01 August 2011 20:26 [Source: ICIS news]
HOUSTON (ICIS)--Shell has left a C4 joint venture in the US that includes BASF and Total Petrochemicals, the companies said on Monday.
The joint venture, called Sabina Petrochemicals, operates a C4 complex in Port Arthur, Texas. The complex includes the world's largest single-train butadiene (BD) extraction unit and an indirect alkylation unit.
BASF will continue operating the Sabina complex.
The complex is next to a steam cracker operated by BASF FINA Petrochemicals and a refinery operated by Total Petrochemicals.
The new structure of the Sabina joint venture should allow it to strengthen its synergies with those two neighbouring plants, according to a statement by Total petrochemicals CEO Geoffroy Petit.
Meanwhile, BASF and Total plan to continue investing in the Sabina complex to make the most of its production capacity, according to a statement by BASF senior vice president, petrochemicals, Heidi Alderman.
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