Attend PetroChem Wire's FREE Half-Day Seminar in Houston

You are warmly invited to “Now More Than Ever,” PetroChemWire's FREE seminar in Houston.

With more material all along the US petrochemical value chain now available to the world, experts from PCW – the provider of benchmark olefins and polymers prices for the CME and ICE – will discuss the volatile petrochemicals space, managing price risk, feedstock economics and the impact of new capacities.

You can also network at our cocktail reception following the presentations.

Where: Hearsay on the Green, 1515 Dallas St., Houston TX 77010

When: 2-5 p.m., March 20, 2018 (Cocktail reception 4-5 p.m.)

Speakers include:

Kathy Hall, CEO and Executive Editor, PCW

David Barry, Senior Editor, PCW

Robert Sharp, Senior Editor, PCW

Samantha Hartke, Product Manager, PCW

Trey Hamblett, VP of Chemicals Research, IIR Energy

Energy Transfer, Satellite Petrochemical form ethane export terminal JV

HOUSTON, March 15, 2018 (PCW) –- Energy Transfer Partners and Satellite Petrochemical on Thursday announced a joint-venture ethane export terminal along the US Gulf Coast called Orbit.

As part of the project, a new 20-inch ethane pipeline from ETP’s Mont Belvieu fractionators would be built to the terminal, along with an on-site on-site 800,000 barrel refrigerated ethane storage tank and a 175,000 b/d refrigeration facility. Satellite will import the ethane for its use at its new crackers in China’s Jiangsu province. In-service is expected in 4Q 2020.

ETP will construct and wholly own the infrastructure that is required to both supply ethane to the pipeline and to load the ethane on to Very Large Ethane Carriers (VLECs) destined for Satellite’s new crackers in China. ETP a will provide Satellite with approximately 150,000 b/d of ethane under a long-term, demand-based agreement. ETP will also provide storage and marketing services for Satellite.

Satellite’s new petrochemical plant in China include a 2.75 billion lbs/yr ethane cracker and associated LLDPE, HDPE and EO/EG units. The cracker could consume some 75,000 b/d of ethane, according to PetroChem Wire estimates.

In a separate release, Satellite pegged the project’s budget at $630 million; it will invest some $296 million, a 47% stake.

ETP did not name the location of the planned Gulf Coast export terminal. It owns and operates a refined products/LPG export terminal at Nederland, Texas, that is one of the prime export facilities for normal butane out of the US. The 200,000 b/d Mariner South pipeline moves propane and butane from ETP’s facilities at Mont Belvieu to Nederland for export.

ETP also owns and operates one of the US’ two existing ethane export terminals at Marcus Hook, Pennsylvania. That terminal exports ethane moving on the 70,000 b/d Mariner East 1 pipeline, which had its operations suspended last week due to the emergence of sinkholes. Enterprise Products Partners owns the second ethane terminal, the 200,000 b/d facility at Morgan’s Point, Texas.

Another possible facility has been put forward by American Ethane, which late last year, signed a $26 billion contract with China’s Nanshan Group for US ethane out of a yet-to-be-built terminal along the US Gulf Coast. -- Samantha Hartke

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