€1.5 Million Grant Propels BlueAlp and LBC Tank Terminals Toward Industrial-Scale Chemical Recycling
€1.5 million grant supports FEED phase of advancing industrial-scale chemical recycling and value chain integration.
BlueAlp and LBC Tank Terminals have been awarded a €1.5 million grant from the European Union’s Just Transition Fund (JTF) through the JTF Rijnmond program to support the Front-End Engineering Design (FEED) phase of their planned large-scale chemical recycling plant in the Rotterdam region.
The FEED study will cover technical feasibility, detailed engineering, logistics, site implementation, terminal integration, permitting and financing.
As Europe’s largest tank storage operator for pyrolysis oil, LBC provides direct access to critical infrastructure within the Port of Rotterdam.
Co-locating BlueAlp’s chemical recycling process plant at LBC’s existing terminal site is expected to create significant synergies, including heat integration and transport optimization, further reducing CO₂ emissions and strengthening project economics.
The EU Just Transition Fund supports regions in accelerating the transition toward climate neutrality by fostering sustainable industrial development, innovation, and investment, in line with EU Cohesion Policy.
Valentijn de Neve, CEO of BlueAlp, says, “I am very proud of our collaboration with LBC Tank Terminals. Together, we are developing a highly competitive project that represents a step change in both economics and environmental footprint, driven by the benefits of integration. The support from the Just Transition Fund Rijnmond enables us to advance this project in response to Europe’s growing regulatory demand.”
Radboud Godron, Group Business Development Director New Energies of LBC Tank Terminals, adds, “We are pleased to support BlueAlp in advancing this important project and welcome the recognition from the Just Transition Fund Rijnmond. This collaboration reflects LBC’s commitment to enabling circular solutions by leveraging our existing infrastructure and capabilities. By integrating BlueAlp’s chemical recycling technology within our Rotterdam terminal site, we are taking a concrete step toward scaling sustainable value chains and contributing to Europe’s transition toward a low-carbon and circular economy.”
