Ineos to build 'largest' butane storage tank in Europe

摘要

Ineos is set to build "the largest butane storage tank ever built in Europe" at Belgian port of Antwerp. The company had signed an agreement with the Oiltanking Antwerp Gas Terminal (OTAGT) to build the 135,000 cubic-metre fully refrigerated tank, which is expected to come on stream in 2019.The tank, said Ineos, will allow it to import butane, a feedstock for production of butadiene, from the US, and world markets in VLGC carriers. From there, the it will supply the "competitive raw material" to its plants at Cologne, Germany, while also having the opportunity to trade butane in Europe.