09 Jun 2022 --- Belgian authorities have greenlit a massive petrochemical expansion in the port of Antwerp, where Ineos plans to build an ethane cracker for plastics production. Environmental activists and financial analysts are attempting to block authorization and encourage divestment from the project, arguing it is neither environmentally nor economically sustainable. Ineos’ Project One would be the biggest industrial chemical investment in Europe in the past 20 years and, according to the company, make the EU competitive again with regions like Asia and the US, where development has driven ahead.
