Asian Chemical Connections
US-based ExxonMobil Chemical's announcement of a new 1.5m tonne/year cracker in Baytown, Texas, by 2016 brings the growing tally of new US ethylene capacity announcements to 33% of existing capacity.
ExxonMobil's new ethane cracker on the US Gulf Coast will provide ethylene feedstock for two new 650,000 tonne/year high-performance polyethylene (PE) lines at the company's nearby Mont Belvieu plastics plant.
INSIGHT: Total makes moves to crack more gas
"Producers are assessing feedstock options and the ways they can reduce their reliance on expensive, oil-related naphtha."
VIDEO - ICIS Americas Lunchtime Bulletin 24 May 2013