GPCA ‘11: World will need 50-75 new crackers – Cella

14 December 2011 09:30  [Source: ICIS news]

DUBAI (ICIS)--Increased demand for ethylene and derivatives will require the construction of 50-75 world-scale crackers in the coming years, Chevron Phillips Chemical chief executive Peter Cella said on Wednesday.

The statement was made in response to a question on how increased US ethylene capacity would affect Middle East producers.

It also followed an announcement by Cella that Chevron Phillips will move ahead with plans to build an ethane cracker in the US.

The 1.5m tonne/year facility will be built at the company’s complex in Cedar Bayou, Texas.

The permits were being filed on Wednesday, Cella told delegates at the 6th Annual GPCA (Gulf Petrochemicals & Chemicals Association) conference.


By: William Lemos
+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