Similar Stories to Chevron Phillips' $6 Billion Houston Expansion Nears Completion on Bing News

The Houston Chronicle, Free Republic
Thu, 10/20/2016 - 10:12pm

The dozen or so cranes visible from Interstate 10 in Baytown will only remain for a few more months as Chevron Phillips Chemical's $6 billion petrochemical expansion moves toward completion. Chevron Phillips' complex is more than 80 percent complete, although it won't be fully operational for almost another year. The project involves a massive ethane cracker - on a plot the size of 44 football fields - that will separate a component of natural gas called ethane, which will provide the feedstock for some 1.5 million metric tons a year of ethylene, a common building block of plastics.

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BING NEWS:
  • Phillips 66 sells pipeline stake to Denver-based operator in nearly $1.3B deal
    A year go, Phillips 66 completed its acquisition of all limited partner interests in Denver-based DCP Midstream LP for about $3.8 billionl, taking control of management in what had been a joint ...
    06/17/2024 - 5:14 am | View Link
  • Phillips 66 Sells Stake in REX Pipeline to Tallgrass
    Earlier in the month, Phillips 66 subsidiary Phillips 66 Pipeline, LLC launched a binding open season to solicit shipper commitments for services from Wichita, Kansas, to Jefferson City, Missouri, and ...
    06/17/2024 - 12:15 am | View Link
  • Phillips 66 sells Rockies Express Pipeline stake in nearly $1.28B deal
    After adjustments for Phillips 66’s allocation of Rockies Express’ debt and preferred equity balances, the company expects to receive pre-tax cash proceeds of $685 million. Phillips 66 will use the ...
    06/14/2024 - 5:46 am | View Link
  • Tallgrass Energy to gain full ownership of REX in deal with Phillips 66
    A Tallgrass Energy LP (TGE) subsidiary is set to own 100% of Rockies Express Pipeline LLC (REX) through a deal to acquire Phillips 66 Corp.’s 25% non-operated common equity interest for an enterprise ...
    06/14/2024 - 5:09 am | View Link
  • Phillips 66 to Sell Pipeline Stake to Tallgrass for $1.3 Billion
    Phillips 66 reached a deal to sell its 25% interest in one of the largest US natural gas pipelines to the system’s majority owner, Tallgrass Energy LP, for about $1.3 billion.
    06/14/2024 - 1:57 am | View Link
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