Construction begins on Phillips' ethylene expansion; Capacity to increase to 4.5 billion pounds a year by late '96.BARTLESVILLE, Okla.--(BUSINESS WIRE)--Nov. 9, 1995--Phillips Petroleum Company said today it has begun field construction on two previously-announced projects that will increase ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. production capacity at its Sweeny, Texas Sweeny is a city in Brazoria County, Texas, USA. The population was 3,624 at the 2000 census, 7,316 if you include unincorporated areas of Sweeny. The city's motto is "A City With Pride", and is the westernmost incorporated town in the county. , refinery and petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. complex from its current rated capacity of 3.6 billion to 4.5 billion pounds a year by late 1996. The construction is taking place in two stages: -- The incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. debottlenecking of Unit 33, which includes the addition of new furnaces. This will boost capacity to 2 billion pounds a year in the second half of 1996. The unit is owned by a limited partnership of which a Phillips subsidiary is the managing general partner with a 50-percent interest. -- The restarting of Unit 12, a 400 million-pounds-a-year ethylene unit that has been idle since 1992. Phillips owns 100 percent of the unit, which is expected to come on stream in November of 1996. "These projects are providing low capital-cost additions to our ethylene capacity," said Guy Sutherland Sutherland or Sutherlandshire, former county, N Scotland. Under the Local Government Act of 1973, Sutherland became (1975) part of the new Highland region (now a council area). , vice president of chemicals. "Together, they fit well into Phillips' long-term strategy of making selective investments for the growth of key business lines." CONTACT: Rob Phillips, 918/661-9326 Jeanne Forbis, 918/661-5597 |
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