THE WOODLANDS, TEXAS (October 8, 2010) - Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) has announced plans to build a 1-hexene plant capable of producing in excess of 200,000 metric tons (440,920,000 lbs.) per year at its Cedar Bayou Chemical Complex in Baytown, Texas. The project received approval to begin engineering design work and to develop engineering, procurement and construction deliverables. The plant would start up during the first quarter of 2014.
"We are excited to extend our position as a leader in the production of normal alpha olefins," said Dennis Holtermann, general manager of normal alpha olefins and polyalphaolefins for Chevron Phillips Chemical. "This plant will meet the growing demand for 1-hexene comonomers by polyethylene producers around the world."
With worldwide supply capabilities, the 1-hexene unit will realize significant advantages in infrastructure, feedstock availability, and operational knowledge by its placement in the existing Cedar Bayou Chemical Complex.
Upon construction, the new plant will be the third such plant to utilize Chevron Phillips Chemical's proprietary selective 1-hexene technology, which produces comonomer grade 1-hexene from ethylene with exceptional product purity. 1-hexene is a critical component used in the manufacture of polyethylene, a plastic resin commonly converted into film, plastic pipe, milk jugs, detergent bottles, and food and beverage containers.
The proven technology is successfully used at Qatar Chemical Company Ltd.'s (Q-Chem) facility in Mesaieed, Qatar, and will also be utilized at the Saudi Polymers Company plant in Al Jubail, Saudi Arabia, scheduled for start-up in 2011. Both of these facilities are joint ventures of wholly-owned subsidiaries of Chevron Phillips Chemical Company LLC.
About Chevron Phillips Chemical
Chevron Phillips Chemical Company LP is a wholly-owned subsidiary of Chevron Phillips Chemical Company LLC, one of the world's top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. The LLC and its affiliates own $7.4 billion in assets and employ over 4,800 people at 40 manufacturing and research facilities in nine countries. Chevron Phillips Chemical Company LLC is equally owned by Chevron Corporation and ConocoPhillips, and is headquartered in The Woodlands, Texas. For more information about Chevron Phillips Chemical, visit www.cpchem.com.