en.Wedoany.com Reported - BlueAlp and LBC Tank Terminals have received a €1.5 million grant through the JTF Rijnmond program under the EU Just Transition Fund for the front-end engineering design (FEED) phase of a planned large-scale chemical recycling plant in the Rotterdam region.

The FEED study supported by this funding will cover technical feasibility, detailed engineering, logistics, site implementation, terminal integration, permitting, and financing of the proposed plant.

LBC has direct access to key infrastructure at the Port of Rotterdam and is the largest operator of pyrolysis oil storage tanks in Europe. BlueAlp's process adopts a co-location layout with LBC's existing terminal site, which is expected to reduce CO₂ emissions and enhance project economics through synergies such as heat integration and transport optimization.

BlueAlp CEO Valentijn de Neve stated that the collaboration with LBC advances both economic and environmental footprints through integration, creating a competitive project, and that JTF support enables progress in addressing European regulatory demands. LBC's Radboud Godron noted that the partnership leverages existing infrastructure to expand the sustainable value chain, contributing to Europe's transition toward a low-carbon and circular economy.

The project is co-financed by the European Union through the Just Transition Fund (JTF) 2021-2027 Rijnmond program.

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