From PetroChem Wire . . . .
PetroChem Wire's Daily Wire provides closing prices and a summary of the day's trading activity for US ethylene, proylene, polymers and upstream NGLs markets. Begun in 2007, its olefins and polyolefins prices serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system.
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ExxonMobil to build new Baton Rouge polypropylene plant
HOUSTON, March 1, 2019 (PCW) -- ExxonMobil will move forward with construction of a 450,000 mt/yr (992 million lbs/yr) polypropylene expansion in Baton Rouge, LA, the company said today.
Construction is expected to begin in 2019 and start-up is expected in 2021.
The engineering, procurement and construction (EPC) contract has been awarded to Baton Rouge-based Turner Industries and Jacobs Engineering, which will use local workers to design and build the facility. -- David Barry