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Indorama secures feedstock, storage, transportation for Lake Charles cracker
HOUSTON, December 12, 2016 (PCW) – Indorama Ventures on Monday announced it had inked a long-term deal for ethane and propane feedstock for its Lake Charles cracker from Targa Resources.
Indorama Ventures has also signed a contract with Boardwalk Louisiana Midstream for pipeline transportation and local storage for the ethylene produced by the cracker, as well as connectivity to Boardwalk’s Evangeline Pipeline, which will allow for ethylene delivery to Louisiana and Texas.
The cracker is expected to go online in 4Q 2017 and has a capacity of 420,000 mt/yr (924 million lbs/yr) of ethylene and 20,000 mt/yr (44 million lbs/yr) of propylene. It could consume some 28,000 b/d of ethane and about 1,500 b/d of propane. -- Samantha Hartke