MOSCOW (MRC) -- Williams Partners L.P. has announced it expects its expanded Geismar Olefins plant to begin manufacturing ethylene for sale in November, reported the company on its site.
That timeline is consistent with the financial guidance the partnership provided in July.
All major construction related to the rebuild of the damaged plant, the expansion project and the safety-related equipment installation is now complete. The general contractors for the expansion and rebuild projects have demobilized and Williams' operations personnel are now directing the dry-out and commissioning of the plant.
"We are in the final stages of commissioning and startup," said John Dearborn, senior vice president of NGL & Petchem Services. "We fully expect to be manufacturing ethylene for sale in November, consistent with our financial guidance. We continue to place our highest focus on restoring safe and reliable operations for our employees, contractors, community and customers."
Capacity at the plant is now 1.95 billion pounds of ethylene per year. Williams Partners' share of the total capacity of the expanded plant is approximately 1.7 billion pounds per year. Williams owns controlling interest and is the general partner of Williams Partners.
As MRC informed earlier, in late 2012, Williams Partners signed an agreement with Williams to purchase the company's 83% undivided interest in the Geismar olefins production facility, a refinery-grade propylene splitter, for USD2.264bn.
Williams, headquartered in Tulsa, Okla., is one of the leading energy infrastructure companies in North America. It owns controlling interests in both Williams Partners L.P. and Access Midstream Partners, L.P. through its ownership of 100% of the general partner of each partnership. Additionally, Williams owns approximately 66% and 50% of the limited partner units of Williams Partners L.P. and Access Midstream Partners, L.P., respectively. On June 15, 2014 Williams proposed the merger of Williams Partners and Access Midstream Partners. The proposed merger has been approved by boards of each partnership and is expected to close in early 2015.
MRC