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Chemical Week Magazine :: Companies
European Consortium Scraps Plans to Build Propylene Pipeline
1:07 PM MDT | August 6, 2007 | Chemical Week Editorial Staff
A consortium of eight companies has abandoned plans to construct a propylene pipeline linking Rotterdam and Antwerp with the Ruhr region of Germany (CW, Nov. 30/Dec. 7, 2005, p. 21). “Rising project investment costs have made the proposition uneconomical,” says the consortium, European Pipeline Development Co. (EPDC; Sittard, the Netherlands). “Costs have been impacted by escalating steel line pipe prices and a tight pipeline construction market, as well as increasing financing costs.” Estimates of utilization levels for the planned...
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