Bayport Polymers LLC (Bay-Pol), a joint venture of Total S.A. and Novealis Holdings LLC – a joint venture of Borealis AG (Borealis) and NOVA Chemicals Inc. – recently held the official groundbreaking ceremony for the construction of a new ethane cracker at the Total Port Arthur Refinery.
The new US$1.7-billion ethane cracker is the first project under construction by the Bay-Pol joint venture.
The new 1 million tpy ethane cracker is being built alongside Total's Port Arthur Refinery and the existing Total/BASF steam cracker and is expected to start up in 2020.
Approximately 1500 jobs will be created during the peak engineering and construction activity, and, once fully operational, the cracker will require about 60 full-time jobs.
"This is an important milestone for our new company," said Diane Chamberlain, Bay-Pol President. "The power of partnership demonstrated here today firmly positions Bay-Pol to deliver innovative products and applications to new and existing customers, while reinforcing our position in an increasingly competitive polyethylene market."
Bernard Pinatel, President, Refining & Chemicals, Total, said: "We are excited to see the construction of our first project in the joint venture with Borealis and NOVA. This project is in perfect alignment with Total's strategy to expand in petrochemicals by leveraging our integrated platforms like Port Arthur and taking advantage of the abundance of ethane in the US. With our partners, we are ready to provide for the growing demand for superior products to the marketplace."
Borealis Chief Executive, Mark Garrett, said:"We are excited to see this project come to fruition and officially break ground. The new ethane steam cracker is a key growth initiative for Borealis. Our partnership with Total and NOVA Chemicals will position us as a leader in the US and allow us to deploy sophisticated technology with our partners."
Todd Karran, CEO, NOVA Chemicals, added: "The ethane steam cracker is the first phase of our joint venture with Total and Borealis, which will help us gain additional access to the US Gulf Coast. This project will allow us to better serve our customers throughout the Americas by delivering a broader slate of products that help make everyday life healthier, easier and safer."
Read the article online at: https://www.hydrocarbonengineering.com/refining/05062018/bay-pol-celebrates-new-ethane-cracker/