MOSCOW (MRC) -- Chevron Phillips Chemical Company LP has awarded McJunkin Red Man Corporation, a subsidiary of MRC Global, a framework agreement for the supply of pipes, valves and fittings (PVF) and valve automation for Chevron Phillips Chemical's US Gulf Coast Petrochemicals Project, according to Plastemart.
Chevron Phillips Chemical has announced that its US Gulf Coast Petrochemicals Project is expected to include a 1.5 million metric tons/year ethane cracker that will be built at the Chevron Phillips Chemical's Cedar Bayou facility in Baytown, Texas, and two new polyethylene facilities, each with an annual capacity of 500,000 metric tons (1.1 billion pounds), that will be built on a site near the Chevron Phillips Chemical Sweeny facility in Old Ocean, Texas.
"We are very pleased that Chevron Phillips Chemical has placed their confidence in MRC Global to supply their PVF and valve automation requirements for their US Gulf Coast Project," MRC Global's Chairman, President and CEO Andrew Lane said. "We look forward to servicing Chevron Phillips Chemical's needs for this very important project."
As MRC reported earlier, in August this year, Chevron Phillips received air permits from the Texas Commission on Environmental Quality (TCEQ) for its plan to build a new ethane cracker and polyethylene (PE) units in Texas. Additionally, the company said it received a greenhouse gas permit from Environmental Protection Agency (EPA) for the cracker earlier this year.
Chevron Phillips is a chemical producer jointly owned by Chevron Corporation and Phillips 66. The company was formed July 1, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. A 50/50 venture, the company continues to be governed by a board of directors composed of two members from each of the parent companies. Chevron Phillips is headquartered at The Woodlands, Texas (a northern suburb of Houston), and is a major producer of ethylene, propylene, polyethylene, polypropylene, K-Resin(r) SBC, ryton polyphenylene sulfide (PPS), alpha-olefins, polyalphaolefins, aromatic compounds and a range of specialty chemicals.
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