20 December 2017
ABOUT CPCHEM'S USGC PETROCHEMICALS PROJECT
Chevron Phillips Chemical is preparing for growth
via the construction of its
new $6 billion U.S. Gulf Coast (USGC) Petrochemicals Project.
Located across two sites,
Old Ocean and Cedar Bayou, Texas,
the USGC Petrochemicals Project
will use abundant shale feedstocks
to meet the ever-increasing global demand for plastic products.
This project includes
* a 1.5 million metric-ton-per-year ethane cracker,
which will produce ethylene
* and two world-scale polyethylene units
that will each produce 500,000 metric tons of resin every year.
The polyethylene units at Old Ocean are expected
to start up in mid-2017, and
the ethane cracker at Cedar Bayou
is expected to be completed in the fourth quarter of 2017.
Once production begins, USGC will serve
the global and growing demand for high quality plastics
in industries as varied as rigid and flexible packaging,
industrial films, automotive, pressure pipe and conduit,
and various consumer goods.
DETAILS
Chevron Phillips Chemical Company LP
(Chevron Phillips Chemical) announced today that
its world-scale ethane cracker
at Cedar Bayou in Baytown, Texas
successfully achieved
the major milestone of mechanical completion.
The unit is now undergoing
* a series of rigorous commissioning activities,
* system checks and
* final certifications to ensure
a safe and reliable start-up, and consistent, on-spec production.
Once operational, the unit is expected to produce
at least 1.5 million metric tons of product annually.
At peak construction, approximately 5,000 workers
were employed on this project, helping to spawn
additional economic activity across the region.
The new ethane cracker will produce valuable product
for the company's ethylene business
and feedstock for its ethylene derivatives businesses.
The polyethylene (PE) fleet now includes
the two new PE units at Old Ocean, Texas,
which were also part of
the U.S. Gulf Coast petrochemical project (USGC PP).
These units started up in September 2017 and
play a critical role in Chevron Phillips Chemical's strategic expansion
to meet the growing global demand for PE.
These units can produce a wide variety of high quality
Marlex® polyethylene resins ranging
from metallocene LLDPE film to bi-modal film and pipe products,
displaying the wide capability of Chevron Phillips chemical
Company's proprietary MarTech®technology.
In addition to the cracker and PE units, the company has
* purchased nearly 3,000 newly built rail cars and
* constructed a state-of-the-art storage-in-transition facility
to ship polyethylene via rail to customers
both domestically and to ports for export around the globe.
Mark Lashier,
president and chief executive officer
Chevron Phillips Chemical
"With the mechanical completion of
Cedar Bayou's ethane cracker,
we are now on the cusp of completing
the most transformative project in our company's history,
or U.S. Gulf petrochemical project,"
"I want to thank our employees, contractors, and
the community of Baytown for helping
make this milestone possible."
WWW.CHEMWINFO.COM BY KHUN PHICHAI
