Flemish Minister of Environment Zuhal Demir has granted the environmental permit to INEOS Olefins Belgium for Project One, said the company.
This clears the way for the construction and operation of the most sustainable steam cracker in Europe. Preparatory works for the construction are anticipated to start this summer.
In developing this production site in Antwerp, INEOS Olefins Belgium will comply with the most stringent environmental regulations. The site will contribute to the renewal and sustainability of the chemical cluster in Flanders. The ethane cracker of Project ONE will have the lowest carbon footprint in Europe: three times lower than the average European steam cracker and less than half of that of the 10% best performers in Europe.
John McNally, CEO INEOS Project ONE, stated: I would like to thank the Minister for her decision. In doing so, Flanders is showing that it is supportive of sustainable investments and economic growth. We have set the bar high and submitted a solid and comprehensive permit. I am proud for our entire team that these efforts have been rewarded with a favourable decision. The urgency of tackling the climate problem is now clear to everyone. With Project ONE, we do not want to stand on the sidelines as an industrial player, but want to make a fundamental difference now. By consistently opting for the best available technologies in our design, we are establishing a new environmental standard within our sector.
As per MRC, INEOS Styrolution, the global leader in styrenics, has announced the introduction of its new Styrolution® PS ECO 260 MR85 grade containing mechanically recycled post-consumer waste. This grade is available across markets in Asia at commercial scale with immediate effect. The new Styrolution PS ECO 260 MR85 contains 85 percent recycled post-consumer content from waste electrical and electronic equipment (WEEE). It offers identical mechanical properties as virgin HIPS equivalent, including very good mechanical performance, consistency and high fluidity, making it an excellent drop-in solution for application developers in the household and electronics industries.
We remind that in April 2021, INEOS Styrolution, Recycling Technologies and Trinseo announced that they had reached a significant milestone in their plans to build commercial polystyrene (PS) recycling plants in Europe. Recycling Technologies has been selected as the technology partner.
INEOS Styrolution is the leading global styrenics supplier, with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 90 years of experience, INEOS Styrolution helps its customers succeed by offering solutions, designed to give them a competitive edge in their markets. At the same time, these innovative and sustainable best-in-class solutions help make the circular economy for styrenics a reality. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys/sports/leisure. In 2020, sales were at 4 billion euros. INEOS Styrolution employs approximately 3,600 people and operates 20 production sites in ten countries.
mrchub.com