Shell acquires air emission permit for planned US cracker
The company stated that the air emission permit was a significant step for the project. However, the company also reported that they will run some initial site development work before making a final decision on whether to build the project or not.
The planned cracker will cost around $4 billion and is expected to start production in 2019. The new ethane cracker is expected to be able to support the production of 1.5 million tons/year of ethylene, 500,000 tons/year of gas-phased HDPE, 500,000 tons/year of slurry HDPE, and 500,000 tons/year of LLDPE.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Initial ABS prices for July see larger increases than PS in Europe
- Supply constraints spark stronger PE trend than PP in global markets
- ABS, PS uptrend falters in China after H1 2020 ends at multi-month highs
- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem