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COSCO vessel delivers 60-meter furnace to Antwerp port

On 15 January, the COSCO SHIPPING vessel “Zhi Yuan Kou” delivered a colossal furnace, towering 60 meters high, from Thailand to the port of Antwerp-Bruges in Belgium.

This furnace is a critical component of INEOS’s Project ONE, a state-of-the-art ethane cracker designed to transform ethane into ethylene—an essential building block in the chemical industry. Ethylene serves as a raw material for a wide array of applications, including automotive parts, medical devices, and sustainable energy solutions.

Accompanying the furnace were several pipe racks to support pipelines and equipment. These deliveries form just a small part of the larger effort. In June, a splitter—a key project component—was also unloaded at the PSA Breakbulk terminal by Gosselin, which oversees logistics and storage for Project ONE.

Gosselin’s role includes managing transportation, on-site movements, assembly, inspections, and value-added services.

Furthermore, the ethane cracker, expected to become operational by mid-2026, marks the largest investment in the European chemical sector since 2000, promising around 450 new jobs. Notably, it will produce half the CO2 emissions of the least polluting 10% of existing crackers. The foundation stone for this milestone project was laid on 15 December 2022.





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