Chevron Phillips Chemical Sees Three Major Ethylene-Related Startups on Horizon, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 08/23/16 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Chevron Phillips Chemical (The Woodlands, Texas), a 50:50 joint venture between Chevron Corporation (NYSE:CVX) (San Ramon, California) and Phillips 66 (NYSE:PSX), is in a good position to take advantage of the remarkably low prices for ethane, as three of its largest projects under construction will use the to create ethylene, a key ingredient for plastics. With plastics demand booming globally, the joint venture could be looking at further growth after these projects come online next year. Industrial Info is tracking $3.37 billion in growth projects at facilities operated fully or in part by Chevron Phillips.
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Datum: 23.08.2016 - 05:30 Uhr
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News-ID 1454007
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