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Project(s): View 10 related projects in PECWeb
Plant(s): View 10 related plants in PECWeb
Released February 17, 2016 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--With $28.7 billion in active projects that are slated to begin construction in second-quarter 2016, the U.S. Southwest region easily outpaces the rest of the U.S. regions, according to Industrial Info's database. Oil & gas production-related projects take prominence among the second-quarter kickoffs: liquefied natural gas (LNG)-related projects alone account for more than $8 billion in total investment value.
Click on the image at right for a graph detailing planned second-quarter 2016 project kickoffs in the Southwest region by industry.
The Southwest region also includes Arkansas and Oklahoma but the bulk of the spending, more than $26 billion, comes from Texas and Louisiana, where energy-related projects along the Gulf Coast are driving many of the investments.
More than half of the total investment value--$15.1 billion--is tied to projects that are in the planning phases, where plenty of factors still could increase, decrease or totally eliminate the expected spending. The remaining $13.6 billion is connected to projects that are in engineering or early construction.
With an estimated price tag of $3 billion, the top oil & gas-related project is Cheniere Energy Incorporated's (NYSE:LNG) (Houston, Texas) Natural Gas Liquefaction Plant Train #3 Addition in Corpus Christi, Texas. The project involves construction of a 4.5 million ton-per-year LNG production train with a natural gas inlet capacity of 1 billion cubic feet per day. With completion currently scheduled in first-quarter 2020, the unit will bring total LNG at the Corpus Christi facility to 13.5 million tons per year. Bechtel Group (San Francisco, California) is serving as the engineering, procurement and construction contractor. For more information on the project, see Industrial Info's project report.
The Chemical Processing Industry comes in second place among second-quarter kickoffs, the largest of which is LACC LLC's $2 billion ethylene unit addition in Westlake, Louisiana. LACC, a joint venture between Lotte Chemical Corporation (Seoul, South Korea) and Axiall Corporation (NYSE:AXLL) (Atlanta, Georgia), is preparing to build a 1 million metric tonne-per-year ethane cracker. Most of the ethylene produced by the plant will supply a $1 billion monoethylene glycol (MEG) plant to be operated by Lotte. In addition, the plant will provide nearly half of the total ethylene used by Axiall for its existing manufacturing facilities at the site. Chicago Bridge & Iron Company (NYSE:CBI) (CB&I) (The Hague, Netherlands) was awarded a contract valued at more than $1.3 billion to provide engineering, procurement, fabrication and construction. Completion is set for first-quarter 2019. For related information, see December 22, 2015, article - Axiall, Lotte Plant Spearheads Second Wave of Ethylene Projects. For more information on the project, see Industrial Info's project report.
Invenergy Wind LLC's (Chicago, Illinois) $690 million Santa Rita Wind Energy Center near Big Lake, Texas is the Power Industry's top entry. For related information, see February 16, 2016, article - North American Renewables Sector to See More than $17.5 Billion in Second-Quarter 2016 Kickoffs, Fueled by Tax Credits. For more information on the project, see Industrial Info's project report. The remaining seven highest-value projects set to kick off in the Southwest are:
Click on the image at right for a graph detailing planned second-quarter 2016 project kickoffs in the Southwest region by industry.The Southwest region also includes Arkansas and Oklahoma but the bulk of the spending, more than $26 billion, comes from Texas and Louisiana, where energy-related projects along the Gulf Coast are driving many of the investments.
More than half of the total investment value--$15.1 billion--is tied to projects that are in the planning phases, where plenty of factors still could increase, decrease or totally eliminate the expected spending. The remaining $13.6 billion is connected to projects that are in engineering or early construction.
With an estimated price tag of $3 billion, the top oil & gas-related project is Cheniere Energy Incorporated's (NYSE:LNG) (Houston, Texas) Natural Gas Liquefaction Plant Train #3 Addition in Corpus Christi, Texas. The project involves construction of a 4.5 million ton-per-year LNG production train with a natural gas inlet capacity of 1 billion cubic feet per day. With completion currently scheduled in first-quarter 2020, the unit will bring total LNG at the Corpus Christi facility to 13.5 million tons per year. Bechtel Group (San Francisco, California) is serving as the engineering, procurement and construction contractor. For more information on the project, see Industrial Info's project report.
The Chemical Processing Industry comes in second place among second-quarter kickoffs, the largest of which is LACC LLC's $2 billion ethylene unit addition in Westlake, Louisiana. LACC, a joint venture between Lotte Chemical Corporation (Seoul, South Korea) and Axiall Corporation (NYSE:AXLL) (Atlanta, Georgia), is preparing to build a 1 million metric tonne-per-year ethane cracker. Most of the ethylene produced by the plant will supply a $1 billion monoethylene glycol (MEG) plant to be operated by Lotte. In addition, the plant will provide nearly half of the total ethylene used by Axiall for its existing manufacturing facilities at the site. Chicago Bridge & Iron Company (NYSE:CBI) (CB&I) (The Hague, Netherlands) was awarded a contract valued at more than $1.3 billion to provide engineering, procurement, fabrication and construction. Completion is set for first-quarter 2019. For related information, see December 22, 2015, article - Axiall, Lotte Plant Spearheads Second Wave of Ethylene Projects. For more information on the project, see Industrial Info's project report.
Invenergy Wind LLC's (Chicago, Illinois) $690 million Santa Rita Wind Energy Center near Big Lake, Texas is the Power Industry's top entry. For related information, see February 16, 2016, article - North American Renewables Sector to See More than $17.5 Billion in Second-Quarter 2016 Kickoffs, Fueled by Tax Credits. For more information on the project, see Industrial Info's project report. The remaining seven highest-value projects set to kick off in the Southwest are:
- $2.5 billion: Cheniere Energy Incorporated's Sabine Pass Natural Gas Liquefaction (LNG) Train #6 Addition in near Cameron, Louisiana
For more information on the project, see Industrial Info's project report. - $2 billion: Parallax Energy LLP's Port Of New Orleans LNG Liquefaction Plant and Export Terminal, in Louisiana
For more information on the project, see Industrial Info's project report. - $1.3 billion: Louisiana International Gulf Transfer Terminal Authority's
Venice International Gulf Transfer Terminal, Venice, Louisiana
For more information on the project, see Industrial Info's project report. - $1.2 billion: AM Agrigen Industries LLC's St Charles Parish Fertilizers Plant in Killona, Louisiana
For more information on the project, see Industrial Info's project report. - $1 billion: Lotte Chemical Corporation's Lake Charles Monoethylene Glycol (MEG) Unit Addition in Westlake, Louisiana
For more information on the project, see Industrial Info's project report. - $750 million: Royal Dutch Shell Plc's AOID Module Alpha-Olefins No 4 (AO-4) Unit Addition, Geismar, Louisiana
For more information on the project, see Industrial Info's project report. - $750 million: Alcoa Incorporated's San Antonio Aluminum Micromill Plant Expansion, Elmendorf, Texas
For more information on the project, see Industrial Info's project report.
