Chevron Phillips construct polyethylene units in Old Ocean, US

Chevron Phillips to construct polyethylene units in Old Ocean, US

9:21 AM, 24th June 2014
Chevron Phillips Chemical Company construct polyethylene units in Old Ocean, US

THE WOODLANDS, US: Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) held its second groundbreaking ceremony for its US Gulf Coast (USGC) Petrochemicals Project at the construction site in Old Ocean, Texas. The construction includes two world-scale polyethylene units that will each produce 500,000 metric tonne of plastic resin every year.

With this groundbreaking, Chevron Phillips Chemical maintains its first mover position within the petrochemicals industry to engineer and build world-scale ethylene and derivatives facilities in the US based upon the successful development of shale resources. The engineering, procurement and construction (EPC) phase of the two polyethylene units is being executed through Gulf Coast Partners, a partnership between Technip USA Inc. and Zachry Industrial.

“With the construction of this mega project, we will be in a position to better serve the growing needs of our customers around the globe. This entire project is made possible by advances in technology. First, through innovations within the E&P industry to unlock oil and gas trapped in shale rock. Second, by the research and brilliance within Chevron Phillips Chemical to develop high-performance polyethylene resins,” said Peter L Cella, President and Chief Executive Officer, Chevron Phillips Chemical.

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