BlueAlp and LBC Tank Terminals have successfully secured a €1.5 million grant from the European Union’s Just Transition Fund (JTF), channelled through the JTF Rijnmond programme, to advance the Front-End Engineering Design (FEED) phase of their proposed large-scale chemical recycling facility in the Rotterdam region.
The FEED study will encompass technical feasibility, detailed engineering, logistics, site implementation, terminal integration, permitting and financing — laying the groundwork for what promises to be a landmark project in sustainable industrial development.
As Europe’s leading tank storage operator for pyrolysis oil, LBC brings direct access to vital infrastructure within the Port of Rotterdam. By co-locating BlueAlp’s chemical recycling plant at LBC’s established terminal site, the partnership is expected to unlock considerable synergies, including heat integration and transport optimisation, driving down CO₂ emissions while strengthening the overall project economics.
The EU Just Transition Fund is designed to support regions across Europe in accelerating their path toward climate neutrality through sustainable industrial development, innovation and strategic investment, in alignment with EU Cohesion Policy.
Valentijn de Neve, CEO of BlueAlp, commented: “We are incredibly proud of our collaboration with LBC Tank Terminals. Together, we are building a highly competitive project that represents a transformative shift in both economics and environmental impact, driven by the power of integration. The support from the Just Transition Fund Rijnmond allows us to push this project forward in response to Europe’s rapidly growing regulatory demand.”
Radboud Godron, group business development director — New Energies at LBC Tank Terminals, added: “We are delighted to support BlueAlp in progressing this vital project and warmly welcome the recognition from the Just Transition Fund Rijnmond. This collaboration is a clear reflection of LBC’s commitment to enabling circular solutions by leveraging our existing infrastructure and expertise. By integrating BlueAlp’s chemical recycling technology within our Rotterdam terminal, we are taking a meaningful and concrete step toward scaling sustainable value chains and contributing to Europe’s transition to a low-carbon, circular economy.”
This project is co-funded by the European Union through the Just Transition Fund (JTF) Rijnmond programme 2021–2027.
For more information visit www.lbctt.com
