Ineos concludes sale of Sulphuric Acid and Oleum production site in Bilbao, Spain to WeylChem.

At a glance

INEOS Enterprises has completed the sale of its Sulphur Chemicals business to International Chemical Investors Group (ICIG). The sale includes the Bilbao plant, which will now be part of the WeylChem Group owned by ICIG. The plant in Bilbao produces sulphuric acid and oleum, using sulphur obtained from refinery desulphurisation processes as a raw material. The plant also generates electricity through co-generation.

Spain’s Largest Dedicated Manufacturer of Sulphuric Acid and Oleum. Our production site is in Bilbao in Northern Spain.

INEOS Enterprises announced completion of the sale of its Sulphur Chemicals business to International Chemical Investors Group (ICIG). The sale includes the Bilbao plant, which will now become part of the WeylChem Group of companies, owned by ICIG. The site combines state-of-the-art technology with electricity co-generation to produce sulphuric acid in a range of concentrations from 80% to 98%. In addition to the business offers specialized Sulphur chemicals including oleum 20% and molten Sulphur, serving a broad spectrum of industries. The plant in Bilbao uses Sulphur obtained from the desulphurisation processes of Refineries as a raw material. The heat generated in the process is used for the production of steam which is used to produce electric power.