Betekenis van:
pipeline company

Voorbeeldzinnen

1. Its predecessor was European Pipeline Development Company (EPDC).
2. The beneficiary will be European Pipeline Company BV (EPC), a consortium of companies in the chemical industry. Its predecessor was European Pipeline Development Company (EPDC).
3. The pipeline will still belong to the company after 15 years, but the company will derive no advantage.
4. EPC and the Belgian and German asset management companies together established a joint venture, European Pipeline Administration Company (EPAC), that will be responsible for managing the entire pipeline.
5. The beneficiary will be European Pipeline Company BV (EPC), a consortium of companies in the chemical industry.
6. Participation in the pipeline company is, in principle, open to any company but, in practice, only propylene and ethylene producers are directly involved.
7. More specifically, EPS consists of two companies:the Ethylen-Pipeline Süd GmbH & Co KG, responsible for the planning, building and management of the pipeline, where the only liable partner (Komplementärin) is the company Ethylen-Pipeline Süd Geschäftsführungs GmbH, which does not hold any capital; the other (limited) partners (Kommanditisten) with shares in the EUR 700000 capital are BASF, OMV and Ruhr Oel with 20 % each and Borealis Clariant, Vinnolit and Wacker with 10 % each (LfA will participate neither as a liable or a limited partner in Ethylen-Pipeline Süd GmbH & Co KG and it will have no liability for the financing of the project);the Ethylen-Pipeline Süd Geschäftsführungs GmbH, which manages Ethylen-Pipeline Süd GmbH & Co KG, with LfA holding 25,1 % of the EUR 28000 capital; the rest of the capital is shared between the industrial partners of Ethylen-Pipeline Süd GmbH & Co KG in proportion to their shareholdings.
8. MOL Group (including the Slovakian company Slovnaft and the Hungarian company TVK), the market leader in Central Europe but not party to the EPS project, also expressed support for the EPS project but preferred initially a connection to the existing Ukrainian ethylene pipeline via Slovakia (Bratislava) and Hungary (Szashalombatta (Budapest)/Tiszaujvaros).
9. More feasibility studies have also been announced in the course of the discussions between the Commission and Germany, e.g. on the pipeline connections to the Czech Republic, between Leuna in Eastern Germany and Poland (under the responsibility of PKN Orlen, a Polish company) and between Ludwigshafen and Carling, France (under the responsibility of BASF and Total).