Total, Borealis and NOVA Chemicals close petrochemical joint venture in Texas

Total, Borealis and NOVA Chemicals have closed on the Bayport Polymers joint venture in Texas, which will take ownership of Total's existing polyethylene facility in Bayport and a $1.7 billion ethane steam cracker under construction in Port Arthur. The cracker is slated to begin operating in 2020.

“The joint venture, Bayport Polymers, will take ownership of Total's existing 880-million-lb-per-year polyethylene facility in Bayport, Texas and a $1.7-billion, 1-million-ton-per-year ethane steam cracker that is being built by CB&I in Port Arthur, Texas.”enr.com

• 1 source
• enr.comSteam Cracker, Polyethylene Plant Planned for Gulf Coast Joint Venture | 2018-05-25 | ENR | Engineering News-RecordEthan HowlandMay 25, 2018

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