TOTALENERGIES SE: United States: TotalEnergies Announces the Start-up of New Ethane Cracker in Port Arthur
21 Juillet 2022 - 08:50AM
UK Regulatory
TIDMTTE
Bayport Polymers LLC ("Baystar"), a 50/50 joint venture (JV)
between TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and
Borealis, today announces the start-up of commercial operations of
a new ethane cracker with an annual production capacity of one
million tons of ethylene.
This almost $2 billion project built on the site of and operated
by the TotalEnergies Refinery in Port Arthur, Texas, represents 14
million hours worked with more than 2,500 workers at peak
construction.
The ethylene produced by the cracker will be used as feedstock
to supply Baystar's existing polyethylene (PE) units, as well as a
new Borstar(R) technology polyethylene unit currently under
construction in Bayport, Texas.
"After significant investments in U.S. LNG and renewable
electricity in 2022, the start-up of this new cracker is another
milestone strengthening TotalEnergies' presence in the United
States. This investment is in perfect alignment with our strategy
to develop petrochemicals at our integrated platforms. At Port
Arthur we take advantage of the abundance of ethane in the U.S.,"
said Bernard Pinatel, President, Refining & Chemicals,
TotalEnergies.
The Baystar JV is the translation of the growth ambitions of
TotalEnergies and Borealis in the United States. It includes:
-- The Baystar site in Bayport, Texas with a 400,000 ton-per-year PE
capacity.
-- The one million ton-per-year ethane cracker at the TotalEnergies Port
Arthur Refinery, which now has successfully started operations.
-- The under-construction 625,000 metric ton-per-year PE unit in Bayport,
using the Borealis proprietary Borstar(R) technology to deliver a broad
range of products to help meet the growing global demand for plastic
products.
***
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and
markets energies: oil and biofuels, natural gas and green gases,
renewables and electricity. Our more than 100,000 employees are
committed to energy that is ever more affordable, cleaner, more
reliable and accessible to as many people as possible. Active in
more than 130 countries, TotalEnergies puts sustainable development
in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.
***
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TotalEnergies
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Commission (SEC).
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SOURCE: TotalEnergies SE
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