11 November 2012 00:06 [Source: ICIS news]
Oil production in
Uriegas made his comments on the sidelines of the Latin American Petrochemical Association (APLA) annual meeting.
The ethane from oil production could become a long-term, competitive source of feedstock for another cracker, he said.
Already, Idesa and Braskem are building the ethane-based Ethylene XXI project, which includes a 1.05m tonne/year ethane cracker, two high density polyethylene (HDPE) plants with capacities of 350,000 tonnes/year and 400,000 tonnes/year, and one 300,000 tonne/year low density polyethylene (LDPE) plant.
Even with the completion of Ethylene XXI,
Ideally, the ethane would also be provided by increased natural-gas production, Uriegas said.
APLA ends on Tuesday.
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|
Asian Chemical Connections