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Released May 09, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--With the Chemical Processing Industry taking the lion's share, Brazoria County, Texas, ranks fifth in the Lone Star state in the value of capital projects that are finishing up or starting construction this year. More than 92% of the $3.8 billion in project investments in the Gulf Coast county are tied to chemical facilities.
As part of its $6 billion U.S. Gulf Coast (USGC) Petrochemicals expansion plan, Chevron Phillips Chemical Company (The Woodlands, Texas) is working to complete and pre-commission two polyethylene (PE) units in September at its Sweeny olefins facility in Old Ocean. Gulf Coast Partners (a 50:50 partnership between TechnipFMC plc (NYSE:FTI) (London, England) and Zachry Industrial Services Group (San Antonio, Texas)) is providing the engineering and construction services for the projects. Polyethylene Unit I and Unit II will each have 1.1 billion pounds per year in production capacity. Construction of the two units began in 2014.
The USGC Petrochemicals project is estimated to create 400 permanent jobs and has supported as many as 10,000 in its construction phase, according to Chevron Phillips, a 50:50 joint venture owned by Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston, Texas). For more info on the expansion project, see this article on the Chevron Phillips site. For more information on Chevron and Phillips 66, see May 1, 2017, articles - Chevron Slashes Capital Spending as Major Projects Start Up, Including Gorgon LNG and With Major Projects Completed, Phillips 66 Keeps Eye Toward Future Development.
In Alvin, construction began in January on a linear alpha olefin (LAO) unit addition at the Chocolate Bayou Olefins plant, which is owned by INEOS Olefins & Polymers USA (League City, Texas), a part of INEOS Group AG (London, England). Using proprietary INEOS oligomers technology, the unit will be able to produce 420,000 metric tons per year of linear alpha olefins, plus 85,000 metric tons per year of 1-Decene, a raw material used by polyalphaolefin units. The unit is expected to be completed in June 2019. For more information, see project report.
Also at the Chocolate Bayou plant, construction began in February on a 90-megawatt (MW) cogeneration power project. The power plant will have two 45-MW General Electric LM6000 combustion turbines with heat recovery steam generators and associated facilities. The cogeneration project is to be completed in June 2019. For more information, see project report.
In July, Dow Chemical Company (NYSE:DOW) (Midland, Michigan) is expected to complete a 400,000-metric-ton-per-year low density polyethylene (LDPE) unit at its Freeport Plant B site as part of its Gulfstream expansion program in Texas and Louisiana. For more information, see Industrial Info's project report.
Oil & Gas Production project investments in Brazoria Country take a very distant second at $196 million. This includes Phase IV of the carbon dioxide separation and recycling plant expansion at Denbury Resources Incorporated's (NYSE:DNR) (Plano, Texas) Hastings Crude Oil Production Field. With an expected construction start in November, the $100 million project will further facilitate the conversion of the crude oil and natural gas field into a CO2-flood enhanced oil recovery field to increase crude oil production. 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.
As part of its $6 billion U.S. Gulf Coast (USGC) Petrochemicals expansion plan, Chevron Phillips Chemical Company (The Woodlands, Texas) is working to complete and pre-commission two polyethylene (PE) units in September at its Sweeny olefins facility in Old Ocean. Gulf Coast Partners (a 50:50 partnership between TechnipFMC plc (NYSE:FTI) (London, England) and Zachry Industrial Services Group (San Antonio, Texas)) is providing the engineering and construction services for the projects. Polyethylene Unit I and Unit II will each have 1.1 billion pounds per year in production capacity. Construction of the two units began in 2014.
The USGC Petrochemicals project is estimated to create 400 permanent jobs and has supported as many as 10,000 in its construction phase, according to Chevron Phillips, a 50:50 joint venture owned by Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston, Texas). For more info on the expansion project, see this article on the Chevron Phillips site. For more information on Chevron and Phillips 66, see May 1, 2017, articles - Chevron Slashes Capital Spending as Major Projects Start Up, Including Gorgon LNG and With Major Projects Completed, Phillips 66 Keeps Eye Toward Future Development.
In Alvin, construction began in January on a linear alpha olefin (LAO) unit addition at the Chocolate Bayou Olefins plant, which is owned by INEOS Olefins & Polymers USA (League City, Texas), a part of INEOS Group AG (London, England). Using proprietary INEOS oligomers technology, the unit will be able to produce 420,000 metric tons per year of linear alpha olefins, plus 85,000 metric tons per year of 1-Decene, a raw material used by polyalphaolefin units. The unit is expected to be completed in June 2019. For more information, see project report.
Also at the Chocolate Bayou plant, construction began in February on a 90-megawatt (MW) cogeneration power project. The power plant will have two 45-MW General Electric LM6000 combustion turbines with heat recovery steam generators and associated facilities. The cogeneration project is to be completed in June 2019. For more information, see project report.
In July, Dow Chemical Company (NYSE:DOW) (Midland, Michigan) is expected to complete a 400,000-metric-ton-per-year low density polyethylene (LDPE) unit at its Freeport Plant B site as part of its Gulfstream expansion program in Texas and Louisiana. For more information, see Industrial Info's project report.
Oil & Gas Production project investments in Brazoria Country take a very distant second at $196 million. This includes Phase IV of the carbon dioxide separation and recycling plant expansion at Denbury Resources Incorporated's (NYSE:DNR) (Plano, Texas) Hastings Crude Oil Production Field. With an expected construction start in November, the $100 million project will further facilitate the conversion of the crude oil and natural gas field into a CO2-flood enhanced oil recovery field to increase crude oil production. 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.
