14 December 2011 16:11 [Source: ICIS news]
(adds updates throughout)
The PE units will each have a capacity of 500,000 tonnes/year. CP Chem will use its own technology for the PE plants. They will be either at the Cedar Bayou facility in Baytown or a site nearby the CP Chem Sweeny facility in Old Ocean, Texas, the company said.
A final site selection decision for these units is anticipated during the first quarter of 2012, the company said.
CP Chem will build the ethane cracker with technology and a process-design package from US engineering firm Shaw Group.
Later, Peter Cella, the chief executive of CP Chem, said the company has started permitting process for the facility and plans to build the plant at its Cedar Bayou complex in Baytown, Texas.
Cella made the announcement at the sixth annual GPCA (Gulf Petrochemicals & Chemicals Association) conference.
Neither company disclosed the cost of the plant. The facility should be complete by 2017, CP Chem said.
“This project represents a significant change in the ethylene marketplace as no US plants have been added in approximately ten years,” said James Glass, president of Shaw’s energy and chemicals group.
Additional reporting by William Lemos
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