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Dow to Boost Gulf Coast Ethane Capability; Mulls JV Options for NGL Fractionator
9:13 AM MST | December 2, 2010 | Lindsey Bewley
Dow Chemical says it will increase ethane cracking capability on the U.S. Gulf Coast by 20%- 30% over the next two to three years, and is reviewing joint venture options for building a natural gas liquids (NGL) fractionator to secure ethane supplies. Both actions are intended to capitalize on the current favorable supply dynamics in North America, Dow says. Additional fractionation capacity provides a new source of NGL supplies, helping to position U.S. petrochemical companies as one of the lowest cost producers of ethylene globally. Capital costs and...
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