The Enterprise Ethane Terminal Is Quite Large (UPDATED)

As you may have heard, Enterprise Products Partners plans to build an ethane export terminal in Texas. It will have a capacity of 240,000 barrels of ethane per day. Let’s convert that number from the oil perspective into the petrochemical one. According to John Stekla, formally the olefins guru at IHS and now with Williams Cos., 1 million metric tons of ethylene production consumes about 63,000 barrels per day of ethane. So that...

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Whoa! That’s A Lot Of Ethane

A new report from BENTEK Energy and Turner, Mason & Co. says that because of shale, we should expect a 40% increase in natural gas liquids production in five years. The increase amounts to 950,000 barrels per day of new natural gas liquids by 2016. That is an extraordinary amount of new feedstocks for the chemical industry. I ran my own estimates of how much ethylene production all these NGLs can support. I assumed 75% ethane...

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The Busy Bees of LyondellBasell Expand Their Hives
May05

The Busy Bees of LyondellBasell Expand Their Hives

Out of bankruptcy for about a year, LyondellBasell is starting to find its stride. It is calling itself “the busiest chemical company in the world”. (This reminds me of “the hardest working man in show business”.) And to hammer that theme home, the cover of its annual report is covered in bees. This strikes me as a good idea for a broader corporate branding initiative. Indeed, the company has been busy. This week, executives rang the...

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Chevron Phillips Studies Cracker, Plus Scary Publishing News

I was completely wrong about who would build a new cracker in the U.S. It wasn’t a “foreign” firm at all. Chevron Phillips–based in the Woodlands, Texas–announced it is studying a new ethane cracker at one of its Gulf Coast facilities. The company already makes ethylene at Sweeny, Port Arthur, and Cedar Bayou, Texas. It also makes styrene in Louisiana and has an aromatics plant in Mississippi. Let me illustrate how...

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Observations About The CMAI And DeWitt Conferences
Mar25

Observations About The CMAI And DeWitt Conferences

I’m in Houston for the DeWitt and CMAI petrochemical conferences. According to modern journalist practice, I should have had a live Twitter feed from the conferences. I don’t do that. I’m not particularly ashamed. Feel free to cut and paste these observations into your own Tweets. 1) DeWitt was held at the Hotel ZaZa in the Museum district, an artsy hotel with giant booking photos of Frank Sinatra on the walls and stuff. There were...

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