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


DSM, Sinochem joint venture for anti-infectives business

ZIBO, CHINA: Sinochem and DSM signed a memorandum of understanding to further explore cooperation opportunities in the field of biotechnology building ...

Read more
Production of bisabolane, an advanced biofuel

CALIFORNIA, US: The recent discovery that bisabolane, a member of the terpene class of chemical compounds used in fragrances and flavorings, holds hig ...

Read more
IFF to realign fragrance business unit for profitability

NEW YORK, US: International Flavors & Fragrances Inc (IFF) announced a strategic initiative designed to strengthen the company’s global go t ...

Read more
UOP to provide technologies to Samsung Total Petrochemicals

DES PLAINES, US: UOP LLC, a Honeywell company, announced that it has been selected by Samsung Total Petrochemicals Co Ltd to provide technologies for ...

Read more
Dow Corning starts European distribution centre in Belgium

MIDLAND, US: Dow Corning has completed construction of its 32,000 square mt energy efficient European distribution centre in Feluy, Belgium. The new f ...

Read more
Foster Wheeler bags CFB steam generator contract in China

ZUG, SWITZERLAND: Foster Wheeler AG announced that a subsidiary of its Global Power Group has been awarded a contract by Yuen Foong Yu Paper Mfg (YFY) ...

Read more
Copyright © 2014. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.