11 November 2009 19:22 [Source: ICIS news]
TORONTO (ICIS news)--A key legislative committee in ?xml:namespace>
Construction of the 364km (226 mile) pipeline to connect BASF’s petrochemicals hub in
However, Baden-Wurttemberg pipeline company Ethylen-Pipeline Sud did not receive all right-of-ways needed to complete the 186km stretch going through that state.
The law will allow the state to enforce expropriations and right-of-ways against affected property owners, who will get financial compensation.
The state parliament’s economics committee approved the bill unanimously because of overriding public interest considerations, committee chairwoman Veronika Netzhammer said.
The project would help strengthen the state’s chemical and petrochemicals industry, she said.
A particular beneficiary will be refiner Mineralolraffinerie Oberrhein (MIRO) in
The project will provide a market for some 80,000 tonnes/year of ethylene MIRO already produces but is forced to burn in on-site heat generation because it lacks a pipeline connection.
The European Commission in 2006 approved a subsidy for the project by the neighbouring
Ethylen-Pipeline Sud’s stakeholders include BASF, OMV, Wacker, Vinnolit, Borealis, Clariant and LyondellBasell.
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