US Westlake to invest $40m to upgrade Kentucky cracker furnaces

06 December 2011 00:00  [Source: ICIS news]

HOUSTON (ICIS)--Westlake plans to invest $40m (€30m) to upgrade ethylene furnaces at its Calvert City cracker in Kentucky, the US-based producer said on Monday.

The furnace modifications will reduce costs, improve operating efficiency and result in less energy consumption, Westlake said.

The modifications are expected to be completed by mid-2013.

Up to $10m in local tax incentives helped make the project economically feasible, Westlake said.

Without the modifications, the alternative would be to produce additional ethylene at an out-of-state cracker, Westlake said.

Westlake plans to eventually convert its propane cracker at Calvert City to crack ethane, in order to take advantage of feedstock material from the Marcellus Shale reserves in the eastern US.

The Calvert City cracker has an ethylene capacity of 195,000 tonnes/year.

($1 = €0.75)

For more on ethylene visit ICIS chemical intelligence


By: Brian Ford
+1 713 525 2653



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

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