WEB EXCLUSIVE: Chevron Phillips Chemical Co., The Woodlands, Tex., has chosen a site near its Sweeny facility in Old Ocean, Tex., for two new polyethylene plants to accompany a planned 3.3-billion-lb/yr ethane cracker at Cedar Bayou in Baytown, Tex. Initial plans for the project were announced in March 2011. The two PE plants will each have capacity for 1.1 billion lb/yr and will use the company’s loop slurry technology. The company is not revealing what types of resins will be produced. The project will be completed in 2017.
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