Bayport Polymers LLC (“Baystar”), a 50/50 joint venture (JV) between TotalEnergies and Borealis, today announces the start-up of commercial operations of a new ethane cracker with an annual production capacity of one million tons of ethylene.
This almost $2 billion project built on the site of and operated by the TotalEnergies Refinery in Port Arthur, Texas, represents 14 million hours worked with more than 2,500 workers at peak construction.
The ethylene produced by the cracker will be used as feedstock to supply Baystar's existing polyethylene (PE) units, as well as a new Borstar® technology polyethylene unit currently under construction in Bayport, Texas.
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages“After significant investments in U.S. LNG and renewable electricity in 2022, the start-up of this new cracker is another milestone strengthening TotalEnergies’ presence in the United States. This investment is in perfect alignment with our strategy to develop petrochemicals at our integrated platforms. At Port Arthur we take advantage of the abundance of ethane in the U.S.,” said Bernard Pinatel, President, Refining & Chemicals, TotalEnergies.
The Baystar JV is the translation of the growth ambitions of TotalEnergies and Borealis in the United States. It includes: