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PETROCHEM WIRE FEATURE: Williams Olefins acquisition propels NOVA to 4th largest North American ethylene producer; becomes largest North American ethane consumer

Houston (PCW) -- NOVA's acquisition of Williams' olefins business makes the company the fourth largest producer of ethylene in North America, boasting 8.6 billion lbs/yr of capacity between the plants at Geismar, Joffre and Sarnia. At 12.6 billion lbs/yr, the combined DowDuPont assets make it North America's largest ethylene producer (including Dow's interest in the Nova E-3 unit at Joffre), followed by LyondellBasell at 11.7 billion lbs/yr and ExxonMobil at 8.8 billion lbs/yr.

Upon completion of NOVA's future olefins complex with Total and Borealis in 2020, the company would be the fifth largest ethylene producer in North America with its total capacity moving to 10.91 billion lbs/yr, behind DowDuPont at 14.5 billion lbs/yr, ExxonMobil at 14.08 billion lbs/yr, LyondellBasell at 11.7 billion lbs/yr and Chevron Phillips at 11.37 billion lbs/yr. At that time, these five companies will own 59% of North American ethylene.

To read the full story, click here.

The Distillation Column--A Blog on Refining

Read PetroChem Wire Editor and refinery industry expert Robert Sharp's new weekly blog that discusses industry and market trends, and the economics of petrochemicals, such as alkylate and raffinate, in the ever-changing refined products marketplace. See recent postings below:

Defying octane value, alkylate differenteials stagnant as gasoline prices climb

Steep decline in gasoline exports helps keep US prices low

Pre-buying alkylate for summer blending an unworkable strategy

Naphtha differential narrows on tight benzene markets

Spot normal butane strength due to tight supply; could normalize in 2Q

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