According to "Chemical and Engineering News", US petrochemical producers began to invest and build new production capacity after more than 10 years. This is mainly due to the development of low-cost shale gas. It is reported that in the past 10 years, petrochemical companies in the United States have hardly increased new The production capacity.
Recently, Chevron Phillips Chemical announced that it will conduct a feasibility study of a new ethylene cracker. In addition, Ineos is also brewing a new ethylene oxide plant. Chevron Phillips is working on the establishment of a 1.1 million tonne/year ethane cracking ethylene plant and multiple sets of derivative production facilities along the Gulf of Mexico. The company estimates that the new plant will be completed in 2016-2017. Chevron Phillips currently operates 3.55 million metric tons per year ethylene capacity in Cedar Bayou, Port Arthur and Sweeny, Texas.
Ineos is considering the construction of a new 500,000 t/y ethylene oxide plant in the United States and elsewhere, as well as a range of downstream derivatives including ethylene glycol.
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