Mexico’s energy reforms, in combination with the expansion of the Panama Canal, have reconfigured the fortunes for liquefied petroleum gas (LPG), according to an analysis by IHS Markit.
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Harvey Still Pummeling Gulf Coast Olefins Trade, Says IHS Markit
Hurricane Harvey’s flooding rains sharply reduced domestic and in turn global petrochemical production of linear alpha olefins (LAO), and operators still are scrambling to make up for the shortfall, according to IHS Markit.
Appalachia Selling Supply Diversity, Petrochem Benefits in Wake of Gulf Coast Storms
As another tropical storm formed in the Caribbean Sea on Thursday and with the effects of Hurricane Harvey still being felt throughout the energy value chain, those working to attract more petrochemical operations to the Appalachian Basin are raising their voices about supply diversity and the region’s other benefits.
Gulf Coast PE Units Begin Producing, with Harvey-Delayed Cracker Ready in Early ’18, Says Chevron Phillips
Two polyethylene (PE) units at Old Ocean east of Houston in Brazoria County have begun production, with each able produce up to 500,000 metric tons/year to service ever-increasing petrochemical demand, Chevron Phillips Chemical Co. LLC said Tuesday.
LyondellBasell FIDs Houston Petrochem Project, Largest Investment in Company History
LyondellBasell pulled the trigger Friday to build the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) projects in the Houston area, a $2.4 billion investment fed by U.S. natural gas that would be its single largest in company history.
Appalachian Business Council Working to Bolster Infrastructure to Advance Petrochemical Projects
Another group with varying business interests in the Appalachian Basin has been working quietly since late last year to identify weaknesses in regional infrastructure so that it’s ready to support the growth expected from petrochemical and other shale-related development in the region.
CPChem Begins Commissioning PE Units as Texas Gulf Coast Business Expands
Two polyethylene (PE) units, a key part of a $6 billion petrochemical expansion on the Texas Gulf Coast, have achieved mechanical completion, considered a major milestone, Chevron Phillips Chemical Co. LP (CPChem) said Monday.
Proposed Louisiana LNG Terminal Adding Petrochemical Export Capability
G2 LNG plans to expand the site of its proposed liquefied natural gas (LNG) export facility in Cameron Parish, LA, by 500 acres to allow it to potentially export petrochemicals besides LNG.
PA-Commissioned Study Finds Appalachian Basin Has Room For Four More Crackers
Pennsylvania will soon release a study it commissioned that shows the Appalachian Basin is uniquely positioned to compete in the global petrochemicals market, with enough ethane available to support up to four more ethane crackers in addition to Shell Chemical Appalachia LLC’s planned facility.
EIA Sees Ethane Production, Consumption Rising Through 2018
U.S ethane production is expected to increase over the next two years as the petrochemical industry consumes more and new export facilities ramp-up their overseas shipments, according to the Energy Information Administration’s (EIA) latestShort-Term Energy Outlook.