ExxonMobil, SABIC select Texas site | Petrochemical News | PetroChem Wire

New From PetroChem Wire . . . .

NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

For more information, click here.

ExxonMobil, SABIC select Texas site for new petchems complex

HOUSTON, April 19, 2017 (PCW) – ExxonMobil and SABIC on Wednesday announced they had selected San Patricio County in Texas as the site of their new joint-venture petrochemical complex.

The complex would include a 3.96 billion lbs/yr ethylene plant, a 1.32 billion lbs/yr monoethylene glycol unit and two polyethylene units (capacity: 1.32 billion lbs/yr each).

The companies will now apply for the necessary air and wastewater permits from the Texas Commission on Environmental Quality, A final investment decision will be made on the project after the required permits have been granted.

No time frame on the FID was provided.

The companies were looking at locations in St. James Parish, the Parish of Ascension, both in Louisiana; Victoria and San Patricio County, both in Texas.

ExxonMobil is already building a new cracker in Texas. The 3.3 billion lb/yr plant is scheduled to come online in the second half of this year. SABIC has, for many years, discussed the possibility of building an ethylene plant but, until now has not made any official announcements. It holds an 11.54% ownership stake in the 2.06 billion lbs/yr olefins unit at Geismar, whose majority stake was purchased this week by NOVA Chemicals from Williams. -- Samantha Hartke

Sign Up for RSS Feed  follow us in feedly