As Europe's leading producer of Chlor-Vinyls, INEOS Inovyn is one of the top three companies worldwide, providing a range of essential products that offer the lowest carbon footprint of their kind, with Environmental Product Declaration (EPD) to certify their credentials. It is also one of the largest operators of electrolysis technology in Europe, producing 60 000 tpy of low-carbon hydrogen.
As both a user and producer of hydrogen, INEOS Inovyn is in a unique position at the heart of Europe’s hydrogen transformation. The company continues to grow and strengthen its hydrogen business through key strategic projects. As hydrogen demand progressively increases, it will scale up developments, while recognising the need for clear legislation to nurture this market and investment.
The development of the electrification of VCM monomer cracking with project Electra represents a key innovative step for the company's roadmap. “We embrace our responsibility to play an active role in the journey towards a net zero economy, through collaboration across our industry, reducing INEOS Inovyn’s operational footprint and delivering products that will help us reach a sustainable future,” said Geir Tuft, CEO of INEOS Inovyn.
During 2022, the company strengthened its range of bio-sourced PVC products, including BIOVYN™, which delivers greenhouse gas (GHG) savings of over 90% compared to conventional PVC and is now being used across a wide range of applications.
Moreover, INEOS Inovyn’s Project Circle programme is pioneering advanced recycling technologies for end-of-life PVC products, with an ambition to have industrial advanced recycling units on stream by 2030 and bring circular product offers to market.