LBC Tank Terminals and BlueAlp gain JTF funding for chemical recycling plant

James Spargoby James Spargo
LBC Tank Terminals and BlueAlp gain JTF funding for chemical recycling plant

BlueAlp and LBC Tank Terminals have been awarded a €1.5 million grant from the EU’s Just Transition Fund (JTF) through the JTF Rijnmond programme, enabling the front-end engineering design (FEED) phase of a planned large-scale chemical recycling plant.

Situating BlueAlp’s chemical recycling process plant at LBC’s existing Rotterdam site will create opportunities in heat integration and transport optimisation, reducing CO2 emissions and strengthening project economics. The FEED phase will look at technical feasibility, detailed engineering, logistics, site implementation, terminal integration, permitting and financing.

Valentijn de Neve, CEO of BlueAlp, says, ‘I am very proud of our collaboration with LBC Tank Terminals. Together, we are developing a highly competitive project that represents a step change in both economics and environmental footprint, driven by the benefits of integration. The support from the JTF Rijnmond enables us to advance this project in response to Europe’s growing regulatory demand.’

Radboud Godron, group business development director new energies of LBC Tank Terminals, adds, ‘We are pleased to support BlueAlp in advancing this important project and welcome the recognition from the JTF Rijnmond. This collaboration reflects LBC’s commitment to enabling circular solutions by leveraging our existing infrastructure and capabilities. By integrating BlueAlp’s chemical recycling technology within our Rotterdam terminal site, we are taking a concrete step toward scaling sustainable value chains and contributing to Europe’s transition toward a low-carbon and circular economy.’





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