Home / Knowledge / News / Textiles / Westlake Chemical to hike Lake Charles ethylene capacity
Westlake Chemical to hike Lake Charles ethylene capacity
27
Oct '14
NYSE-listed Westlake Chemical Corp said it will invest more than $330 million to expand ethylene capacity and make other capital improvements at its Lake Charles facility in Louisiana.

Once the expansion, which is expected to be completed in late 2015 or early 2016, will hike ethane-based ethylene annual capacity, by approximately 250 million pounds.

Westlake said that in addition to the current 480 employees and 115 core contractor jobs, it will add an additional 25 new direct jobs.

It also added that this expansion is expected to create an estimated 1,000 construction jobs at peak activity.

"Westlake Chemical has enjoyed a long and rewarding relationship with Louisiana since our inception in Lake Charles in 1986,” CEO - Albert Chao said.

He added, “Since then, we have seen our footprint grow substantially. Our Louisiana operations are a vital hub for the enterprise and we look forward to a continued beneficial partnership in the future."

Westlake Chemical is global producer of petrochemicals, polymers and building products with headquarters in Houston, Texas.

The company's range of products includes: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC resin and PVC building products. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Urmil Arya

Sushila International, a well established textile organisation established ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search