What is the latest status of the project “INEOS Project ONE Petrochemical Facility”?

The status recorded for “INEOS Project ONE Petrochemical Facility” is planned.

What is the budget and commercial profile for the project “INEOS Project ONE Petrochemical Facility”?

Taiyo normalizes the budget of “INEOS Project ONE Petrochemical Facility” to USD 4846882300.

Where can I verify the source and access all details for “INEOS Project ONE Petrochemical Facility”?

This Taiyo project page references Hydrocarbon Processing along with the original URL (https://www.hydrocarbonprocessing.com/news/2026/04/sir-jim-ratcliffe-will-ineos-project-one-be-europe-s-last-investment-in-the-petrochemicals-industry/). Taiyo standardizes official data into a consistent, searchable project profile.

INEOS Project ONE Petrochemical Facility

Sector: Chemical (Industrial) • Location: Antwerp, Belgium

Source: Hydrocarbon Processing

Project

Planned

INEOS is investing €4.5 billion in a world-scale, state-of-the-art petrochemical facility in Antwerp that will reduce CO2 emissions by two thirds compared to the average cracker in Europe. This new cracker will be the most energy efficient in Europe for ethylene production, supporting critical sectors such as healthcare, food, energy, and defense. It is the only new cracker to be built in Europe i

Status: Prospective
Sector: Chemical (Industrial), Aerospace & Defense, Manufacturing (Industrial)
Location: Antwerp, Belgium
Updated: 22 Jul 2026
Source: Hydrocarbon Processing

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Project Information

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The project “INEOS Project ONE Petrochemical Facility” is an infrastructure initiative in the Chemical (Industrial) sector, located in Antwerp, Belgium. Taiyo aggregates data on it from Hydrocarbon Processing.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	INEOS is investing €4.5 billion in a world-scale, state-of-the-art petrochemical facility in Antwerp that will reduce CO2 emissions by two thirds compared to the average cracker in Europe. This new cracker will be the most energy efficient in Europe for ethylene production, supporting critical sectors such as healthcare, food, energy, and defense. It is the only new cracker to be built in Europe in 30 years, aiming to enhance European competitiveness and secure strategic raw materials supply.
Original sector	Petrochemicals
Budget

Location

Country	Belgium
City	Antwerp

Source

Source	Hydrocarbon Processing
URL

More Details

Record type	Project
Sector	Chemical (Industrial), Aerospace & Defense, Manufacturing (Industrial)
Article published date	2026-04-26

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INEOS Project ONE Petrochemical Facility

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