QatarEnergy and CPChem Celebrate Groundbreaking for Polymers Plant in Texas
QatarEnergy and Chevron Phillips Chemical Company (CPChem) recently held a groundbreaking event for the Golden Triangle Polymers Plant in Orange County, Texas, marking the beginning of construction for the US$8.5 billion world-scale petrochemical facility.
The landmark event was attended by CPChem President and CEO Bruce Chinn, Phillips 66 President and CEO Mark Lashier along with senior executives of QatarEnergy and a number of local officials.
Delivering remarks on behalf of the Minister of State for Energy Affairs and Qatar President and CEO, HE Saad Sherida Al-Kaabi, QatarEnergy’s Executive Vice President for Surface Development and Sustainability Ahmad Saeed Al-Amoodi said that for over two decades, they have worked hand in hand with Chevron Phillips Chemical to satisfy the growing demand for innovative petrochemical products. He said that these products not only constitute a significant portion of our daily lives but also play a role in shaping how we live.
In this partnership, we are also working together to enable balanced growth and facilitate human development in a responsible and sustainable manner.
Highlighting the local impact of the new facility, Al-Amoodi said that the Orange community is a direct beneficiary of the strategic partnership.
Qatar is investing US$8.5 billion to build the world-scale facility, which is QatarEnergy’s second largest investment in the US after more than US$11 billion investment in the Golden Pass LNG production and export facility, which is currently under construction in Sabine Pass, Texas. This plant will also be, by far, the most significant economic investment in the Orange community in decades, creating jobs and supporting economic growth.
Al-Amoodi concluded his remarks by thanking the local community, CPChem, the local and federal bodies and agencies and all the stakeholders in the City of Orange who made the project a reality.
Largest in the world
Located about 180 kilometres east of Houston, the plant will include an ethylene cracker unit with a capacity of 2.08 million tonnes per annum, making it the largest in the world. It will have two high-density polyethylene units with a combined capacity of two million tonnes per annum, also making them the largest derivatives units of their kind in the world.
The plant is expected to start operations in 2026. It will be owned by Golden Triangle Polymers Company LLC, a joint venture in which QatarEnergy holds a 49% equity interest with 51% held by CPChem.
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