LACC LLC has held a groundbreaking ceremony at its Calcasieu Parish, La. construction site. LACC LLC is the joint-venture company formed by Axiall Corp. and Lotte Chemical Corp. of the Republic of Korea.
In addition to constructing the ethane cracker that is expected to produce 1 million tpy of ethylene, Lotte Chemical will also construct an adjacent plant to produce 700 000 t annually of ethylene glycol (EG).
“Among Korean petrochemical companies, Lotte Chemical is the first to locate a project in the United States; as such, this project represents a significant investment by Lotte Chemical,” said Soo Young Huh, Lotte Chemical President and CEO.
“For Axiall this commitment marks the next phase of our continued investment in the Lake Charles area,” said Tim Mann, Axiall President and CEO. “Our construction site is just west of our largest chemicals plant, where we have operated for nearly 70 years.”
The groundbreaking marks the beginning of the construction phase, which follows months of land clearing and preparation on approximately 250 acres at the southwest corner of the interchange of Interstate highways 10 and 210 in the greater Lake Charles area.
Building the new chemical facilities is expected to have a positive economic impact on southwestern Louisiana. The total capital investment in the facilities is expected to be US$3 billion.
CB&I will execute the main steam cracker contract.
The state-of-the-art steam cracking facility will be built adjacent to Axiall’s largest chlor-alkali chemical facility, located in Lake Charles, to take advantage of Axiall’s existing infrastructure, access to competitive feedstock resources, and ethylene distribution infrastructure. The facility’s anticipated start-up would be in early 2019.
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/15062016/lacc-llc-holds-ceremony-at-calcasieu-parish/