CPChem and QatarEnergy approve $8.5B polymers facility on U.S. Gulf Coast

Chevron Phillips Chemical and QatarEnergy announced a final investment decision for an $8.5 billion integrated polymers facility in Orange, Texas. The plant will include a 4.6 billion lbs/yr ethane cracker and two 2.2 billion lbs/yr HDPE units, expected to start in 2026.

“CPChem, the joint venture between Phillips 66 and Chevron, announced in December a final investment decision with QatarEnergy to build an $8.5 billion integrated polymers facility along the U.S. Gulf Coast.”phillips66.com

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• phillips66.comCPChem Expansion in Gulf Coast | Phillips 66William ZanderFeb 2, 2023

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