Pipelines
Industrial Info Tracks $3.69 Billion in Third-Quarter 2018 Project Kickoffs, Completions in Harris County, Texas
Industrial Info is tracking $3.69 billion in planned project kickoffs and completions in the third quarter of this year in Harris County, Texas.
Among the largest projects planned to start construction in the quarter is a polyethylene unit addition in Pasadena, Texas. The project is a joint venture (Bayport Polymers LLC) of Total SA (NYSE:TOT) (Paris, France) and Novealis Holdings LLC, itself a joint venture of Borealis AG (Vienna, Austria) and NOVA Chemicals Corporation (Calgary, Alberta). The project will be located at an existing Total site and will have a production capacity of 1.35 billion pounds per year. Construction is expected to take a little more than three years. Jacobs Engineering Group Incorporated (NYSE:JEC) (Dallas, Texas) is performing design engineering, and WorleyParsons Limited (North Sydney, Australia) is construction manager. For more information, see Industrial Info's project report. The companies yesterday held the groundbreaking ceremony for a new ethane cracker at Total's refinery in Port Arthur, Texas.
In the Terminals sector, Fairway Energy Partners LLC (Houston, Texas) is planning crude oil storage cavern additions at its facility in Houston. The project will add two caverns with approximately 9 million barrels of storage, as well as 4 million barrels of surface tanks for segregation and blending. The project, which has an estimated total investment value (TIV) of $120 million, is expected to be completed in the first half of next year. Wood Group Mustang Incorporated (Houston) is engineering, procurement and construction (EPC) contractor. For more information, see Industrial Info's project report.
In the Pipelines Industry, Magellan Midstream Partners (NYSE:MMP) (Tulsa, Oklahoma) is planning to kick off construction on its refined products pipeline from Houston to Hearne, Texas. The 135-mile pipeline will carry 85,000 barrels per day of refined products to distribution networks in Hearne with access to other points in Texas, as well as the Mid-Continent and Arkansas markets. The project is expected to take about a year to complete. For more information, see Industrial Info's project report.
Among the projects planned to be wrapped up in the quarter is United Parcel Service Incorporated's (NYSE:UPS) (Sandy Springs, Georgia) grassroot distribution center in Houston. The 260,000-square-foot building is being built on a 68-acre site and will expand the company's regional distribution operations. Alston Construction Company (Houston) is the general contractor on the project, which has an estimated TIV of $143 million. Construction began in the third quarter of last year. For more information, see Industrial Info's project report.
Also planned for completion in the quarter is Targa Resources Corporation's (NYSE:NGLS) (Houston) condensate splitter in Channelview, Texas. Construction includes installing the 35,000-BBL/d condensate splitter along with supporting equipment to produce naphtha, kerosene, jet fuel and liquefied petroleum gas. The project began in the second quarter of 2016, with KP Engineering Limited Partnership (Tyler, Texas) providing EPC. The project has an estimated TIV of $115 million. For more information, see Industrial info's project report.
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.
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