In 1952, INEOS Phenol was founded under the name Phenolchemie as a joint venture
of various industrial partners in Gladbeck, Germany, with the specific purpose to manufacture phenol and acetone from cumene. Two years later, production started with an annual capacity of 8,000 tons of phenol.

Since then, the company grew continuously and became the leading phenol and acetone supplier in Europe. Starting in 1992, now under sole ownership of the former Hüls AG,
then Phenolchemie, embarked on a program to internationalize. In 1993, a new plant was started in Antwerp, followed by the doubling of its capacity in 1997. From this plant, located
in the Antwerp port with access to worldwide waterways, phenol and acetone have since been shipped to destinations throughout the world. Meanwhile INEOS Phenol grew into
the world’s largest phenol and acetone manufacturer. This leading position is now supported
by our new facility in Mobile, Alabama, United States, where a new grass-roots plant commenced production in April 2000. With this plant, INEOS Phenol is now also
one of the largest domestic producers of phenol and acetone in North America.

Today, INEOS Phenol represents a group of companies with 600 employees with numerous sales representations and a logistics infrastructure around the world.