30-04-2012
Chevron Phillips Chemical selects Old Ocean, Texas as location of new polyethylene facilities
Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) announced today the two polyethylene facilities planned as part of the company’s U.S. Gulf Coast (USGC) Petrochemicals Project, would be located on a site nearby the Chevron Phillips Chemical Sweeny facility in Old Ocean, Texas.
“These polyethylene facilities would be the first ethylene derivative units to be constructed in Old Ocean and as such, they offer an exciting opportunity to our employees, the surrounding Brazoria County community, and those businesses that would service these new facilities,” said Peter L. Cella, president and chief executive officer. “In addition, constructing polyethylene infrastructure at Old Ocean better positions the location for potential future investments. We would like to acknowledge the dedicated efforts of the Brazoria County community leaders whose support for our project was instrumental in the decision to choose Old Ocean.”
In March 2011, Chevron Phillips Chemical announced that it planned to pursue a project to construct a world-scale ethane cracker and ethylene derivatives facilities in the USGC region.
The two new polyethylene facilities would each have an annual capacity of 500,000 metric tons (1.1 billion pounds) and would utilize Chevron Phillips Chemical’s proprietary Loop Slurry Technology.
In addition, the company also announced today that it has executed a Front-End Engineering and Design (FEED) agreement with Jacobs Engineering Group, Inc. to design the polyethylene facilities. Furthermore, the company also announced that it has executed a FEED agreement with Shaw Energy & Chemicals to design the previously announced 1.5 million metric tons/year (3.3 billion pounds/year) ethane cracker that would be located at Chevron Phillips Chemical’s existing Cedar Bayou facility in Baytown, Texas.
“The significant steps taken since our initial announcement of a feasibility study only one year ago reflect a strong endorsement of the USGC Petrochemicals Project by Chevron Phillips Chemical’s owners and management,” said Cella. “We continue to believe that synergy with our existing Gulf Coast operations, proximity to feedstock supply, and application of proprietary technologies uniquely positions our company to capitalize on the opportunity that development of abundant shale resources affords the United States, and in particular the Gulf Coast region. This project would benefit our owners, employees, local communities, customers, and suppliers.”
In total, the USGC Petrochemicals Project is expected to create approximately 400 long-term direct jobs and 10,000 engineering and construction jobs.
The estimated completion date for the USGC Petrochemicals Project is 2017.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
MOL inaugurates its polyol complex in Tiszaújváros
MOL's EUR 1.3 billion polyol complex in Tiszaújváros, boasting a capacity of around 200,000 tonnes of polyol per year, has been inaugurated. The ceremony, addressed ...
15-05-2024
-
NEXTCHEM completes the acquisition of GasConTec
Further to the announcement made on 4 March 2024, MAIRE announces that NEXTCHEM has finalized the acquisition of 100% of GasConTec GmbH, an innovative company specialized ...
15-05-2024
-
KBR awarded digital solutions contract by OCI
KBR announced today it has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes ...
13-05-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024