Power, Chemicals Lead Planned Second-Quarter Project Completions in U.S. Gulf Coast Region

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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Gulf Coast region from Brownsville, Texas, to Pascagoula, Mississippi, is one of the most important industrial regions in the U.S., home to most of the country's liquefied natural gas (LNG) export facilities and numerous chemical processing facilities. Industrial Info is tracking about $5.6 billion worth of projects in the area that are set to wrap up in the coming second quarter of 2022. By overall project value, the Power and Chemical Processing industries lead the region for upcoming completions.

Click on the image at right for a breakdown by industry of planned second-quarter 2022 project completions in the U.S. Gulf Coast region.

Among the top projects set to wrap up in the second quarter is Formosa Plastics Corporation's USA's (Livingston, New Jersey) addition of a third polypropylene production train at its facility in Point Comfort, Texas, on the Gulf Coast between Houston and Corpus Christi. Polypropylene demand soared in 2020-21, rising 12% in the 12 months to September 2021, according to Reuters. This being the case, Formosa Plastics' project was well timed, kicking off in 2018 and planned for completion as the demand for plastics has skyrocketed. The unit will produce approximately 551 million pounds per year when running at capacity. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for the detailed report.

Other chemical processing projects set to be completed in the coming quarter is the rebuild and expansion of BioLab Incorporated's (Lawrenceville, Georgia) plant for swimming pool chemicals (trichloroisocyanuric acid and disodium isocyanurate), which burned during Hurricane Laura in the record-breaking 2020 Atlantic hurricane season. Known as Project Juniper, the project includes the replacement of equipment such as tanks, piping and other infrastructure as well as new equipment additions, warehouse storage and lab space. Subscribers can click here for the project report.

With more than $2.2 billion worth of projects set to be completed in the coming quarter, the Power Industry takes the lead by project value in coming U.S. Gulf Coast completions. Solar power projects dominate. Such projects include Hanwha Group's (Seoul, South Korea) Nebula photovoltaic solar facility in San Benito, Texas, about 20 miles northwest of Brownsville. Upon completion, the facility will have a nameplate generating capacity of 137.45 megawatts (MW) from solar panels on a single-axis tracking system. Construction on the project kicked off late last year, with PCL Industrial Construction Company (Denver, Colorado) providing engineering, procurement and construction services. Subscribers to Industrial Info's Power Project can click here for the detailed report.

Other solar projects approaching completion include Falck Group's (Sesto San Giovanni, Italy) 204-MW solar project in Brazoria County, Texas. The project kicked off last year and will use an estimated 600,000 photovoltaic solar panels. Subscriber can click here for the project report.

Outside of the Power and Chemical Processing industries, the Terminals and Refining industries are neck and neck for the No. 3 position by project value. Terminal projects include Jefferson Energy Companies' (Houston, Texas) tank addition at its rail port terminal in Vidor, Texas. Contractors are adding 10 tanks totaling 1.9 million barrels along with five pipelines between a refinery in Beaumont and the rail terminal. Construction kicked off late last year and is expected to wind up this summer. Subscribers to Industrial Info's Terminals Project Database can click here for the report.

Refining projects include Marathon Petroleum Corporation's (NYSE:MPC) (Findlay, Ohio) upgrade of its 60,000-barrel-per-day fluid catalytic cracker unit (FCCU) at its refinery in Texas City, Texas, which entails modifying the main fractionation column and replacing reactor and regenerator internals to improve product yield. The project is expected to be completed in the coming weeks. Subscribers to Industrial Info's Refining Project Database can click here for the full report.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.