INEOS has awarded Técnicas Reunidas a contract for the project management, engineering, procurement and construction management and supervision services for a world-scale ethylene plant in Europe.
The facility, to be built in the Belgian port of Antwerp, will have a production capacity of 1.5 million tons per year. Start-up of the facility is expected in 2026.
INEOS will invest 3,000 – 4,000 million euros in this project.
The advanced technology applied in its development will make it the most energy-efficient and environmentally sustainable facility of its kind in Europe.
For the development of the project, the company will mobilize a highly qualified team that will reach a peak of 450 professionals in Madrid.
In addition, Técnicas Reunidas will mobilize a peak of 225 professionals for construction supervision to the Antwerp site and also to the center where the construction of the large-scale modules, designed by Técnicas Reunidas, will be carried out.
This project is a milestone in the European chemical sector due to its size, its advanced technology and its contribution to the energy transition.