Mega-investment by Borealis creates excellent chemistry vibe @EPCA

Monday 22 10 2018

During the EPCA annual networking conference, the main get-together for petrochemical companies worldwide, Port of Antwerp laid on a lavish entertainment for the chemical giants attending, to thank them for their confidence in the port of Antwerp over the years. An extra boost was given by the announcement of a mega-investment by the petrochemical company Borealis, to build one of the largest PDH plants in the world. Can you too feel the chemistry in the port of Antwerp?

EPCA@Vienna

2,700 international chemical players met in Vienna this year for the 52nd annual conference of the European Petrochemical Association, taking the opportunity to network and to catch up with the latest developments in the chemical industry.

Attraction of the chemical cluster in Antwerp

The port is home to Europe's largest integrated chemical and petrochemical cluster. Many of the market leaders have built their production facilities here. Antwerp has been deluged by a wave of investments, with projects large and small. Recently Ineos, Nippon, Sea-Mol en Oiltainking/AGT, among others, announced that they would opt for Antwerp.

Port Authority CEO Jacques Vandermeiren at the EPCA conference with Borealis CEO Alfred Stern

The unique advantages of the world's largest chemical giants and the newly announced investments and services continue to secure Antwerp's place as the chemical hub 'par excellence.' As a result the port of Antwerp is able to reinforce and indeed expand its role as the largest chemical cluster in Europe. Our port continues to exert a great power of attraction for potential investors

 

Borealis invests billion euros in construction of propane dehydrogenation (PDH) plant

The Austrian petrochemical company Borealis recently announced that it is to spend one billion euros on construction of a new plant on its existing site in Kallo, in the Antwerp port area. This will be a propane dehydrogenation (PDH) plant, converting propane into propylene. Propylene in turn is used to make polypropylene, a very versatile plastic with many uses in among others the car industry. The mega investment will make this plant the largest PDH facility in the world. The plant will make use of a recyclable, chromium-free catalyst, thus reducing energy consumption, CO2 emissions and the amount of waste produced.