Inglis is building a $3.4 billion chemical facility in Antwerp

Inglis is planning to build a new propane dehydrogenation (PDH) unit and an ethane cracking unit in the Belgian port of Antwerp.
3 billion euros ($3.4 billion) to convert propane into propylene and ethylene, which will be used as raw materials for chemical products in various industries.
the investment is part of the company's massive investment plan to expand its chemical production facilities
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naturally, good news is that Ineos has chosen our port for this significant new investment," said Jacques Vandermeiren, executive director of the Port Authority of Antwerp. This shows once again that we are very attractive to international investors as an integrated chemical cluster in Europe. In
addition, propylene and ethylene are the starting points for many other processes, so the production of these basic ingredients will further strengthen our position as raw materials in the chemical industry and even in many other industries in our country. The
investment has attracted more than 5 billion euros in new capital spending to Antwerp last year. The
plant will be built at Inglis' existing site in Lilo. Once commercial operations begin in 2024, these new facilities are expected to create 400 new business opportunities in the region.
construction, the project is expected to provide employment opportunities for approximately 3,000 people.
, executive and chairman of Inglis, said: "Our investment in the ethane fracturing and PDH plant is the largest of its kind in Europe in more than a generation. Therefore, this is a major development of the European petrochemical industry. We
that this investment can reverse the decline of the European chemical industry in recent years. "