Sasol, Ineos to Partner in New Polyethylene Plant on Texas Gulf Coast

A partnership between units of Sasol Ltd. and Ineos Europe AG has reached a final investment decision FID to build a high-density polyethlyne HPDE plant in the La Porte, TX petrochemical complex southeast of Houston.Sasol Chemicals USA LLC and Ineos Olefins & Polymers USA agreed to form a joint venture and proceed with the project, first announced last year see Daily GPI, July 25, 2013. The 50-50 partnership plans to produce 470 kilotons/year of bimodal HDPE. Ethylene required to produce HDPE would be supplied by each partner for the La Porte plant, which is to be built at the Battleground Manufacturing Complex operated by Ineos.La Porte is home to the Barbours Cut Terminal and Bayport, both operated by the Port of Houston, which serve international trading operations.”This project will expand Sasol’s presence in the global chemical market and complement our North American growth strategy,” said Sasol’s Fleetwood Grobler, group executive for global chemicals. “Its location offers several benefits, including access to U.S. Gulf Coast infrastructure and proximity to our current and proposed ethane cracker and derivatives complex in Southwest Louisiana.”

via Sasol, Ineos to Partner in New Polyethylene Plant on Texas Gulf Coast | 2014-06-09 | Natural Gas Intelligence.

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