From single ownership to multi-tenant sites
Chemical parks offer highly synergetic networks of energy generation and distribution, transportation, warehousing, waste management, health-, safety- and environmental management as well as local authority relationship services. This enables operators to focus on their core business.
In most cases, chemical parks come from classical "single owner sites" characterized by a highly integrated flow of products and utilities between the various production plants. Extensive restructuring of the chemical industry in the last decades converted these locations into "multi-tenant sites", establishing new separate legal entities with single and multiple ownership.
In this process, the simple cost allocation methods of single owner sites have been transferred into contract based relationships with highly sophisticated pricing mechanisms and cancellation clauses - highly important in a business, where the cost of infrastructure services account for about one quarter of manufacturing costs. Also, environmental liabilities have been passed on from the previous owners to the various set-ups of new ownership.
In most cases, chemical parks come from classical "single owner sites" characterized by a highly integrated flow of products and utilities between the various production plants. Extensive restructuring of the chemical industry in the last decades converted these locations into "multi-tenant sites", establishing new separate legal entities with single and multiple ownership.
In this process, the simple cost allocation methods of single owner sites have been transferred into contract based relationships with highly sophisticated pricing mechanisms and cancellation clauses - highly important in a business, where the cost of infrastructure services account for about one quarter of manufacturing costs. Also, environmental liabilities have been passed on from the previous owners to the various set-ups of new ownership.
Trying to keep present tenants operating and investing as well as attracting new site participants, chemical parks have been pushed into competition. They have to keep the balance between attractive service conditions and a cost effective infrastructure adapted to changing capacity utilization while achieving reasonable returns on investment. ChemAdvice post-executives have managed many aspects of this complex business and can help owners and investors to establish sustainable concepts for stabilization and expansion.
Success stories exhibit a clear differentiation between own and third party responsibilities as well as the focused development of “new businesses” (e.g. energy).
Success stories exhibit a clear differentiation between own and third party responsibilities as well as the focused development of “new businesses” (e.g. energy).

