CP Chem study develop ethane cracker US Gulf Coast

Media

CP Chem study to develop ethane cracker on US Gulf Coast

4:20 PM, 29th March 2011
CP Chem study to develop ethane cracker on US Gulf Coast
Tim Taylor, COO, Chevron Phillips Chemical.

 

THE WOODLANDS, US: Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) said that it is advancing a feasibility study to construct a world-scale ethane cracker and ethylene derivatives at one of its existing facilities in the U.S. Gulf Coast region. The new facility would utilize the advantaged feed sources expected from development of shale gas reserves.

 

“We are finalizing our evaluation of potential sites and advancing discussions with EPC contractors. Our company is already a leading light cracker operator in the US Gulf Coast region and an established supplier of olefins, polyolefins and alpha olefins globally. Our technology portfolio, organizational capability, integration with our parent companies and petrochemical infrastructure make us uniquely suited to execute this potential investment,” said Tim Taylor, COO, Chevron Phillips Chemical.

 

“The project will help us meet growing customer demand and we intend to expedite our development decisions to capitalize on the advantaged feedstock position that shale gas resources could bring to the chemical industry in the US,” added Taylor. The feasibility study is expected to be completed by the end of 2011.

© WOC News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


US Jury charges Kolon Industries with trade secret theft

ALEXANDRIA, US: South Korea-based, Kolon Industries Inc and five of its executives have been charged with stealing trade secrets from DuPont Co relate ...

Read more
BASF opens polyurethane system house in Tianjin, China

TIANJIN, CHINA: BASF has opened a new polyurethane system house in Tianjin, China, which will further expand its global service and production network ...

Read more
Green Investment Bank gets approval from European Commission

BRUSSELS, BELGIUM: The Green Investment Bank being set up by the UK government has been given the green light by the European Commission. It ruled tha ...

Read more
VIASPACE, JUNE to grow giant king grass in Myanmar

WALNUT, US: VIASPACE Inc has signed business development and confidentiality agreements with JUNE Industry Ltd of Myanmar, where in JUNE will grow Gia ...

Read more
Syngenta, Plymouth Energy to use Enogen trait technology in 2013

MINNETONKA, US: Syngenta has signed a commercial agreement with Plymouth Energy of Merrill, Iowa to use grain featuring Enogen trait technology in 201 ...

Read more
Uhde Inventa-Fischer to build JBF’s PET plant in Belgium

GEEL, BELGIUM: Uhde Inventa-Fischer is to build a PET plant for its Indian customer JBF Industries Ltd, a leading producer of polyester granules. The ...

Read more
Copyright © 2016. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.