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.
New plants and plant expansions in 2024 across Europe.
Plant and project location data provided by chemXplore Alpha.
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 76 projects were completed.
Find out more details with chemXplore Alpha.
Number of projects that target the production of these chemical substances. In addtion to targeting the production of substances, there are also 4 projects aiming to capture & store carbon dioxide (CCS).
Most targeted substances include 1,3-Butadiene , Ethylene , Hydrogen , Nitrogen , Methanol , Natural gas , Propylene , PET , Terephthalic acid , and Ethanol .
Top 7 companies involved as owner and/or investor in a project:
Solvay , Tessenderlo , Sinopec , Arkema , TotalEnergies , BASF , Evonik , WACKER , Kuraray , and AkzoNobel .
Countries ordered by estimated number of projects completed throughout 2024. The top 7 consists of The Netherlands , Germany , France , Spain , Belgium , Finland , and Switzerland .
Many projects are located on a chemical park or cluster. This is the top 5 with the highest number of projects completed in 2024:
Chemmed Cluster Tarragona, Port Of Antwerp, BASF SE, Ludwigshafen, Stade, Chempark Leverkusen Currenta, Chemelot, and Leuna Chemical Complex.
Companies awarded contracts for design, engineering or construction (FEED, EPC, EPCI) of the projects, sorted by number of projects:
The average investment value per project.
