EPCA ’08: Shell's big US plans - video interview

28 September 2008 10:52  [Source: ICIS news]

By Nigel Davis

 

Shell plans to invest in US petchems, refineriesMONTE CARLO (ICIS news)--Anglo-Dutch oil major Shell is planning a multi-year investment in chemicals at four refinery and petrochemicals locations in the US Gulf region, the global head of base chemicals Graham van’t Hoff said on Sunday.

 

The investments were likely to be made at the company’s Deer Park, Texas, and Norco, Louisiana, manufacturing sites and at the Deer park and Motiva refineries, Van’t Hoff said on the sidelines of the European Petrochemical Association conference.

 

“We are working hard on heavier feed and gas-related options,” he added. “We will be investing quite significantly in these locations over the next three years.”

 

MONTE CARLO (ICIS news)--Anglo-Dutch oil major Shell is planning a multi-year investment in chemicals at four refinery and petrochemicals locations in the US Gulf region, the global head of base chemicals Graham van’t Hoff said on Sunday.

 

The investments were likely to be made at the company’s Deer Park, Texas, and Norco, Louisiana, manufacturing sites and at the Deer park and Motiva refineries, Van’t Hoff said on the sidelines of the European Petrochemical Association conference.

 

“We are working hard on heavier feed and gas-related options,” he added. “We will be investing quite significantly in these locations over the next three years.”

 

The investments were part of Shell’s ongoing plans for greater refinery and petrochemicals integration, he said but did not disclose the exact figures or projects involved in the investments.  

 

“We are increasingly integrating more closely, we are more and more inter-related,” Van’t Hoff said.

 

Shell Chemical Deer Park is part of a joint oil refinery and chemicals site which has 1.4m tonnes of ethylene capacity.

 

The Norco complex has 637,000 tonnes of nameplate gas-fed olefins capacity and an 884,000 tonne/year liquids-fed olefins unit.

 

The chemicals investments will be made at these locations and at the Deer Park refinery jointly owned with Mexico’s Pemex. The Norco site includes the Motiva refinery. Motiva is a joint venture with Saudi Aramco.

 

The four-day conference ends on Tuesday.

 

To discuss issues facing the chemical industry go to ICIS connect

 

 

The investments were part of Shell’s ongoing plans for greater refinery and petrochemicals integration, he said but did not disclose the exact figures or projects involved in the investments. 

“We are increasingly integrating more closely, we are more and more inter-related,” Van’t Hoff said.

 

Shell Chemical Deer Park is part of a joint oil refinery and chemicals site which has 1.4m tonnes of ethylene capacity.

 

The Norco complex has 637,000 tonnes of nameplate gas-fed olefins capacity and an 884,000 tonne/year liquids-fed olefins unit.

 

The chemicals investments will be made at these locations and at the Deer Park refinery jointly owned with Mexico’s Pemex. The Norco site includes the Motiva refinery. Motiva is a joint venture with Saudi Aramco.

 

The four-day conference ends on Tuesday.

 

To discuss issues facing the chemical industry go to ICIS connect


By: Nigel Davis
+44 20 8652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Links posted in this story: