Growth of petrochemical sector fuels Mont Belvieu expansion
Growth in the petrochemical industry drives local expansion with major global players investing billions to convert shale resources into plastics. Mont Belvieu anchors a nationwide pipeline network for storage and fractionation. Enterprise Products runs storage, fractionation, pipelines, and port facilities as eight fractionators come online with another planned. The region supplies about 60 percent of U S ethane and 40 percent of the propane for the U S petrochemical sector.
MENTIONED IN THIS ARTICLE
Mont Belvieu
Enterprise Products
U.S
Massive expansion projects fuel Gulf Coast plastic boom
Chevron Phillips Ethane cracker Cedar Bayou in Baytown aims for 1.5 million metric tons per year with startup in late 2017. ExxonMobil adds Old Ocean and Baytown olefins units producing up to 1.5 million tons annually with startups mid to late 2017. A Mont Belvieu plastics plant targets 650,000 tons per year with a late 2017 startup.
MENTIONED IN THIS ARTICLE
Baytown
Mont Belvieu
Distribution expansion at AmeriPort eyed for Gulf Coast growth
Projected capital improvements run 70 to 75 billion with about 100 new jobs in two years. Railcar storage grows from 1500 in 2014 to 1800 in 2015, with 1200 new spots planned to exceed 3000. Phase 1 of 500 railcar spots 50 percent complete, due Q1 2017. Six interchange tracks under Grand Parkway will boost Cedar Port capacity for United Pacific and BNSF.
MENTIONED IN THIS ARTICLE
Scott
Cedar Port
United Pacific
Bnsf Railway
Grand Parkway
Port of Houston
Katoen Natie Expands in NAFTA Polyolefin Output and Storage
Brandon Huynh of Katoen Natie, a Belgium based logistics and port operator, discusses growth in Baytown and Chambers County. He cites a long history since 1855, growth from 200 employees in 1989 to over 14,000, and core plastics business producing about 40 million tons annually. He notes expansions in the region with gas crackers at ExxonMobil and Chevron Phillips, plans for new polyethylene plants potentially adding 6 to 8 million tons in the U.S. by 2017 to 2020, and NAFTA polyolefin production expected to rise 25 percent by 2018. Packaging capacity and exports in NAFTA also projected to grow, with the company planning large high capacity storage and flexible, high speed packaging to meet demand.
MENTIONED IN THIS ARTICLE
Katoen Natie
Brandon Huynh
Baytown
Chambers County
Huynh
ExxonMobil
Chevron Phillips
U.S
NAFTA
EDF Origins in Houston as Texas economic shift prompts creation
Before 1980 Houston and much of Texas offered laissez faire prospects for entrepreneurs. The 1980s downturn spurred proactive growth planning led by HL&P and local leaders. The Economic Development Foundation was formed in 1986 as a non profit to unite city, chambers, business, Lee College, Goose Creek school district, with Dick Rabinow as first chair and Mike Shields as executive director.
MENTIONED IN THIS ARTICLE
Houston
Texas
State of Texas
Houston Light and Power Co
Hl&p
EDF
Baytown Chamber
Tracey Wheeler
Baytown
Fritz Lanham
Baytown Sun
Leon Brown
Chambers County
Chamber of Commerce
Lee College
Goose Creek
Economic Development Foundation
Dick Rabinow
Exxon
Major petrochemical expansions promise 10k jobs and billions impact
ExxonMobil and partners unveil Baytown Mont Belvieu expansions expected to create over 10,000 construction and related jobs, add about 870 million dollars annually to regional activity and 3.3 billion to the national economy, with Baytown and Mont Belvieu emerging as world leading ethane and polyethylene hubs.
MENTIONED IN THIS ARTICLE
Exxon- Mobil Chemical
U.S
Guilfoyle
Baytown
Mont Belvieu
Enterprise Products adds eight fractionators with ninth planned
Bob Moss, vice president of the Houston region for Enterprise Products, said the company has brought eight fractionators online and is working on a ninth. He noted they were early to recognize the shale boom and liquids in the area, and that Enterprise is ahead of the curve on deferring additional fractionation capacity. He warned that other firms' me too strategies have led some to add capacity reactively.
MENTIONED IN THIS ARTICLE
Enterprise Products
Houston Region
Bob Moss
Moss
Port Houston Sees Growth From Plastics Trade and Ship Upgrades
Port Houston executives note rising natural gas investment and plastics exports boost business while oil imports decline. They describe plastics moving in 90 percent containerized form, with about 1,000 containers daily, and outline plans for new dredging, larger cranes, bigger ships, and a billion-dollar capacity expansion over seven to ten years as TEU volumes rise beyond two million this year and 8 to 10 percent in 2017.
MENTIONED IN THIS ARTICLE
Baytown
Port Houston
Guenther
Houston
U.S
Panama Canal
Also Mentioned on This Page
AmeriPort
Plank Companies
Michael Plank
Baytown-West Chambers County
Mike Shields
The
Baytownedf
Mitch Krutilek
Interstate 10
Sjolander Road
Gulf Oil
Old Ocean
Krutilek
NAO
PAO
Enterprise
Permian
South Eddy
Oxy JV
Delaware Basin
Chaparral
Corpus Christi
Mississippi River
South Texas
Gulf Coast
Covestro
Craig Graybill
Graybill
Paige Kassalen
Texas Conservation Fund
United Way of Greater
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