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INEOS Secures €3.5 billion financing for project one – The greenest cracker in Europe.

INEOS Olefins Belgium has today announced it has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe.

Project ONE will be the lowest carbon footprint ethane cracker in Europe

Giant Project ONE plant module makes remarkable passage to port of Antwerp

First furnaces for INEOS’ ethane cracker arrive at Project ONE site

INEOS joins forces with Mourik-Aertssen Infra for preparatory/civil engineering works Project ONE

Earthmoving and dewatering works Project ONE entrusted to Antwerp joint venture

INEOS secures €3.5 billion financing for Project ONE – the greenest cracker in Europe

INEOS secures €3.5 billion financing for Project ONE – the greenest cracker in Europe

Province of Antwerp grants INEOS Olefins Belgium permit for Project ONE

Today the deputation of the Province of Antwerp granted the environmental permit to INEOS Olefins Belgium for the realisation of Project One. This is an important step towards the construction and operation of the most environmentally sustainable steam cracker in Europe.

Province of Antwerp grants INEOS Olefins Belgium permit for Project ONE

Flemish Minister of Environment Zuhal Demir grants INEOS Olefins Belgium permit for Project ONE

Green light for construction of ethane cracker with lowest carbon footprint in Europe

Giant Project ONE plant module makes remarkable passage to port of Antwerp

INEOS has received the module containing the first two furnaces destined for Project ONE’s new ethane cracker at the quay of the construction site in Lillo, Antwerp. The arrival of this module is an important milestone in the realisation of INEOS’ investment in a new chemical plant in Antwerp. The furnaces form the heart of the ethane cracker under construction: in the furnace section, ethane is converted to ethylene by bringing the ethane to a high temperature in the presence of steam.

Project ONE given green light to build Europe's most sustainable cracker

The granting of an environmental permit for Project ONE opens the way for the construction and operation of Europe's most sustainable ethane cracker. The proposed ethane cracker in the port of Antwerp is the most sustainable of its kind: the carbon emissions of the cracker are as much as three times lower than the average European cracker, thanks to the application of best available techniques and maximum energy efficiency.