Chevron Phillips Chemical Co. received board approval and obtained the necessary environmental permit from the Texas Commission on Environmental Quality to expand normal alpha olefins production capacity at its Cedar Bayou plant in Baytown, Texas. The expansion will provide an additional capacity of 100,000 metric tons per year.
Construction is expected to be complete in July 2015. S&B Engineers and Constructors Ltd. will perform the engineering, procurement and construction, and expects to support up to 600 jobs during the construction phase.
“This investment decision reflects Chevron Phillips Chemical’s strategy to leverage North American shale gas development by continuing to grow our U.S.-based olefins and polyolefins footprint,” said Mark Lashier, executive vice president of olefins and polyolefins. Normal alpha olefins and its derivatives are used extensively as polyethylene comonomers, synthetic motor oils, lubricants, automotive additives and in a wide range of specialty applications.
Recommended Reading
Venture Global Taking Adequate Steps in Calcasieu Pass Construction, FERC Says
2024-10-01 - The Calcasieu Pass LNG plant’s foundational customers have turned to legal auction due to the plant’s long commissioning time.
FTC Bars Hess CEO From Chevron Board Seat as Condition of Deal, Say Sources
2024-09-26 - U.S. antitrust regulators will bar Hess Corp. CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron Corp.'s $53 billion purchase of Hess.
California Sues Exxon Over Global Plastic Pollution
2024-09-23 - The investigation mirrors California's previous probes into the oil industry's alleged efforts to mislead the public about climate change.
Worley CEO: Combative Politics Complicating Regulations, Incentives
2024-09-20 - From LNG to direct air capture, Chris Ashton, CEO of Worley, said economic incentives aren’t “on a pace and scale that are necessary for us to move things forward.”
RNG Producer OPAL Recovers 25% of Capex from Tax Credits Sale
2024-09-19 - OPAL Fuels, which sold tax credits for $11.1 million, indicated that its capex for the Emerald RNG facility is approximately $45 million, according TPH & Co.