July 22, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--A 50:50 joint venture between TotalEnergies SE (NYSE:TTE) (Courbevoie, France) and Borealis said Thursday it has started up its new ethane cracker in Port Arthur, Texas. The $1.8 billion facility has an annual ethylene production capacity of one million tons per year. The project is a result of the 50:50 Bayport-Polymers (Baystar) joint venture between TotalEnergies and Novealis Holdings LLC, which itself is a joint venture between NOVA Chemicals (Calgary, Alberta) and Borealis AG (Vienna, Austria). TotalEnergies' refinery in Port Arthur is operating the facility.
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