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Related Keywords: chemicals manufacturing projects, environment, ethane cracker, ethylene, ExxonMobil, health and education, Huizhou Dayawan Petrochemical Industrial Park, international participation, Monoethylene Glycol, performance polymers manufacturing, petrochemical, polyethylene, polypropylene lines, SABIC

The company recently started operations at it’s new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex in Texas. ExxonMobil and SABIC have also created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas. The facility will also include a monoethylene glycol unit and two polyethylene units.

Related Keywords: Asia, China and India leading the way, Chinese government, construct new naphtha crackers, focus on developing seven 
refining, India on the verge of reaching major milestones, merge several of its 13 state-owned oil and gas cos, petrochemical, petrochemical bases, renewed push to build and upgrade refineries, undergoing major structural shifts

Asia is undergoing major structural shifts in petrochemical with China and India leading the way. There’s a renewed push to build and upgrade refineries, and construct new naphtha crackers.

Amber Liu, senior manager at ICIS, speaking at Asia Petrochemical Industry Conference (APIC) held in Sapporo Japan said that by 2021-2022, there could be about 10 new naphtha crackers on stream. In the past, these would be built by only the major companies such as PetroChina and Sinopec. But now a number of private companies are planning these projects.