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Released September 22, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--DowDuPont (NYSE:DWDP) (Midland, Michigan and Wilmington, Delaware) says it has started up two key chemical processing units at its operations in Freeport, Texas, with more projects on the way as part of its next wave of growth investments.
DowDuPont announced Thursday the startup of its new integrated 1.5 million-metric-ton-per-year ethylene production facility and its 400,000-metric-ton-per-year ELITE enhanced polyethylene production facility. Industrial Info has tracked the ethylene unit project since 2011 and the polyethylene project since 2014. See Industrial Info's project reports for more information on the ethylene unit and the polyethylene unit.
Both units will continue to ramp up through the third quarter and are expected to reach full rates in the fourth quarter of 2017, DowDuPont said. The units will be operated by DowDuPont Materials Science business division, which will become a separate company to be known as Dow, when DowDuPont separates into three companies within the next 18 months. Dow Chemical Company (Midland, Michigan) and E.I. du Pont de Nemours and Company (DuPont) (Wilmington, Delaware) finalized their merger on August 31. For more information, see September 5, 2017, article - After Merger, What's Next for DowDuPont?
"These facilities are an integral part of Dow's investments on the U.S. Gulf Coast to meet increasing consumer-led demand in our core market verticals of packaging, infrastructure and consumer care, and will enable our next level of earnings and cash flow growth," said DowDuPont Executive Chairman Andrew Liveris, executive chairman of DowDuPont and chairman and chief executive officer of Dow.
More Gulf Coast expansions and additions are in the works as part of the company's next phase of planned growth. Additional projects extend U.S. growth investments by more than $1.5 billion, for a total of more than $12 billion over a 10-year period, Dow said in May. For more information, see April 28, 2017, article - Dow Chemical Turns Focus to Incrementals in Wake of Gulf Coast, Saudi Build-Ups.
As part of the company's next wave of growth investments, the Freeport ethylene unit will be expanded to 2 million metric tons, making it the world's largest ethylene facility. For more information on the expansion, see Industrial Info's project report.
The Freeport polyethylene production unit is the first of four derivative units that the company is developing at its manufacturing sites in Texas and Louisiana. The polyethylene resins are used in multiple types of flexible food and industrial packaging applications. Dow is expected to complete construction of a 500,000-to-550,000-metric-ton-per-year low density polyethylene (LDPE) plant next month at its plant in Plaquemine, Louisiana, as well as a 650,000-metric-ton-per-year LDPE unit by September 2018 in Freeport. For more information, see Industrial Info's reports on the Plaquemine and Freeport projects.
On Tuesday, Chevron Phillips Chemical Company LLC (The Woodlands, Texas) announced it completed commissioning of two new polyethylene units in Old Ocean, Texas. Chevron Phillips Chemical is jointly owned by Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston, Texas). For more information, see September 20, 2017, article - Chevron Phillips Commissions Polyethylene Units, More on the Way in Texas, Louisiana.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
DowDuPont announced Thursday the startup of its new integrated 1.5 million-metric-ton-per-year ethylene production facility and its 400,000-metric-ton-per-year ELITE enhanced polyethylene production facility. Industrial Info has tracked the ethylene unit project since 2011 and the polyethylene project since 2014. See Industrial Info's project reports for more information on the ethylene unit and the polyethylene unit.
Both units will continue to ramp up through the third quarter and are expected to reach full rates in the fourth quarter of 2017, DowDuPont said. The units will be operated by DowDuPont Materials Science business division, which will become a separate company to be known as Dow, when DowDuPont separates into three companies within the next 18 months. Dow Chemical Company (Midland, Michigan) and E.I. du Pont de Nemours and Company (DuPont) (Wilmington, Delaware) finalized their merger on August 31. For more information, see September 5, 2017, article - After Merger, What's Next for DowDuPont?
"These facilities are an integral part of Dow's investments on the U.S. Gulf Coast to meet increasing consumer-led demand in our core market verticals of packaging, infrastructure and consumer care, and will enable our next level of earnings and cash flow growth," said DowDuPont Executive Chairman Andrew Liveris, executive chairman of DowDuPont and chairman and chief executive officer of Dow.
More Gulf Coast expansions and additions are in the works as part of the company's next phase of planned growth. Additional projects extend U.S. growth investments by more than $1.5 billion, for a total of more than $12 billion over a 10-year period, Dow said in May. For more information, see April 28, 2017, article - Dow Chemical Turns Focus to Incrementals in Wake of Gulf Coast, Saudi Build-Ups.
As part of the company's next wave of growth investments, the Freeport ethylene unit will be expanded to 2 million metric tons, making it the world's largest ethylene facility. For more information on the expansion, see Industrial Info's project report.
The Freeport polyethylene production unit is the first of four derivative units that the company is developing at its manufacturing sites in Texas and Louisiana. The polyethylene resins are used in multiple types of flexible food and industrial packaging applications. Dow is expected to complete construction of a 500,000-to-550,000-metric-ton-per-year low density polyethylene (LDPE) plant next month at its plant in Plaquemine, Louisiana, as well as a 650,000-metric-ton-per-year LDPE unit by September 2018 in Freeport. For more information, see Industrial Info's reports on the Plaquemine and Freeport projects.
On Tuesday, Chevron Phillips Chemical Company LLC (The Woodlands, Texas) announced it completed commissioning of two new polyethylene units in Old Ocean, Texas. Chevron Phillips Chemical is jointly owned by Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX) (Houston, Texas). For more information, see September 20, 2017, article - Chevron Phillips Commissions Polyethylene Units, More on the Way in Texas, Louisiana.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
