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Markets :: Basic Chemicals :: Petrochemicals :: Butadiene

Shell Exits Sabina Butadiene JV, Leaving BASF and Total as Sole Partners

7:20 AM MDT | August 2, 2011 | Lindsey Bewley

BASF and Total Petrochemicals USA have announced a change in ownership of the Sabina Petrochemicals butadiene joint venture at Port Arthur, TX. Shell Chemicals will exit the jv, effective Aug. 1, leaving BASF and Total Petrochemicals as the sole partners with 60-40 ownership. BASF will continue to operate the Sabina plants.   Sabina Petrochemicals began operations of its 905-million lbs/year butadiene extraction unit in 2004, and ownership was 60% Shell Chemicals, 24% BASF, and 16% by Total subsidiary Atofina. The site is adjacent to BASF and Total’s...

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