Home / Knowledge / News / Textiles / Westlake to expand ethylene capacity at Kentucky facility
Westlake to expand ethylene capacity at Kentucky facility
12
Jan '16
Westlake Chemical Partners will be expanding ethylene capacity at the Calvert City, Kentucky facility owned by its affiliate, Westlake Chemical OpCo LP.

“This expansion will add 70 million pounds of stated annual ethylene capacity to the Calvert City facility during the first half of 2017,” a press release from Westlake informed.

"This expansion, which combined with incremental capacity increases will total 100 million pounds of annual capacity, is in addition to the 250 million pound ethylene expansion at the Lake Charles facility,” CEO Albert Chao said.

“The additional production of ethylene at both facilities will be sold under the terms of the long-term, fixed-margin ethylene sales agreement in which 95 per cent of OpCo's production is sold to our sponsor, Westlake Chemical Corporation,” he added.

“We believe the incremental earnings from these expansions will allow us to continue to grow our distributions at a low double-digit rate," Chao too informed.

Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop facilities for the processing of natural gas liquids as well as other qualifying activities.

The Partnership owns a 13.3 per cent interest in Westlake Chemical OpCo LP, whose assets include three facilities in Calvert City and Lake Charles which process ethane and propane into ethylene, and an ethylene pipeline. (AR)

 

Fibre2Fashion News Desk – India


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Top executives
Textile industry

The foremost issue is bridging the skill gap

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Anisha Chaudhari
Threads & Shirts

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search