Sector News

Port of Antwerp launches search for investors in circular economy hub focused on chemicals sector

October 5, 2020
Chemical Value Chain

A potential circular economy hub aimed specifically at the chemical and manufacturing industries is being studied by Port of Antwerp, Belgium.

The proposed site, named NextGen District, covers 88 hectares. Port of Antwerp says it is launching a consultation phase to find investors “within the circular processing and manufacturing industry who intend to further develop the site in order to contribute to the transition to a climate-neutral society.” The port says the consultation “specifically concerns candidates with core activities within the circular processing industry [primarily chemical processes] and the manufacturing industry.”

The area was formerly used by General Motors, with the port authority describing it as one of the last remaining available large sites in the port close to Europe’s largest chemical cluster. The industrial site is planned to be where end-of-life products will be reused, circular carbon solutions researched, and experiments conducted with renewable energy, it says. Room will also be allocated for relevant startups and “free-standing plots of various sizes aimed at chemical and industrial players.”

Efforts will be made to reduce carbon dioxide emissions and transition to alternative energy sources through projects such as generating renewable energy; using residual heat; and importing, storing, and converting hydrogen into building blocks for the chemical sector, it says.

“Port of Antwerp is home to the largest integrated cluster in Europe. We intend to strengthen, anchor, and support this cluster in the transition to a carbon-neutral and circular economy,” says Jacques Vandermeiren, the port’s CEO. “The energy transition and the circular economy were at the top of the agenda before the pandemic, and still are today,” he says.

By: Mark Thomas

Source: Chemical Week

Join the discussion!

Your email address will not be published. Required fields are marked *

Related News

January 17, 2021

Neste and Avfuel join forces for U.S. sustainable fuel supply 

Chemical Value Chain

Neste will provide Avfuel with SAF in volumes able to meet the growing demands of Avfuel’s customers, including fixed base operators (FBOs), airports, flight departments, original equipment manufacturers (OEMs) and commercial operators.

January 17, 2021

Borealis and Tomra start up advanced recycling plant in Germany 

Chemical Value Chain

Operation of the plant is a joint enterprise between Borealis, TOMRA and Zimmermann. Borealis is responsible for the plant’s commercial success and contributes its expertise and knowledge in innovation, recycling and compounding.

January 17, 2021

Johnson Matthey appoints Stephen Oxley as Chief Financial Officer

Chemical Value Chain

Johnson Matthey announces that Stephen Oxley will join the company’s board on 1st April 2021 as Chief Financial Officer (CFO).

Send this to a friend