Asian Chemical Connections
Chevron Phillips Chemical held on 2 April a ground-breaking ceremony for its new 1.5m tonne/year cracker at its Cedar Bayou complex in Baytown, Texas, the first one to be built in the US in more than a decade.
“It’s a trailblazing project,” CEO Peter Cella said. The ethane cracker will supply the company’s two new polyethylene (PE) plants, for which it should hold another ground-breaking ceremony on 17 June, Cella noted.
INSIGHT: The prize will go to first movers in US olefins build-out
"The prize will be to tap into the peak, or at least the near peak, of the ethylene/petrochemical cycle."
VIDEO: ICIS Special Report - Asia methanol, acetic acid