06 November 2011 00:20 [Source: ICIS news]
BUENOS AIRES (ICIS)--Brazil-based producer Braskem and Mexico-based Idesa expect to start up their joint venture Ethylene XXI project in Mexico in mid-2015, Idesa CEO Jose Luis Uriegas said on Saturday.
Site preparation began last month, and the FEED (front-end engineering and design) work has nearly been completed, Uriegas said on the sidelines of the 31st Annual Latin American Petrochemical Association (APLA) annual meeting in Buenos Aires.
France-based Technip is co-ordinating the FEED work and is providing its technology for the cracker.
Technip has also won the engineering, procurement and construction (EPC) contract for the project, which will be in the Coatzacoalcos/Nanchital region of Mexico’s Veracruz state, Uriegas said.
The size of the project has increased slightly. Uriegas said the cracker will now have a capacity of 1.05m tonnes/year, instead of the originally announced 1m tonnes/year, thanks to Technip’s new technology.
Downstream production will now comprise two high density polyethylene (HDPE) plants with capacities of 350,000 and 400,000 tonnes/year and one 300,000 tonne/year low density polyethylene (LDPE) plant, he said. INEOS is providing the HDPE technology, while LyondellBasell is providing the LDPE technology.
The 2011 APLA conference ends on Tuesday.
For more on ethylene visit ICIS chemical intelligence
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|