HOUSTON (ICIS)--Total, Borealis and NOVA Chemicals held a ground-breaking ceremony on Monday for the construction of a new ethane cracker in Port Arthur, Texas.
The project is the first under construction by Bayport Polymers (Bay-Pol), a joint venture between the companies.
"This is an important milestone for our new company," Bay-Pol President Diane Chamberlain, said.
Also at the ceremony was Borealis CEO Mark Garrettt, NOVA Chemicals CEO Todd Karran and Bernard Pinatel, President, Refining and Chemicals, Total.
The $1.7bn cracker will have an ethylene capacity of 1m tonnes/year and is being built alongside Total's Port Arthur Refinery and an existing cracker owned by Total and BASF.
The cracker is expected to start up in 2020.
Bay-Pol also plans a 625,000 tonnes/year high-density polyethylene (HDPE) plant, with an expected start-up in 2021. The plant, which is subject to further approvals, will be built in Bayport, Texas.
The Bay-Pol joint venture also includes Total's existing 400,000 tonne/year HDPE plant, also in Bayport, Texas.
The Bay-Pol joint venture is 50% owned by Total and 50% owned by Novealis, a joint venture of NOVA and Borealis.