| STANDARD PORT FREE TIME REDUCED Dammam, Saudi Arabia |
| PARTNERS START FINANCING WASTE-TO-CHEMISTRY PROJECT Rotterdam, The Netherlands |
| Standard port free time reduced |
| Monday, February 26, 2018, Dammam, Saudi Arabia |
| With reference to the circular no – 16/02/10259 from Dammam Port Management, dated 26/04/1439, please note that standard port free time at sea port is reduced from 10 days to 5 days – effective 1 March 2018.
(For information about operations at Dammam contact GAC Saudi Arabia at shipping.dammam@gac.com) Source: Hutchison Ports Dammam News Release dated 25 February 2018 |
| Partners start financing waste-to-chemistry project |
| Monday, February 26, 2018, Rotterdam, The Netherlands |
| A consortium of companies comprising Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam Authority has signed a development agreement for the initial investments in an advanced waste-to-chemistry plant in Rotterdam. The aim is that this will be the first plant of this type in Europe to offer a sustainable alternative for waste incineration, by converting plastic and mixed waste into new raw materials for industry…
…The consortium is aiming for the project’s final investment decision, estimated at € 200 million, to be taken later this year and has appointed Rabobank as adviser for the financing process… …The plant will be able to process 360,000 tonnes of waste into 220,000 tonnes or 270 million litres of ‘green’ methanol. This is more than the total annual waste from 700,000 households and reduces CO2 emissions by approximately 300,000 tonnes… …The plant is being realised in Port of Rotterdam’s Botlek area, using exclusive technology from Canadian company Enerkem. Non-recyclable mixed waste, including plastic, will first be processed into synthetic gas and then into clean methanol for the chemical industry and the transport sector. Currently, methanol is usually produced from natural gas or coal. The plant will be equipped with two production lines. This is double the capacity of the large-scale Enerkem plant in Edmonton, Canada. (For information about operations in Rotterdam contact GAC Netherlands at agency.rotterdam@gac.com) Source: Extract from Port of Rotterdam (www.portofrotterdam.com ) press release dated 19 February 2018 |
