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Port of Antwerp to have new petrochemical plants

Ineos, a London-based chemicals company, opted for Port of Antwerp in Belgium, to use as a location to built two new petrochemical plants. The plan is based on a 3 billion euros investment and is to create 400 new jobs directly and five times that number indirectly, according to the port's statement. The company aims to construct a propane dehydrogenation unit and an ethane cracker in Northwest Europe.

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