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This is yet more confirmation of the port's power of attraction for big investors. Lines, will team up with SEA-Invest to build a tank storage terminal in the port of Antwerp.
Methanol can also be used in the future as a sustainable fuel in its own right, with minimum emissions of harmful substances, to power e.g. Indeed Port of Antwerp has the ambition of introducing a first methanol-powered tug in the near future.Methanol is the starting point for all sorts of chemical processes used on a daily basis by the industrial players in the port.The port of Antwerp uses around 300,000 tonnes of methanol annually for chemical processes and fuel production: everything from insulation panels to fuel additives.The new investment is expected to create 100 direct jobs.The tank terminal will be located on a 45 hectare site in the Delwaide dock.