TotalEnergies to shut ethylene unit in Antwerp amid European overcapacity

TotalEnergies’ Antwerp platform plans to end operations of one steam cracker by late 2027, while continuing investments in green hydrogen and sustainable fuels.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

TotalEnergies has announced a major reconfiguration plan for its industrial platform in Antwerp, Belgium, aimed at enhancing competitiveness in the evolving petrochemical market. The site, operational for more than 75 years, is a strategic facility for the group’s refining and petrochemical operations in Europe.

Closure driven by declining ethylene offtake

TotalEnergies plans to shut down its oldest steam cracker at the Antwerp site by the end of 2027. This decision follows the termination of a long-standing contract with a third-party customer that previously consumed a significant portion of the unit’s ethylene output. As the cracker is not integrated with the group’s polymer production lines, it no longer has internal industrial outlets.

The company stated that the closure will be implemented without any job losses. The 253 affected employees will be offered either retirement options or internal transfers to other roles within the Antwerp site, as part of a legally required consultation process with employee representatives starting in late April.

Site modernisation and new energy investments

In parallel with the closure, TotalEnergies is advancing a series of projects to align the Antwerp platform with future industry requirements. The company has signed a tolling agreement for 130 MW of a 200 MW electrolyser developed by Air Liquide, to produce 15,000 tonnes of green hydrogen per year for use on-site. The required electricity will be supplied by TotalEnergies’ offshore wind project OranjeWind.

The green hydrogen produced is expected to reduce CO2 emissions at the site by up to 150,000 tonnes annually, while contributing to the European Union’s RED III targets for renewable energy in transport.

Sustainable fuel production and energy storage

A coprocessing project for the annual production of 50,000 tonnes of sustainable aviation fuel (SAF) is also scheduled for launch in 2025. The process enables simultaneous treatment of hydrocarbons and biomass in a conventional refining unit without the need for infrastructure modification.

The Antwerp platform now hosts TotalEnergies’ largest battery storage system in Europe, with a capacity of 75 MWh and a power rating of 25 MW. Commissioned in 2024, the facility supports grid stability in Belgium and across Europe by helping to manage the intermittency of renewable energy sources.

“By continuously adapting our Antwerp site, we are ensuring its industrial viability and performance in a fast-changing market,” said Ann Veraverbeke, Managing Director of TotalEnergies Antwerp, in a statement issued on April 22.

Commodities trader BB Energy has cut over a dozen jobs in Houston and will shift some administrative roles to Europe as part of a strategic reorganisation.
Ferrari has entered into an agreement with Shell for the supply of 650 GWh of renewable electricity until 2034, covering nearly half of the energy needs of its Maranello site.
By divesting assets in Mexico, France and Eastern Europe, Iberdrola reduces exposure to non-strategic markets to strengthen its positions in regulated networks in the United Kingdom, the United States and Brazil, following a targeted capital reallocation strategy.
Iberdrola offers to buy the remaining 16.2% of Neoenergia for 32.5 BRL per share, valuing the transaction at approximately €1.03bn to simplify its Brazilian subsidiary’s structure.
Paratus Energy Services collected $38mn via its subsidiary Fontis Energy for overdue invoices in Mexico, supported by a public fund aimed at stabilising supplier payments.
CrossBoundary Energy secures a $200mn multi-project debt facility, backed by Standard Bank and a $495mn MIGA guarantee, to supply solar and storage solutions for industrial and mining clients across up to 20 African countries.
Mercuria finalises an Asian syndicated loan refinancing with a 35% increase from 2024, consolidating its strategic position in the region.
Sixty Fortune 100 companies are attending COP30, illustrating a growing disconnect between federal US policy and corporate strategies facing international climate regulations.
Tanmiah Food Company signed three memorandums of understanding to reduce its emissions and launched the region’s first poultry facility cooled by geothermal energy, in alignment with Saudi Arabia’s industrial ambitions.
Subsea7 posted higher operating profit and a record order backlog, supported by long-term contracts in the Subsea and Renewables segments.
Adnoc signed multiple agreements with Chinese groups during CIIE, expanding commercial exchange and industrial cooperation with Beijing in oil, gas and petrochemical materials.
Cenovus Energy completed a $2.6bn cross-border bond issuance and plans to repurchase over $1.7bn in maturing notes as part of active debt management.
The German group is concentrating its industrial investments on Grid Technologies to expand capacity in a strained market, while maintaining an ambitious shareholder return programme.
Enerfip completes its first external growth operation by acquiring Lumo from Société Générale, consolidating its position in France’s energy-focused crowdfunding market.
French group Schneider Electric will supply Switch with cooling and power systems for a major project in the United States, as energy demand driven by artificial intelligence intensifies.
Chinese group PowerChina is strengthening its hydroelectric, solar and gas projects across the African continent, aiming to raise the share of its African revenues to 45% of its international activities by 2030.
The French energy group triples its office space in Boston with a new headquarters featuring a customer experience centre and integrated smart technologies. Opening is scheduled for mid-2026.
Shell extends its early participation premium to all eligible holders after collecting over $6.2bn in validly tendered notes as part of its financial restructuring operation.
After 23 years at ITC Holdings Corp., Chief Executive Officer Linda Apsey will retire in March 2026. She will be replaced by Krista Tanner, current President of the company, who will also join the Board of Directors.
ReGen III confirmed receipt of $3.975mn in sub-agreements tied to its convertible debenture exchange programme, involving over 97% of participating holders.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.