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CPChem to Build U.S. LAO Unit; CEO Departs to ConocoPhillips

9:34 AM MDT | October 15, 2010 | Lindsey Bewley and Robert Westervelt

Chevron Phillips Chemical (CPChem) says it will build a 200,000-m.t./year linear alpha olefins (LAO) plant at its Cedar Bayou complex in Baytown, TX. The 1-hexene plant is expected to start up in the first-quarter of 2014. Capital costs were not disclosed. β€œThis plant will meet the growing demand for 1-hexene comonomers by polyethylene (PE) producers around the world,” says Dennis Holtermann, general manager of normal alpha olefins and polyalphaolefins at CPChem. The plant will benefit from integration with the Cedar Bayou site, gaining significant advantages...

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