ExxonMobil starts up new PE unit in Texas
The company’s new PE units are able to produce 650,000/ton of PE each. The new unit is expected to boost the PE capacity of the complex by nearly 1.3 million tons/year in accordance with the company’s capacity expansion plans.
Details about which grades of PE will be produced at the newly started line were not revealed.
Once the second line is also operational, the multi-million project is aimed to increase the plant’s overall capacity to 2.5 million tons/year, making it one of the largest PE plants in the world.
The second unit will reportedly produce HDPE and LLDPE grades upon completion, although it is not clear when the second unit will be started up.
According to the statement, the company is planning to export a significant quantity of PE from its new facility later this month.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Turkey PP, PE markets propelled higher by shipping bottlenecks in Sept
- Are record-high PVC prices the new normal amid enduring pandemic?
- European PVC up for 16th month in Sept, prices touch new highs
- Egypt’s PP, PE markets rise on tightness in September
- Logistics snarls propel import PP, PE offers higher in Europe
- Import PVC prices near all-time highs in India, disparity with China/SEA grows
- PP, PE supplies rise in China; demand lags behind expectations despite peak season
- Stats: China’s July PE imports increase after 3 months of declines
- Will Asia’s PS markets follow ABS higher on cost support?
- Sept PET expectations diverge in shade of opposite factors in Europe