Terminal News

Blue Circle Olefins Signs Option & Service Agreement With Chane

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Kate Rainford

Kate is our deputy editor at Tank Storage Magazine

Blue Circle Olefins and Chane have signed an agreement for co-siting and logistic services for its 200 kton olefins production facility at Chane’s Terminal Nieuwe Maas in the Port of Rotterdam. This agreement formalises a strategic partnership between the companies and provides Blue Circle Olefins with an excellent location to develop the circular Methanol to Olefins (MTO) production facility in Rotterdam benefitting from Chane’s professional logistic services and storage facilities for, among others, renewable methanol feedstocks.

Ralph Koekkoek, CEO of Blue Circle Olefins, says: ‘We are very pleased to partner with Chane for our ProjectNL in Rotterdam, securing an outstanding location for the development and operation of our MTO facility. After a comprehensive evaluation of potential sites, we are confident this location offers the optimal conditions for the project. We are particularly enthusiastic about the synergies available at Chane’s site and its close proximity to our clients in the Port area. This partnership represents an important milestone in our journey, enabling us to move forward with site-specific engineering.’

Fabian Ziegler, CEO of Chane, comments: ‘This agreement demonstrates how Chane’s terminal infrastructure can support the development of new industrial projects. By hosting Blue Circle Olefins at Chane’s Terminal Nieuwe Maas in the Port of Rotterdam, we are providing a well-connected site with the logistics, storage and operational services required to integrate methanol-based feedstocks efficiently into existing port infrastructure. We look forward to supporting Blue Circle Olefins as the project advances into the next development phase.’

Boudewijn Siemons, CEO of Port of Rotterdam. adds: ‘The Port of Rotterdam is facing a unique challenge with the transition to a sustainable port taking centre stage while available space is becoming increasingly scarce. It is therefore excellent news that Blue Circle Olefins has found the right location at the Chane site for the further development of its circular methanol-to-olefins plant. This underlines the strength of the highly integrated Rotterdam port industrial cluster, where companies can collaborate intensively and benefit optimally from each other thanks to their proximity.’

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