Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/total-completes-the-upgrade-of-its-largest-refinin.shtmlTotal Completes the Upgrade of Its Largest Refining and Petrochemicals Platform in EuropeTotal has inaugurated the new units at its Antwerp integrated refining and petrochemicals platform, which have progressively started up in the last few months.
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Total has inaugurated the new units at its Antwerp integrated refining and petrochemicals platform (photo: Michel LABELLE/Total)
Total has inaugurated the new units at its Antwerp integrated refining and petrochemicals platform, which have progressively started up in the last few months. This event marks the completion of the upgrade program launched in 2013 of one of the largest and most efficient integrated refining & petrochemicals platforms in Europe. Thus, the company has invested more than EUR 1 billion to further improve the competitiveness of this major site located in the heart of Europe’s main markets. Two key projects were completed:
“This major project is a perfect example of our strategy, which is to constantly strengthen the industrial competitiveness of our major integrated platforms to position them among the industry’s best,” explains Bernard Pinatel, President, Total Refining & Chemicals. “It also illustrates our ambition in petrochemicals, where we aim to capitalise on the market’s growth by processing low-cost feedstock. Antwerp’s steam crackers will now be able to process up to 60% advantaged feedstock derived from gas, which are cheaper than naphtha, derived from oil.” Total also announced a logistics project last August to connect the platform to the neighboring storage terminal via a new pipeline and the expansion of the terminal’s capacities to maximise product value. |