THE WOODLANDS, Texas — Chevron Phillips Chemical Company LP announced plans today to expand the Natural Gas Liquids (NGL) Fractionator Complex at its Sweeny Plant in Old Ocean, Texas.
Construction is targeted to commence in April of 2012 with an expected completion date of February 2013.
With the expansion, the NGL fractionation unit will increase capacity by approximately 22,000 barrels per day or a 19 percent increase over current capacity.
“One of the main drivers for the project is the rapid development of natural gas, crude oil and NGLs from the shale formations in the region,” said Martin Dale, feedstock procurement manager for Chevron Phillips Chemical. “This expansion positions Chevron Phillips Chemical to take additional raw NGL product from the Eagle Ford and Permian basins and ultimately convert the NGL’s into products for consumer and commercial use.”