US Enterprise’s ethylene terminal exceeds interim capacity, commissions storage, pipeline system
Michael Sims
17-Jun-2020
HOUSTON (ICIS)– US Enterprise Products Partners’s and Navigator Holdings’s new ethylene export terminal has exceeded design interim loading capacity, Enterprise announced on Wednesday.
The partnership expects to complete the construction of an above-ground ethylene storage tank and three additional connections to ethylene pipeline systems by the end of 2020.
The terminal is in the process of loading a record-sized ethylene cargo of 44m lbs on the Navigator Eclipse. Enterprise expects to export more than 175m lbs for the month of June.
US ethylene exports increased by 43% during the first four months of the year from the same period last year, driven in large part by increased volumes to Asia via Enterprise and Navigator’s terminal.
The new storage tank will bring the total loading capacity of the marine terminal to 2.2b lbs/year by the end of 2020.
The new pipeline connections will bring the terminal’s total number of connections to seven.
US spot ethylene at Enterprise’s hub is commanding a price premium to other trading hubs due to the access it allows buyers to arbitrage opportunities.
Ethylene is a key petrochemical feedstock, used to make PE, ethylene glycol (EG) and polyvinyl chloride (PVC) among other products.
Major US ethylene producers include Chevron Phillips Chemical, Dow, ExxonMobil, INEOS Olefins & Polymers, LyondellBasell and Shell Chemical.
Photo thumbnail: Morgan’s Point Terminal in La Porte, Texas (photo courtesy of Enterprise Products)
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