Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Sabic and ExxonMobil have announced that they are studying prospects for jointly building an ethylene plant and linked derivatives units in Texas or Louisiana, to take advantage of relatively low cost locally produced gas from shale formations.
ExxonMobil says that the proposed cracker will have capacity to produce a record 1.8mn tons/year of ethylene, which would feed two polyethylene units and a monoethylene glycol plant. MEES estimates that such a cracker would require 170mn cfd of ethane feedstock. Sabic first began talks with potential partners for development of a US ethylene project in early 2013, when it was considering “at least one or two investments” to capitalize on the ready availability of cheap US shale gas.
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE