ExxonMobil, SABIC JV mechanically completes PE, EG units at US site

Zachary Moore

26-Jul-2021

HOUSTON (ICIS)–The parent companies of Gulf Coast Growth Ventures, a joint venture of ExxonMobil and SABIC, announced on Monday that mechanical completion of the polyethylene (PE) and ethylene glycol (EG) facilities at their new petrochemical complex near Corpus Christi, Texas, has been achieved.

The complex is anticipated to start-up ahead of schedule in the fourth quarter of 2021, they said.

The complex features two PE units with a combined capacity of 1.3m tonnes/year as well as an EG unit with a capacity of 1.1m tonnes/year. The complex will also include a 1.8m tonne/year ethane cracker. The companies said the project is expected to competed under budget and at cost of around 25% less than similar units located along the US Gulf Coast.

“Gulf Coast Growth Ventures is a key development of our plan to serve growing demand for our high value performance products,” said Karen McKee, president of ExxonMobil Chemical. “This is truly a best-in-class project, as demonstrated in schedule acceleration and cost competitiveness, despite the many challenges related to the COVID-19 pandemic.”

“We are very proud to bring GCGV one step closer to operations,” said Abdulrahman Al-Fageeh, SABIC’s executive vice president of petrochemicals. “Not only are we ahead of schedule, but we have executed this project with the highest commitment and emphasis on safety with nearly 18m safe person-hours worked.”

Thumbnail image shows a PE part in a glass bowl. Image by Al Greenwood

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