Port of Rotterdam signs agreement for waste-to-chemical facility

A consortium of Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam have agreed to develop a €200-million waste-to-chemistry facility in Rotterdam to convert non-recyclable mixed waste, including plastics, into clean methanol for use in the chemical industry. Dutch Rabobank has been appointed as the lead advisor for the financing process. The project is supported by the city of Rotterdam, the Province of Zuid-Holland and regional development agency InnovationQuarter.