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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.

This innovative project shows once again that our companies are very much part of the solution, especially when they come together and collaborate as here in the port of Antwerp.""I am very glad that Port of Antwerp has taken on this role.For instance, ENGIE will contribute its knowledge of the electricity market, Oiltanking will give advice on the logistical aspects of methanol production and storage, while Indaver will offer expertise on collection of CO2.Helm-Proman is involved with a view to finding markets for the methanol that is produced, VMH will be responsible for at least part of the financing, while Port of Antwerp will act as a bridge between the public and private sectors.This is a new step in the direction of an integrated, efficient port by creating a closely-knit port community that works across boundaries between industrial activities.Each partner has its own particular role to play in this project.

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Pilot project aims for 4,000 to 8,000 tonnes of sustainable methanol per year Port of Antwerp is starting the year with an ambitious new project.