INEOS, the world’s leading private chemical company, has awarded Técnicas Reunidas a contract for the project management, engineering, procurement and construction management and supervision services for a world scale ethylene plant in Europe.
The facility, to be built in the Belgian port of Antwerp, will have a production capacity of 1.5 million tons per year. Start-up of the facility is expected in 2026.
Ethylene is a raw material needed for products that are used in wind power plants, solar panels, medical equipment (blood bags, sterile containers, magnetic resonance scanners, etc.), long-life construction materials, textile products and lightweight components for vehicles, among other applications.
INEOS will invest 3,000 – 4,000 million euros in this project. It will be the largest capital investment made by the European chemical sector in the last 20 years.
The advanced technology applied in its development will make it the most energy-efficient and environmentally sustainable facility of its kind in Europe.
For the development of the project, the company will mobilize a highly qualified team that will reach a peak of 450 professionals in Madrid, composed of process engineers and chemical engineers, among other specialties.
In addition, Técnicas Reunidas will mobilize a peak of 225 professionals for construction supervision to the Antwerp site and also to the center where the construction of the large-scale modules, designed by Técnicas Reunidas, will be carried out.
Técnicas Reunidas will promote, as it does in all its projects, the involvement of Spanish companies in their execution, confirming the dragging effect it exerts on the country’s industrial fabric.
This project is a milestone in the European chemical sector due to its size, its advanced technology and its contribution to the energy transition, Técnicas Reunidas appointment confirms the company as a center of excellence in engineering in the world.
About Técnicas Reunidas
The Spanish company Técnicas Reunidas is one of the most important companies in its sector on an international scale, with a presence in 25 countries and a track record that totals more than 1,000 industrial plants over its more than 60 years of experience.
Técnicas Reunidas’ activity is mainly focused on the development of engineering projects, design and construction of industrial plants for the production of clean fuels, natural gas and chemical products, and solutions linked to the energy transition, circular economy and decarbonization (renewable hydrogen, biofuels, waste recovery, CO2 sequestration and capture, etc.).
Its more than 6,800 employees, mostly highly qualified engineers, make its headquarters in Spain a center of engineering excellence.
2017-01-06€ 3,000 mln at INEOS Antwerp site (BE)
Toray Announces Establishment of Battery Separator Film Joint Venture with LG Chem at Nyergesújfalu, Hungary
Toray and LG Chem have established the joint venture through the investment of US$375 million (around ¥ 50 billion) by LG Chem in Toray Industries Hungary Kft. (THU), a wholly owned Toray subsidiar...
HH2E and MET Group establish a joint project company to develop one of Europe’s largest green hydrogen production plants in Lubmin, Germany
6,000 tonnes/year production of green hydrogen by 2025 to supply hydrogen to transport and industrial customers in Germany, increasing to 60,000 tonnes by 2030.
Indaver and INEOS Styrolution sign offtake agreement for recycled styrene monomer, new plant based in Antwerp, Belgium
Indaver’s depolymerisation plant to be the first of its kind in Europe.Agreement closes the loop for polystyrene - from yoghurt pot to yoghurt pot
Lhyfe and Chantiers de l’Atlantique sign a MoU to develop offshore renewable green hydrogen production
This agreement comes as Lhyfe and Chantiers de l’Atlantique, who have already been working together for 18 months as part of the SEM-REV project on the co-development of a pilot system for offshore...