CP Chem commissions new US PE units at Texas site
Stefan Baumgarten
19-Sep-2017
HOUSTON (ICIS)–Chevron Phillips Chemical (CP Chem) has
successfully completed commissioning and begun start-up of
its new polyethylene (PE) units at Old Ocean, Texas, the US
petrochemicals major said on Tuesday.
Each unit will produce up to 500,000 tonnes/year to help meet
growing global PE demand. They can produce a wide variety of
PE resin from metallocene linear low density PE (LLDPE) film
to bi-modal film and pipe products.
ICIS reported last month that two 1.1bn lb/year
(500,000 tonne/year) CP Chem PE derivative units at Old Ocean
were on track for start-up in the third quarter after
reaching mechanical completion in June.
The units are the first phase of CP Chem’s $6bn “US Gulf
Coast Petrochemical Project”, the company added.
“In 2011, Chevron Phillips Chemical was the first to announce
a leading-edge $6bn petrochemicals project to take advantage
of the newfound shale gas resources in the US, and I am
thrilled we are completing the first phase of this project,”
said Mark Lashier, the company’s president and CEO.
“Abundant shale gas resources are fueling an economic revival
that extends across the nation and supports economic growth
around the globe,” Lashier said.
“Chevron Phillips Chemical is proud to be a leading
contributor to the nation’s growing workforce and
strengthening economy,” he said.
Above, photo of Chevron Phillips Chemical (CP Chem) new polyethylene (PE) units in Old Ocean, Texas. Source: CP Chem
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.