Foreign PE Investments Underway in U.S.
Taking advantage of U.S. shale-gas economics.
Over the next two years, new PE plants will be brought on stream by foreign companies who have sought to benefit from U.S. shale-gas economics. They are South Africa’s Sasol Chemical and Thailand’s PTT.
Sasol Chemicals North America and Ineos Olefins & Polymers USA, both Houston-based, will see their 50/50 joint venture come to fruition in the third quarter. The new plant will be operated by Ineos at LaPorte, Tex., to produce 940-million lb/yr of bimodal HDPE using Ineos’ Innovene S process.
PTTGC America LLC, a newly formed affiliate of PTT, Thailand’s largest petrochemical and refining company, recently selected Ineos’ Innovene S HDPE process for a new complex near Dilles Bottom, Ohio. Included in this project is a 2-billion lb/yr ethylene cracker and a 1.4-billion lb/yr HDPE plant with two lines that will produce a wide range of PE grades to serve growing demand in U.S. and export markets. Startup dates are not yet available but are likely to occur closer to 2017.
Synthetic paper based on filled polyethylene or polypropylene film has been around for decades without causing much excitement--until recently.
PE, PP, PVC, PS prices stable for now, PET more volatile.
A new study shows how the type and amount of LDPE in blends with LLDPE affect the processing and strength/toughness properties of blown film. Data are shown for both LDPE-rich and LLDPE-rich blends.