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Chevron Philips completed its petrochemical expansion worth 6 billion dollar

The Woodlands-based petrochemical company announced that it has wrapped up heavy construction of the massive ethane cracker – the crown jewel of the expansion – at its Cedar Bayou complex in Baytown.

The project was originally supposed to be completed months ago but has faced delays, including flooding during Hurricane Harvey.“With the mechanical completion of Cedar Bayou’s ethane cracker, we are now on the cusp of completing the most transformative project in our company’s history, our U.S. Gulf Coast petrochemical project,” said Mark Lashier, president and chief executive officer of Chevron Phillips Chemical.

The ethane cracker – on a plot the size of 44 football fields – will separate a component of natural gas called ethane, which will provide the feedstock for some 1.5 million metric tons a year of ethylene, a common building block of plastics.

The project is one of the biggest investments in the continuation of the petrochemical boom primarily along the Gulf Coast to take advantage of cheap and ample ethane derived from natural gas through the ongoing shale revolution.The Chevron Phillips cracker includes eight giant furnaces that essentially heat up the ethane and cook it into ethylene.