Netherlands-based Blue Circle Olefins has signed an agreement with European storage and logistics provider Chane to site its planned methanol-to-olefins (MTO) production facility at Chane's Terminal Nieuwe Maas in the Port of Rotterdam.
The companies said Chane will also provide logistics services to the MTO plant and storage facilities for renewable methanol feedstocks.
The 200,000t MTO facility will manufacture ethylene and propylene from green methanol, made from mixed plastic waste or agricultural and forestry residue. The facility is scheduled to start production by 2030.
