Gulf Coast Petrochemicals Project Chevron Phillips Breaks Ground for Petrochemicals on US Gulf Coast
Chevron Phillips Chemical held the second groundbreaking for its billion-dollar Gulf Coast Petrochemicals Project at Old Ocean, Texas. The megaplant project (including two 500,000 tons polyethylene units) shall give Chevron Phillips a lead in shale gas utilisation, the company believes.
Old Ocean, Texas/USA – The resin from the polyethylene units will be used for a variety of products, including new flexible packaging options that extend the shelf life of fruits and vegetables, as well as in the creation of plastic piping, merchandise bags, and bottles. In addition to constructing the production facilities, 45 miles of railroad track will be installed on-site to hold and transport the output of these units. Engineering, procurement and construction (EPC) phase of the two polyethylene units is being executed through Gulf Coast Partners, a partnership between Technip USA and Zachry Industrial.
"With the construction of this mega project, we will be in a position to better serve the growing needs of our customers around the globe. This entire project is made possible by advances in technology. First, through innovations within the E&P industry to unlock oil and gas trapped in shale rock. Second, by the research and brilliance within Chevron Phillips Chemical to develop high-performance polyethylene resins,” said Peter L. Cella, president and chief executive officer of Chevron Phillips Chemical.