Year in Review: European chemical industry 2024

This report presents a visual overview of developments in the European chemical industry in 2024, 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 2024.

New plants and plant expansions in 2024 across Europe.

Plant and project location data provided by chemXplore Alpha.

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 2024.

A estimated total of 74 projects were completed.

Find out more details with chemXplore Alpha.

New construction vs expansion

  • New construction: 45
  • Expansion: 28
  • Revamp: 0
  • Conversion: 0

chemXplore Alpha

Get ahead in the European chemical industry
Use chemXplore Alpha for advanced research

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 3 projects aiming to capture & store carbon dioxide (CCS).

Most targeted substances include Hydrogen , Polyethylene , Carbon dioxide , Lithium hydroxide , Propylene , PET , Ammonia , Biodiesel , Polypropylene , and Nickel .

Owners & Investors

Top 7 companies involved as owner and/or investor in a project:

BASF , Repsol , TotalEnergies , Dow Chemical , MOL Group , CordenPharma , Evonik , WACKER , Shell , and SAS Chemicals GmbH .

Countries top 7

Countries ordered by estimated number of projects completed throughout 2024. The top 7 consists of Germany , The Netherlands , France , Belgium , Spain , Hungary , and Ireland .

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 2024:

Port Of Antwerp, BASF SE, Ludwigshafen, Kokkola Industrial Park, Port of Rotterdam, Chemmed Cluster Tarragona, Saltend Chemicals Park, and Stade.

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

€ 170 mln

The average investment value per project.

chemXplore Alpha

Get ahead
Use chemXplore Alpha