MOSCOW (MRC) -- BASF TOTAL Petrochemicals LLC has enhanced the production capabilities of its petrochemical complex, located in Port Arthur, Texas, by installing processing and treatment facilities for the import of butylenes and butanes from the Total Port Arthur Refinery, as per the company's press release.
This installation enables BASF TOTAL Petrochemicals to make use of these refinery byproducts to produce higher value propylene. This is another major step in the development of BASF TOTAL Petrochemicals petrochemical complex to optimize operations. The company previously implemented measures enabling the facility to take advantage of lighter, lower cost feed stocks, such as ethane.
"This investment further strengthens the partnership between BASF and Total Petrochemicals, allowing us to continue building supply to meet growing customer demand, while helping the company maintain its competitive position within the petrochemicals industry," said Heather Remley, BASF Senior Vice President, Petrochemicals North America.
"The Port Arthur site is one of the key industrial platforms for Total in the world," remarked Christophe Gerondeau, President and Chief Executive Officer of Total Petrochemicals & Refining USA, Inc. "This investment creates value for both BASF TOTAL Petrochemicals and the Total Port Arthur refinery through industrial synergies."
As MRC informed earlier, within the next five years, BASF SE (Ludwigshafen, Germany) plans to invest globally more than EUR200 million in its plastic additives business, approximately half of which in Asia, focusing on capacity expansions and operational excellence. Plastic additives improve product properties such as scratch resistance or light stability, and optimize plastics manufacturing processes. As the leading global supplier of plastic additives with manufacturing assets in all regions, BASF is a major partner to the plastics industry.
BASF TOTAL Petrochemicals LLC is located in Port Arthur, Texas and manufactures a range of chemicals used in hundreds of consumer products. BASF TOTAL is a joint venture partnership between BASF Corporation, 60 percent ownership, and Total Petrochemicals & Refining USA, 40 percent ownership.
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,500 employees in North America, and had sales of USD16.2 billion in 2016.
MRC