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18 August 2019 The on-line newspaper devoted to the world of transports 01:39 GMT+2

January 16, 2019

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Original news
Group INEOS will invest three billions of euro in order to realize a chemical plant in the port of Antwerp

Previewed the creation of job 400 places

Chemical group British INEOS has announced a project to realize a chemical plant in the port of Antwerp with an investment of three billions of euro that - it has emphasized the company - will be huge in the chemical field in Europe in last the twenty years. The project previews the construction of a system of dehydrogenation of propane (PDH) and for the ethylene cracking. The group has specified that the investment will be realized in the site that INEOS possesses to Lillo and in the adjacent areas, that they will be found by the parts made unusable of near concessions of other societies.

INEOS previews that the new systems will be commissioned in 2024 and that once operating the plant will give job to 400 people directly, with the creation of two thousand ulterior indirect places of work. Moreover during the phase of construction they will be employed some three thousand people. Currently INEOS is already anticipates in Belgium with nine productive systems, of which you are to Antwerp, and three research centers in which altogether works 2,500 people.

"The fact that for this investment INEOS opts for our port - has commented the managing director of the Harbour Authority of Antwerp, Jacques Vandermeiren - it is obviously an optimal news. It seems that once again we, that we are the greatest integrated chemical cluster of Europe, constitute pole of attraction for the international investor. Moreover the production of propylene and ethylene constitutes the base for other processes and will ulteriorly strengthen our position in the segment of the raw materials for the chemical industry, so as for other industries of our nation. This mega investment - it has emphasized Vandermeiren - carries the amount of the new investments that we have carried to Antwerp in the last year to beyond five billions of euro. Undoubtedly this will give an ulterior impulse to the radication of our industry to Antwerp and will give an essential contribution to the sustainable future of our port and the Belgian economy here".

Evergreen Line
Vincenzo Miele

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