Real Estate Developments in the Antwerp petrochemical cluster

1
Real Estate Developments in the Antwerp
petro-chemical cluster

• Antwerp Real Estate 2008
• 23 April 2008

2
Overview

• Harbour and Industry
• Evolution of Chemical Industry
• Growth Perspectives in Antwerp
• Accomplishing the Growth

3
Harbor and Industry

• Industrial Harbor
• Industry is
• 55 added value
• 45 direct employment
• 2 largest chemical cluster
• 5 of worlds top 10
• Worldwide players

4
Chemical Industry in the World

• Worldwide growth 3.1 pa
• Larger in Asia MEA
• Europe still important chemical player
• 30.43 marketshare in 2005 (455.2 billion)
• EU chemical trade balance is positive ! (expect
  till 2020)
• Petrochemical sales forecasted 2.87 CAGR during
  2007-10
• EU chemical industrie cluster driven !
• Cost risk advantage
• Reduced investment costs
• Services supply chain present
• Belgium
• 3rd largest chemical exporter (behind US
  Germany)

5
Antwerp Chemical Cluster

• Facts
• gt300 chemicals are produced
• Excellent infrastructure
• All transport modi present
• Central location
• Largest Cluster in Europe
• Highly integrated

6
What does the future hold ?

• European chemical industry will continue to grow
  in clusters
• Antwerp cluster has the potential to be one of
  these growth clusters
• Growth will come from existing, as well as new
  players
• Correct investment climate is necessary
• Most important local prior conditions
• 5) Environmental stability
• 4) Mobility infrastructure
• 3) Legal certainty
• 2) Availability of skilled labour
• 1) ROOM TO GROW

7
Room to grow

• Is there room to grow ?
• A survey wit the main petro-chemical companies

Approx 2000ha
8
Growth perspective with existing players

• Strategische reserves
• To be used within 20-30 yr time horizon
• Short term - Planned
• Need for continuously available short term
  reserves
• Unused land
• To be used for cluster reinforcing activities

9
What about new players ?

• Complementarity with existing players/activities
• Unused land
• Strategic reserves
• Competitive or no match
• Need for GREENFIELD !
• Also for large investments, need for greenfield

Greenfield
Planned (ST)
Used
10
Where to find Greenfield ?

• Boundaries of the harbour being defined
• EIS
• Spacial Plan
• Important that provisions all economic players
• Maritime
• Logistics
• Industry
• Opportunity in mid- and long term !

11
Evolution of use of terrains

• Industry growth forecast, assuming
• Cluster reinforcement
• Working on prior conditions
• Growth requiring on average 25ha pa
• Existing players
• New players on existing terrain
• New players on new terrains
• Strategic reserves as main source for growth
• Greenfield space required
• Est 200 ha in next 20-25 years

12
How to accomplish this growth

• Promote competitive advantages
• Availability of useable terrains
• Availability of services resources in cluster
• But we need to
• Actively work on other conditions
• How ?
• In close cooperation with all parties (industry,
  harbour, authorities, )
• Reactive and pro-active

13
Reactive and pro-active

• Reactive
• Make maximum use of opportunities that are
  present
• Pro-active
• Promote
• Search
• Focus !
• But clearly keeping in mind that efficient use of
  the limited terrains is cluster reinforcing
• Making use chemicals present (supplier-customer)
• Chemicals useable by existing players
• Making use of existing services utilities (eg
  steam, demin water, )

14
Real Estate Developments in the Antwerp
petro-chemical cluster

• Antwerp Real Estate 2008
• 23 April 2008
• Tom Goris
• Manager Large Industries