IHS Chemical Week

Mexichem, OxyChem sign agreement for Texas cracker

12:30 PM MDT | November 1, 2013

Mexichem and OxyChem have formed a 50-50 joint venture, Ingleside Ethylene, to construct a previously announced cracker at OxyChem’s Ingleside, TX, facility. The cracker is expected to produce 550,000 m.t./year of ethylene. The two companies signed a memorandum of understanding in August 2012. OxyChem expects to award the engineering and construction contract by year-end, with construction beginning mid-2014 and commissioning in the first quarter of 2017. The ethylene will be used by OxyChem to produce about 1 million m.t./year of vinyl chloride monomer to be...

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