Harris County is Tops in Texas Project Spending for Second-Half 2017

Researched by Industrial Info Resources (Sugar Land, Texas)--Harris County prevails in Texas in project spending for the second half of 2017. Industrial Info Resources is tracking 105 active and unconfirmed projects worth $18 billion in Harris County, Texas, that are either finishing up or starting construction during this period.

The Chemical Processing Industry leads in overall project activity in the county during second-half 2017, with Industrial Info tracking 36 such projects with a combined investment value of $9 billion. Other industries, such as Terminals and Industrial Manufacturing, also make strong showings.

Second-half Construction Starts
With an expected construction kickoff in November, Odfjell Terminals Houston LP's (Seabrook, Texas) $3 billion Seabrook Chemical Ethylene Export Terminal Addition is by far the biggest project in total investment value. A subsidiary of JGC America Incorporated is performing the front-end engineering design (FEED). The proposed export terminal would be built next to Odfjell's existing liquids terminal, which is positioned near major ethylene pipeline corridors, according to JGC America. The addition includes a refrigerated storage tank to be used in the export of ethylene and natural gas liquids. The developers expect final project approval by August. The project is set for completion in April 2019. JGC America is part of JGC Corporation (Yokohama, Japan). Odfjell Terminals is owned by Odfjell SE (Bergen, Norway) (51%) and Lindsay Goldberg LLC (New York) (49%). For more information, see Industrial Info's project report.

The biggest Chemical Processing Industry project set to begin construction is the $2.25 billion Propylene Oxide (PO)/Tertiary Butyl Alcohol (TBA) unit addition at LyondellBasell Industries N.V.'s (NYSE:LYB) Channelview complex. Still awaiting final approval, the unit would produce 1 billion pounds per year of PO and 2.2 billion pounds per year of TBA. LyondellBasell is working on the project with WorleyParsons (North Sydney, Australia) and Fluor Corporation (NYSE:FLR) (Irving, Texas). Construction is expected to kick off in November and be completed in March 2021. LyondellBasell's U.S. operations are headquartered in Houston, Texas, and it is incorporated in Rotterdam, Netherlands. For more information, see Industrial Info's project report.

The Industrial Manufacturing Industry comes in third place in planned second-half kickoffs, as a result of the $1.5 billion Mickey Leland International Terminal D Replacement at the George Bush Intercontinental Airport in Houston. The project comprises a 780,000-square-foot, 15-gate terminal, parking space and other items. It is scheduled to start construction in July, with completion in October 2021. For more information, see Industrial Info's project report.

Second-half Project Completions
As part of the massive petrochemical buildout on the U.S. Gulf Coast, Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) (Irving, Texas) is constructing $2.5 billion worth of additions at its olefins plant Baytown Olefins plant in Baytown. The 3 billion-pound-per-year ethylene unit will have tie-ins to the completed Baytown OSBL project. Construction began in June 2014 and is expected to be completed this September. For more information, see Industrial Info's project report.

Also, Chevron Phillips Chemical Company's (The Woodlands, Texas) $2.5 billion Cedar Bayou ethylene unit addition in Baytown is set for completion in November. Construction of the 3.3 billion-pound-per-year unit began in mid-2014. Chevron Phillips is jointly owned by Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston). For more information, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.