Newcomer Vioneo plans to produce plastics from green methanol on a large scale in Antwerp. The strict environmental regulations in Europe are actually an advantage. ‘It supports our business case.’

While chemical companies are cutting back on investments, abandoning new projects and closing factories en masse, there are also some positive developments. Vioneo plans to build a factory in Antwerp with the capacity to produce 300,000 tonnes of green plastics per year. Founded in 2023 by logistics giant A.P. Moller, the newcomer plans to produce polypropylene and LDPE using green methanol as a raw material.