Antwerp Port Authority and Energy Recovery Systems Company Ltd. (ERS) have decided by common consent to cancel the option held by the company on the Churchill site.
ERS informed the Port Authority that it needed more time to reach the milestones imposed by the Port Authority, which means that the option it obtained from the Port Authority last year will expire.
Despite this ERS is continuing to work on the project for a Waste-to-Chemicals (WtC) plant that it wants to build in the Antwerp port area.
In the meantime the Port Authority is now looking for another investor for the 88 hectare site in the Churchill dock, and a new international Request for Proposals will be launched.
In May 2015 ERS announced that it wanted to start large-scale production of “green” ammonia and “green” urea (“green” fertiliser) in the port of Antwerp, representing an investment of 3.7 billion euros and potential employment of 900 FTE (full-time equivalents).
In addition to the many possibilities for integration with the Antwerp industrial platform, the WtC plant would represent an important step in the development of the “circular economy” as it would use waste from other industries as its raw material.
The Port Authority is now in search of new investments for the Churchill Industrial Zone. As before, the basic requirement is to attract an investor that can offer a sufficient amount of employment and high added value.