Page 170 - CW E-Magazine (15-7-2025)

News from Abroad

RE-CATEGORISATION IMPACT
Ineos says its UK acetyls business being punished

for slashing emissions

UK’s chemicals major, Ineos, has
said its acetyls business could end up
with £23-mn ($31-mn) penalty in with-
held carbon credits after managing to
slash emissions by at its Hull (UK) site
75%.

Ineos Acetyls has completed a
pioneering, world-first investment at its
Hull site, to switch its fuel source from
natural gas to low-carbon hydrogen.
Ineos said this project places the Hull
site on a “clear path to becoming the
world’s first net zero producer of acetic
acid”. carbon imports from countries such as entirely the wrong message. This is yet
China, whose emissions per tonne of another example of the UK Govern-
“The Environment Agency is now acetic acid are eight times higher than ment, through red tape and misguided
threatening to reclassify the Hull site, the UK’s”. regulation, pushing industry offshore.
which has been operating since the While countries like China and the
1930s, as a “new installation” simply “This is a prime example of regu- US back their manufacturers, Britain
because it switched to a cleaner fuel latory madness, penalising those who penalises them for cutting emissions,”
source. This re-categorisation would invest in decarbonisation and setting a he added.
mean the site will not receive its UK dangerous precedent for industry,” the
Emissions Trading Scheme (ETS) company said. Ineos has put forth a solution which
allowances until 2028,” Ineos said in it said will be a “simple, cost-neutral
a press release. “We are being punished for doing fix”. “Allow the Hull site to receive its
the right thing,” lamented Ineos Ace- 2026 and 2027 ETS free allocations
The company added that this would tyls CEO, David Brooks. “We have in- on the normal in-year timeline, just
result in a £23-mn cash drain over the vested to slash emissions, and in return like every other eligible site across the
next three years, imposed on a site “that the government wants to ‘re-categorise’ UK. This is not a request for additional
is already loss-making, at a time when it is our site – leaving us over £23-mn worse credit, just for what is already due to be
also under threat from cheaper, higher- off in the next couple of years. It sends delivered when it is needed,” it said.

Symrise’s French subsidiary opens new fragrance

creative centre in Grasse

French perfumery firm, SFA Neroli, opened creative centre covers an area Romani, Créations & Parfums, and
which was acquired by German fra- of 10,000 square meters. Floressence. Additionally, Symrise will
grances and flavours major, Symrise, contribute a strong 220-year perfume
has inaugurated its new fragrance cam- Situated in the South of France, the legacy with Maison Lautier 1795 and
pus in Saint-Cézaire-sur-Siagne. Loca- campus can build on the creative exper- its proprietary Delaire 1876 fragrance
ted in the heart of Pays de Grasse, the tise of SFA Neroli formed by the merger bases, also situated in the region.
cradle of modern perfumery, the newly of the local fragrance houses SFA “Together, this gives birth to a unique eco-

170 Chemical Weekly July 15, 2025

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