the Yeosu basin, culminating in the design and construction of a fourth state-of-the-art, highly efficient hydrogen and carbon monoxide plant. This unit is integrated with the three other plants with a 40 km pipeline supply network in Yeosu to ensure the highest level of safety, reliability, efficiency, and flexibility to its customers.
François Abrial, Member of the Air Liquide Group’s Executive Committee supervising Asia Pacific, said:
“With this new contract, we are honored to extend our long-term relationship with KMCI, a 20-year strategic collaboration that has enabled us to steadily build our footprint in Yeosu, a major industrial complex in South Korea, to accompany KMCI’s continued growth.”
December 14, 2022
KMCI MDI Expansion Update
Air Liquide strengthens its long-term relationship with Kumho Mitsui Chemical (KMCI) in South Korea
Paris, France, December 13, 2022
- Industry
- Press Releases
Air Liquide has signed a long-term contract to supply Kumho Mitsui Chemical (KMCI), a world leader in the chemical industry, with additional hydrogen and carbon monoxide in South Korea’s Yeosu National Industrial Complex, where Air Liquide operates four production units. This contract will enable Air Liquide to support KMCI’s additional expansion of 200,000 tons per year production of methyl diphenyl diisocyanate (MDI). This isomer is used in the manufacture of polyurethane for high-tech materials and insulation.
Air Liquide will supply additional hydrogen and carbon monoxide to KMCI for its 50% expansion of methyl diphenyl diisocyanate (MDI) production with operations commencing in 2024. To supply KMCI, Air Liquide will leverage its fourth hydrogen and carbon monoxide unit in the Yeosu complex. This latter is coupled to a CO2 recycling facility installed this year.
With this new partnership, both Groups reinforce their long standing relationship. Air Liquide’s first agreement with KMCI was signed 20 years ago in Yeosu. Since then, Air Liquide has significantly developed its industrial footprint in the Yeosu basin, culminating in the design and construction of a fourth state-of-the-art, highly efficient hydrogen and carbon monoxide plant. This unit is integrated with the three other plants with a 40 km pipeline supply network in Yeosu to ensure the highest level of safety, reliability, efficiency, and flexibility to its customers.
François Abrial, Member of the Air Liquide Group’s Executive Committee supervising Asia Pacific, said:
“With this new contract, we are honored to extend our long-term relationship with KMCI, a 20-year strategic collaboration that has enabled us to steadily build our footprint in Yeosu, a major industrial complex in South Korea, to accompany KMCI’s continued growth.”
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