Comprehensive Energy Data Intelligence
Information About Energy Companies, Their Assets, Market Deals, Industry Documents and More...
New Ethylene Facilities Going into Service in 2019
01/14/2019
New Facilities Scheduled to Go Operational as U.S. Ethylene Market Is on the Rise
Both on supply and demand side prospects for the NGLs market look bright. In particular, U.S. production is expected to grow by 15% in 2019. Most of the scheduled capacity will be paired with derivative units so spot prices will not be heavily affected.
Behind the expected output increase stand several key facilities, most of them to be completed in Louisiana.
The Number One hub for these projects is the Lake Charles area.
Indorama Ventures is about to complete its long-awaited 420,000 tonnes/year cracker unit. It will process ethane and propane feedstocks to produce 370,000 tonnes/year of ethylene and 30,000 tonnes/year of propylene. The facility, idled back in in 2001, was acquired in late 2015 from Occidental Chemical (OxyChem). It is currently in commissioning and should go operational early in 2019.
Sasol’s Lake Charles Chemical Complex consisting of seven manufacturing units situated on approximately 400 acres will have tripled the company's chemical production capacity once an ethane cracker with annual capacity of 1.5 million tonnes/year of ethylene will be put to service. Approximately 90 percent of the cracker's ethylene output will be converted into a diverse commodity and high-margin specialty chemicals. The cracker is reaching mechanical completion in December 2018.
Finally, Lake Charles petrochemical project, a JV by Westlake Chemical Corp. and Lotte Chemical USA Corp. (South Korea), will put in service an ethane cracker to produce more than 1 million-tonne/year of ethylene. The Lake Charles ethylene plant is scheduled for startup during first-quarter 2019.
Point Comfort, Texas
Formosa Plastics Corp. USA. is currently building a 1.6 million tonnes/year plant here. It is to begin operation in 2019.
Plaquemine, LA
Shintech Inc., the U.S. subsidiary of Shin-Etsu Chemical Co. Ltd., Tokyo, is building a 500,000 tonnes/year ethylene plant here.
The company had planned to reach mechanical completion by the end of 2018 and to begin start-up during the first quarter. The ethane cracker is part of an expansion planned to support feedstock for the company’s ethylene vinyl chloride (VCM) and polyvinyl chloride (PVC) production.
Information about other U.S. petrochemical facilities including NGL/LPG/HV pipelines can be discovered on Rextag’s U.S. Natural Gas Liquids Infrastructure maps.
If you are looking for more information about energy companies, their assets, and energy deals, please, contact our sales office mapping@hartenergy.com, Tel. 619-349-4970 or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business.
How Big Is U.S. NG Pipeline Network?
![$data['article']['post_image_alt']](https://rextag.com/images/public/blog/pipelines.jpg)
See how U.S. NG pipeline network length compares to that of other countries.
NGL Energy Partners Strengthens its Propane Asset Portfolio in the North-East
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/Chesapeake_NGL_terminal.png)
NGL Energy Develops Its Portfolio of Wholesale Propane Business Assets. Bought From DCP
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/184Blog_Rangeland Energy Divests Canadian Pipeline to Kingston Midstream.png)
Rangeland Energy has agreed to sell Rangeland Midstream Canada to Kingston Midstream Alberta and remains committed to future Canadian midstream investments. Texas-based Rangeland Energy, supported by financial partner EnCap Flatrock Midstream, has inked a deal to sell its Canadian subsidiary, Rangeland Midstream Canada Ltd., to Calgary's Kingston Midstream Alberta Ltd. for cash.
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/187Blog_ONEOK Completes Acquisition of Magellan Midstream.png)
The merger between ONEOK and Magellan received approval from Magellan shareholders, securing just 55% of the total votes at Magellan’s meeting on Sept. 21. ONEOK Inc. has successfully concluded the acquisition of Magellan Midstream Partners LP on Sept. 25. The deal will bring together their respective assets and expertise, resulting in a powerful entity boasting an extensive network of approximately 25,000 miles of pipelines primarily focused on transporting liquids.
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/186Blog_Viper Energy Secures $1 Billion in Permian.png)
Viper Energy's deal, comprised of cash and equity, secures an additional 2,800 net royalty acres in the Midland Basin and 1,800 in the Delaware Basin. Viper Energy Partners LP, a Diamondback Energy Inc. subsidiary, has inked a deal to acquire mineral and royalty interests in the Permian Basin. The deal, valued at around $1 billion, is with Warwick Capital Partners and GRP Energy Capital. Viper was established by Diamondback with the purpose of owning, purchasing, and capitalizing on oil and natural gas assets in North America, specifically targeting mineral and royalty interests.