Total begins engineering & design work for 2nd US cracker
by ChemOrbis Editorial Team - content@chemorbis.com
France’s Total Refining and Chemicals announced it will begin front-end engineering and design work on a second cracker in the US to take advantage of shale gas. The company reportedly plans to invest $2 billion on a second cracker in Port Arthur, Texas with a capacity of 2.2 million lbs/year.
Total has contracted with The Woodlands-based CB&I for the front-end work and a final decision is expected next year. If the cracker proceeds, it is expected to start up in 2019.
Total’s President Philippe Sauquet said in a statement, “In the United States, we want to capitalize on the shale gas revolution during which gas prices have plunged 66 percent. In such an environment, the advantage to investing in petrochemical activities is access to a plentiful, inexpensive feedstock and to low-cost energy for our plants.”
Total said it is in talks with potential co-venturers for the planned second side cracker.
CB&I said the project would involve its latest ethylene technology, including seven highly selective cracking heaters.
Total has contracted with The Woodlands-based CB&I for the front-end work and a final decision is expected next year. If the cracker proceeds, it is expected to start up in 2019.
Total’s President Philippe Sauquet said in a statement, “In the United States, we want to capitalize on the shale gas revolution during which gas prices have plunged 66 percent. In such an environment, the advantage to investing in petrochemical activities is access to a plentiful, inexpensive feedstock and to low-cost energy for our plants.”
Total said it is in talks with potential co-venturers for the planned second side cracker.
CB&I said the project would involve its latest ethylene technology, including seven highly selective cracking heaters.
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