The Port of Antwerp is home to the largest (petro)chemical cluster in Europe. Seven of the world’s top ten (petro)chemical companies have one or more production units in the Antwerp Chemical Cluster. There are five refineries, four steam crackers and a number of downstream production facilities. the Port of Antwerp can be defined as a diversified cluster.
The Port of Antwerp is also a main port. In 2007 Antwerp Port Operators handled almost 183 million tons of liquid bulk, dry bulk, containers and general cargo. Thanks to the recently opened Deurganck Dock, the Port of Antwerp expanded its container handling capacity by more than 7 million TEU and thus doubling its current capacity. On the liquid bulk side, the Port is also doubling its storage capacity thanks to expansions of the existing independent tank storage operators in combination with the settlement of four new terminals. These investments ensure congestion free terminals and a smooth and swift transfer to the European market.
Antwerp welcomes 1 billion dollar investment by ExxonMobil
The American oil giant ExxonMobil is to invest more than 1 billion dollars in its refinery in the port of Antwerp. The investment demonstrates ExxonMobil’s confidence in the port of Antwerp and in the European industry.
Belgium is main EU distribution hub for chemicals from Middle East
Belgium is the most important European distribution hub for chemicals from the Middle East, according to a report published at the end of 2013 by the Gulf PetroChemical Association. In fact Belgium’s share of GPCA exports to Europe has more than doubled since 2002.