10 April 2012 17:31 [Source: ICIS news]
EPS’ general manager Werner Dohler added that a court in
“The court’s ruling confirms our view of the legal situation,” said Dohler.
The 370km pipeline had been built in accordance with high technological standards, ensuring the safe and environmentally responsible shipment of ethylene, he said.
Court cases and objections delayed the project by about four years, driving costs up to around €200m ($263m). The project was estimated to cost about €150m in 2006.
The pipeline connects
Along with BASF, EPS’ stakeholders include international petrochemicals major LyondellBasell, Austria-based polyethylene firm Borealis, Austria’s energy and petrochemicals firm OMV, Swiss specialty chemicals producer Clariant, and German chemical firms Vinnolit and Wacker.
($1 = €0.76)
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