European Chemical Industry News & Insights

QCP Invests €75M in Circular Polymer Plant at Chemelot

At a glance
  • The plant will have a nameplate capacity of 100,000 tons per year, realized in three phases.
  • The total investment is €75 million, with €35 million for the first phase, going live by end of 2015.
  • QCP will create up to 100 direct jobs and 200-300 indirect jobs.
  • Focus will be on producing polypropylene (PP) and polyethylene (PE).

Investment and Capacity

QCP is investing €75 million in a circular polymer plant at Chemelot, with a nameplate capacity of 100,000 tons per year. The investment will be executed in three phases, with €35 million allocated for the first phase, which is planned to go live by the end of 2015.

Job Creation

The project is expected to create up to 40 direct jobs during the first phase, growing to 100 direct jobs after the completion of all three phases. Additionally, 200 to 300 indirect jobs are anticipated to be generated.

Focus on Key Polymers

The plant will primarily focus on producing polypropylene (PP) and polyethylene (PE), two of the main plastics used in various applications.

Strategic Partnerships

SITA, part of SUEZ ENVIRONNEMENT, will supply used plastics, ensuring reliable raw material integration. This partnership aims to support the development of high-quality, sustainable end products.

Location and Support

The plant will be located at the Chemelot site, benefiting from on-site utilities, direct access to Chemelot Campus, and proximity to the main customer and supply base. The investment is supported by local investors and Chemelot Ventures, with significant backing from LIOF.