European Chemical Industry News & Insights

Year in Review: European chemical industry 2023

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This report presents a visual overview of developments in the European chemical industry in 2023, highlighting new construction and expansion projects. It details the involved companies, target substances, and countries where these developments took place.

Project locations

A map displaying all new construction and expansion projects to be completed in 2023.

New plants and plant expansions in 2023 across Europe.

Plant and project location data provided by chemXplore Analytics.

Categories

Each project is labeled with one or more categories or sectors based on their target chemical processes. As can be seen from the chart, biobased & circular and energy related investments clearly outnumber other categorie in 2023.

A estimated total of 71 projects were completed.

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New construction vs expansion

  • New construction: 41
  • Expansion: 29

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Target substances top 10

Number of projects that target the production of these chemical substances. In addtion to targeting the production of substances, there are also 1 projects aiming to capture & store carbon dioxide (CCS).

Most targeted substances include Propylene Propylene, Ammonia Ammonia, Polypropylene Polypropylene, Lithium Lithium, Battery Black-mass Battery Black-mass, Hydrogen Hydrogen, Methanol Methanol, PET PET, Biodiesel Biodiesel, and Methane Methane.

Owners & Investors

Countries top 7

Countries ordered by estimated number of projects completed throughout 2023. The top 7 consists of Germany Germany, The Netherlands The Netherlands, France France, Belgium Belgium, Sweden Sweden, Poland Poland, and Spain Spain.

Chemical clusters

Many projects are located on a chemical park or cluster. This is the top 5 with the highest number of projects completed in 2023:

BASF Schwarzheide GmbH, Ghent Industrial zone, Chemmed Cluster Tarragona, Port Of Antwerp, BASF SE, Ludwigshafen, Chemelot, and Leuna Chemical Complex.

Engineering & Construction top 7

Companies awarded contracts for design, engineering or construction (FEED, EPC, EPCI) of the projects, sorted by number of projects:

Average Investment Amount

€ 360 mln

The average investment value per project.

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