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Released November 17, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Phillips Chemical Company LLC (CPChem) (The Woodlands, Texas) and QatarEnergy (Doha, Qatar) are moving forward with construction of an $8.5 billion integrated polymers facility in Orange, Texas, the companies said Wednesday.
The plant is expected to begin operations in 2026 and will include a 2.08 million-tonne-per-year ethane cracker and two 1 million-tonne-per-year high-density polyethylene (HDPE) units, the companies said in a press release.
Industrial Info has been tracking the project since June 2015. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing project and plant databases can click here for a list of detailed project reports and click here for the related plant profile.
CPChem owns a 51% equity share in the joint venture and QatarEnergy owns 49%. CPChem will manage engineering, procurement and construction for the project and operate the facility after start-up. Construction will begin immediately near Chevron Phillips Chemical's existing facility in Orange, the companies said.
ZDJV, a joint venture between Zachry Industrial Incorporated (Zachry Group) (San Antonio, Texas) and DL USA, Incorporated (Baton Rouge, Louisiana), will execute the engineering, procurement and construction of the polyethylene units.
The project aims to have 25% lower greenhouse gas emissions than similar facilities in the U.S. and Europe, CPChem and QatarEnergy said in the press release. The facility is expected to create 500 full-time jobs.
CPChem is a joint venture of Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston, Texas).
Industrial Info is tracking 37 CPChem projects, worth $14.47 billion. Subscribers can click here for a list of CPChem project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
The plant is expected to begin operations in 2026 and will include a 2.08 million-tonne-per-year ethane cracker and two 1 million-tonne-per-year high-density polyethylene (HDPE) units, the companies said in a press release.
Industrial Info has been tracking the project since June 2015. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing project and plant databases can click here for a list of detailed project reports and click here for the related plant profile.
CPChem owns a 51% equity share in the joint venture and QatarEnergy owns 49%. CPChem will manage engineering, procurement and construction for the project and operate the facility after start-up. Construction will begin immediately near Chevron Phillips Chemical's existing facility in Orange, the companies said.
ZDJV, a joint venture between Zachry Industrial Incorporated (Zachry Group) (San Antonio, Texas) and DL USA, Incorporated (Baton Rouge, Louisiana), will execute the engineering, procurement and construction of the polyethylene units.
The project aims to have 25% lower greenhouse gas emissions than similar facilities in the U.S. and Europe, CPChem and QatarEnergy said in the press release. The facility is expected to create 500 full-time jobs.
CPChem is a joint venture of Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston, Texas).
Industrial Info is tracking 37 CPChem projects, worth $14.47 billion. Subscribers can click here for a list of CPChem project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
