Project ONE will be the ethane cracker with the lowest carbon footprint in Europe. Moreover, by using state-of-the-art technologies, our plant will also shift the standard for all steam crackers. How that works is explained by Jonas Byns, Project ONE’s lead process engineer, in this video. Project ONE will become the most energy-efficient production site in Europe, with a substantially lower carbon footprint, and will generate one and a half million tonnes of ethylene-the key building block of the chemical industry-with less than half the CO2 emissions compared to the current 10% best European crackers.
Comparing the Project ONE ethane cracker with all other European crackers within the European Emission Trading System (ETS), we literally see the standard shifting. In the steam cracker category, Project ONE emits 0.29 tonnes of CO2 per tonne of product, putting it at 43% of the ‘benchmark’ (0.68 tonnes). The benchmark is determined by the 10% best-performing production sites. Once our ethane cracker is operational, it will affect the benchmark, which will encourage other players to make additional sustainable investments or they will have to pay more for emission rights.