CP Chem study develop ethane cracker US Gulf Coast

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


Shin-Etsu operations in Japan remain suspended

  TOKYO, JAPAN: Shin-Etsu Group’s reported that there has been little change in their situation since March 22nd. All of operations at bot ...

Read more
Lonza to invest £16 million in UK facility

  BASEL, SWITZERLAND: Lonza will invest £16 million to further develop the flexibility and capability of its Slough, UK biopharmaceutical ...

Read more
Sumitomo and Samsung form joint venture for LED business

  By co-operating to generate synergies in technological development, marketing and R&D, both companies seek to expand their businesses in t ...

Read more
Perstorp extends 2- Ethylhexanoic Acid capacity in Singapore

  PERSTORP, SWEDEN: Perstorp is extending capacity for 2-EHA in Europe and Asia by establishing production at the group’s manufacturing un ...

Read more
3i to sell Azelis chemicals firm: sources

  LONDON, UK: British private equity firm 3i Group has kicked off the sale of Azelis, a Belgium headquartered chemicals distributor with 1 billi ...

Read more
Shell opens first gas flow into GTL plant in Qatar

  Completing a major milestone, Qatar Petroleum and Shell announced the first flow of dedicated offshore gas into the Pearl GTL plant located ...

Read more
Copyright © 2017. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.