Exxon starts up new PE plant, delays cracker commissioning in Texas
The company’s new PE units are able to produce 650,000/ton of PE each.
In the meantime, the company has delayed the start-up of its 1.5 million tons/year ethane cracker in Texas to the second half of 2018. The company was originally planning to commission the cracker in Q4; however, Hurricane Harvey, which hit the Texas Coast in late August, caused delays in the construction.
ExxonMobil is now aiming to finalize construction at the cracker in the beginning of 2018 while production is scheduled the start by the middle of next year.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Tight supply supports SEA import PP market at 5-year highs
- Asian PS, ABS markets shoot up on production upsets, soaring styrene
- Upsurge continues to wreak havoc on Turkey’s PP, PE markets
- PVC rally roars back in Asia as supply worries mount
- China PP, PE markets join global rally after Lunar New Year holiday
- PE, PP and PVC supply crunch exacerbated on US absence, traditional trade flows upended
- European PP, PE markets set for 5th bullish month as shortage bites
- Turkey shattered as PP prices shoot up to surreal levels
- Polymer markets face one of most chaotic times
- Turnaround season set to get underway in Asia