US Chevron Phillips to start up Gulf coast cracker, derivatives in 2017

25 September 2012 09:28  [Source: ICIS news]

KATHMANDU (ICIS)--US chemical manufacturer Chevron Phillips Chemical (CP Chem) is planning to start-up its US Gulf Coast-based cracker and ethylene derivatives in 2017, a senior company executive said on Tuesday.

"This cracker will utilize the low cost ethane from shale gas," Jim Becker, president and managing director of CP Chem Asia, said at one-day seminar Showcase of Plastics and Growth of its Industries in Nepal.

He did not give any other details.

The company first announced the world scale project of an ethane-based cracker and ethylene derivatives in March 2011.

Author: Ong Sheau Ling

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