EC endorses support of ethylene pipeline to Bavaria
13 Oct '06
3 min read
The German authorities, supported by the industry, pointed out that the Bavarian pipeline would form a crucial connection between existing networks and various 'islands of industry', as well as between Western Europe and further pipelines in Central and Eastern Europe.
They also presented a revised project with a lower aid amount (€44.85 million for revised investment costs of €150 million) and intensity (maximum 29.9%). The Commission further took into account that the pipeline will be operated in compliance with the principles of common carrier, open access, non-discrimination and minimum profit.
The project relates to a 357km long pipeline for the transport of ethylene between Ludwigshafen (Rheinland-Pfalz) and Münchsmünster (Bavaria). Ethylene is a highly hazardous olefin gas derived from petroleum and used for the production of polymers and, subsequently, plastics.
The beneficiary of the grant will be Ethylene Pipeline Süd GmbH & Co KG, a consortium of BASF AG, Borealis Polymere GmbH, Clariant GmbH, OMV Deutschland GmbH, Ruhr Oel GmbH, Vinnolit Gmbh&Co KG and Wacker Chemie GmbH, which are all active in Bavaria.
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