Bayport Polymers LLC (“Baystar”), a 50/50 joint venture (JV) between TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Borealis, today announces the start of commercial operations of a new ethane cracker with an annual production capacity of one million tons of ethylene.
Built at TotalEnergies’ Port Arthur, Texas refinery site, which it operates, this nearly $2 billion project represents 14 million man-hours with more than 2,500 workers at peak construction.
Ethylene produced in the cracker will be used as feedstock to feed Baystar’s existing polyethylene (PE) units and a new Borstar® technology polyethylene unit currently under construction in Bayport, Texas.
“Following significant investments in US LNG and renewable electricity in 2022, the launch of this new cracker is another milestone that strengthens TotalEnergies’ presence in the United States. This investment is fully aligned with our strategy to develop petrochemical products on our integrated platforms. At Port Arthur, we tap into the abundance of ethane in the U.S.,” said Bernard Pinatel, president, Refining & Chemicals, TotalEnergies.
The Baystar JV is a translation of the growth ambitions of TotalEnergies and Borealis in the United States. Includes:
TotalEnergies is a global multi-energy company that produces and markets energy: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is increasingly affordable, cleaner, more reliable and accessible to as many people as possible. Operating in more than 130 countries, TotalEnergies places sustainable development in all its dimensions at the heart of its projects and operations to contribute to human well-being.
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