12 March 2013 15:26 [Source: ICIS news]
HOUSTON (ICIS)--Chevron Phillips Chemical's 1.5m tonne/year ethylene cracker project on the US Gulf Coast is still expected to start up in 2017, Mike Wirth, head of Chevron's downstream and chemicals business, said in an update on Tuesday.
Chevron and partner Phillips 66 in the Chevron Phillips Chemical (CP Chem) joint venture expect to take a final investment decision on the project later this year, Wirth said during a webcast investor event. The project had been announced in 2011.
As for other chemical projects, Wirth said that CP Chem’s new 250,000 tonne/year hexene plant at Cedar Bayou, ?xml:namespace>
Meanwhile, Chevron’s new 25,000 bbl/day base oil plant at
Chevron’s Oronite lubricants expansion project in
Also, Chevron’s GS Caltex joint venture is currently commissioning a gas oil cracker at
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