The first in a wave of US Gulf Coast ethane cracker projects is slated to start up in the first quarter of 2017 when Occidental Petroleum Corp. and MexiChem’s new joint-venture 550,000 mt/year project near Corpus Christi, Texas, wraps up commissioning by mid-January. Mexichem Chief Executive Antonio Carrillo said the plant will ramp up throughout 2017, reaching 100% capacity in late 2017.
Posts tagged ‘Phillips 66’
November 3, 2016 15:54 UTC
August 5, 2016 13:16 UTC
Petrochemicals are offering growth as energy companies struggle with lingering low crude prices, though some face project delays and others are proceeding with caution, the latest quarterly earnings season shows.
Here’s a roundup of some of the highlights from the most recent round of earnings reports and calls.
March 12, 2015 14:00 UTC
So what can you get these days for $3 million? Well, this apartment. Or 250,000 pairs of those khakis that Michigan football coach Jim Harbaugh loves so much. How about two islands due south of Brooklyn? (If you’re interested and your name is Mr. Moneybags from Monopoly, they are still for sale, a Realtor said this week.)
Here is where we pivot. It used to be that a $3 million deal for 25,000 barrels of Gulf Coast gasoline happened almost every trading day.