Borealis invested EUR 7.8 Mio in new butane storage cavern at Stenungsund, Sweden
Naphta and butane are used in the petrochemical industry for producing olefins in steam crackers. Borealis invested EUR 7.8 million to convert an underground naphta cavern in Stenungsund, Sweden, for butane use. The new cavern is now by far the largest in Europe, and can handle both butane at ambient temperature and refrigerated cargos. Due to its enormous size, the cavern can receive the largest butane carriers available and ensure feed flexibility almost all year round.
“Innovation in every sense is core to our successful Value Creation through Innovation strategy”, says Borealis Chief Executive Mark Garrett. “This innovative cavern conversion will further improve our competitiveness and add to our feedstock flexibility.”
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