New integrated polymers facility on
Chevron Phillips Chemical Company LLC and QatarEnergy are proceeding with the construction of an integrated polymers facility in Orange , Texas .
US Gulf Coast to be constructed
Text and image by Chevron Phillips Chemical
Chevron Phillips Chemical Company LLC and QatarEnergy announced that they are proceeding with the construction of an EUR 8 billion integrated polymers facility in Orange , Texas , expected to create more than 500 full-time jobs and approximately 4,500 construction jobs and generate an estimated EUR 47.2 billion for the community in residual economic impacts . The companies have made a positive final investment decision on the project and created a joint venture company , Golden Triangle Polymers Company LLC , named for the Golden Triangle region of Texas that includes the city of Orange . Chevron Phillips Chemical owns a 51 % equity share in the joint venture and QatarEnergy owns 49 %. “ Chevron Phillips Chemical and QatarEnergy have collaborated for over 20 years on the assets we operate together in Qatar . We have a great relationship and a proven track record of operating these facilities safely and reliably ,” said Chevron Phillips Chemical President and CEO Bruce Chinn . “ Our products are part of a lower carbon future . This facility will help meet the growing demand for our products and improve the quality of life for the world ’ s growing global population .”
His Excellency Mr Saad Sherida Al-Kaabi , the Minister of State for Energy Affairs , the President and CEO of QatarEnergy said : “ We are excited to announce taking the FID on our largest petrochemical investment ever . This important project will complement QatarEnergy ’ s growing portfolio , both internationally as well as in the United States , and will help meet growing global demand for polymers . It builds on our long-term and successful partnership with Chevron Phillips Chemical , and we look forward to further collaborations in the future .”
Expected results
Once operational , the plant will produce Marlex ® polyethylene . Polyethylene is used in the production of durable goods like pipe for natural gas and water delivery and recreational products such as kayaks and coolers . It is also used in essential packaging applications to protect and preserve food , helping prevent it from going to landfills , and keep medical supplies sterile . The plant , expected to begin operations in 2026 , will include a 2,080 KTA ethane cracker and two 1,000 KTA high-density polyethylene units . The project is targeting to have approximately 25 % lower greenhouse gas
30 Valve World February 2023 www . valve-world . net