BP Chemicals
See BP
1967 New subsidiary company, BP Chemicals, established to hold all of BP's chemical and plastics interests and the chemicals businesses acquired from Distillers Co[1].
1968 New ethylene plant at Grangemouth
1968 Announced plans for £60M chemicals and plastics complex at Baglan Bay in South Wales (including vinyl chloride); offered to acquire Chevron Chemical's interest in the phthalic anhydride plant at Salt End, Hull and announced plans for expansion of this plant[2].
1969 Announced plans for investment in plant for making plastics at Stroud (polystyrene), Grangemouth (high density polyethylene) and Barry (Breon nitrile rubber)[3].
1970 Plans to build new ethanol plant at Baglan Bay[4]. New phenol plant commissioned at Grangemouth[5]. Wulff plant for producing acetylene used to make vinyl chloride monomer at Barry was closed after many technical problems since it was commissioned in 1966[6]; the chemical would be imported instead[7].
1978 BP acquired ICI's share of Border Chemicals based at Grangemouth[8], which became part of BP Chemicals.
1992 Sold the operations at Hythe to its management who formed Inspec[9]
1995 Sold the Antwerp business, producer of speciality and commodity chemicals including ethylene glycol, to Inspec.
2005 The business of the Olefins division, called Innovene, had been improved ready to be spun-off[10]. It was acquired by Ineos later in the year[11]
See Also
Sources of Information
- ↑ The Times, 1 April 1967
- ↑ The Times, 11 December 1968
- ↑ The Times, 4 February 1969
- ↑ The Times, 14 January 1970
- ↑ The Times, 26 October 1970
- ↑ The Times, 18 December 1970
- ↑ The Times, 4 December 1970
- ↑ The Times, 22 July 1978
- ↑ The Times Mar. 15, 1995
- ↑ The Times Apr. 5, 2005
- ↑ The Times Oct. 8, 2005
- The Engineer of 7th June 1968 p890