>>
Home / Knowledge / News / Textiles / IVL inks deal for US ethylene gas cracker feedstock
IVL inks deal for US ethylene gas cracker feedstock
13
Dec '16
Thailand based and global specialty chemicals producer Indorama Ventures Public Company Limited (IVL) has signed a long term agreement with Targa Resources Corp, for all its ethane and propane feedstock supplies at its gas cracker in Lake Charles, Louisiana. Additionally, Targa Resources will also provide storage for these gases locally at Lake Charles.

IVL had acquired the Lake Charles ethylene cracker in September 2015, which is currently undergoing refurbishment and is expected to start up in the fourth quarter of 2017.

The cracker can process both ethane and propane feedstock to produce around 420,000 tons of ethylene and 20,000 tons of propylene per annum.

“This multi-year contract will provide IVL with 100 per cent of our ethane and propane needs to meet our ethylene requirements at favourable terms, IVL chairman Aloke Lohia said. “The flexibility of the cracker to swing between ethane and propane will allow us to take advantage of shale gas economics, as well as effectively becoming the most vertically integrated among all North American PET producers.”

IVL also inked a separate contract with Boardwalk Louisiana Midstream, LLC to provide pipeline transportation and local storage for the ethylene that will be produced at the Lake Charles gas cracker. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 21st May 2022

China-S Korea trade exceeds $360 bn; 2-way investment crosses $100 bn

China-South Korea bilateral trade has exceeded $360 billion,...

Pic: Shutterstock

Apparel/Garments | On 21st May 2022

India’s RMG exports surged 16.4% in April 2022 in value terms

India's readymade garment (RMG) exports have registered a growth of...

Pic: Shutterstock

Textiles | On 20th May 2022

China reiterates call for tariffs cut after US official’s statement

After US treasury secretary Janet Yellen called for tariffs cuts on...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Zayed Moyeen,

Zayed Moyeen

Far East Knitting and Dyeing Industries LTD (FEKDIL) was established in...

Eric Durivault,

Eric Durivault

<font color="#333333" face="Helvetica, sans-serif">IDELAM is a...

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Katie Gallagher, Label - Katie Gallagher

Katie Gallagher
Label - Katie Gallagher

An internationally recognised American fashion designer, Katie Gallagher’s ...

Timna Weber, Label - Timna Weber

Timna Weber
Label - Timna Weber

London-based sustainable high-end eponymous womenswear label, by designer...

Maria Camila Giraldo, Brand - Pam & Gela

Maria Camila Giraldo
Brand - Pam & Gela

Maria Camila Giraldo is a Colombian actress, writer and entrepreneur...

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

ESTEEMED CLIENTS

NITI Aayog
Kern – Liebers Textile
G-Star Raw C.V.
John Varvatos
Palexpo SA
IIGM Private Limited
MAS Active / MAS Kreeda / MAS Bodyline
EUROVET ASIA LTD
Sateri (Jiujiang) Fiber Co.,Ltd
Lenzing Aktiengesellschaft
Coats Digital Limited
Aramark Uniform ;& Career Apparel, LLC
Puma
Reiter India Private Limited
Vianney Textil Hogar S.A. De C.V.
Jindal Worldwide Limited
Etam Group Strategy Hong Kong Limited
FULGAR SpA
H. Stoll AG & Company KG
Babyshop
Desigual - ABASIC, S.A.
Walmart
Infor (Hong Kong) Limited
NV Michel Van de Wiele
Decathlon
EPCH
Chori Company Limited
Loris Bellini S.r.l.
Seasalt Limited
Zydex Industries
USTER
FESPA (Reigate)
G.A.S. unternehmenskommunikation gmbh
Tory Burch Hong Kong Ltd
Gokaldas Exports Limited
GHCL LIMITED
CGS Inc.
COTTON COUNCIL INTERNATIONAL
THE BOMBAY DYEING ;& MFG.CO. LTD
JES MEDIA, INC
The LYCRA Company Singapore  Pte. Ltd
Nandan Denim Limited
Xtema - Thomas Lebherz Textilmaschinen
Alison Hayes Romania
TESCO INTERNATIONAL SOURCING LIMITED
Brückner Trockentechnik GmbH & Co. KG
Helly Hansen Far East Ltd
EMBEE CORPORATION
ZAITEX spa
Bluesign Technologies Ag
The Top Form Brassiere Manufacturing Company Limited
Hela Clothing Pvt Ltd
Eurofins BLC Leather Technology Centre Ltd
Recron Polyester from Reliance Industries Limited
Groz-Beckert East Asia LLP
Shanghai  Aige Exhibition Service Co., Ltd
SHAHI Exports Pvt Ltd
Datacolor AG Europe
Mesdan SPA
Truetzschler India Private Limited
Esprit Europe Services GmbH
Lisa S.P.A.
Karl Mayer Textilmaschinenfabrik GmbH
Datatex Consulting Srl
SYNERGIES HONG KONG LIMITED
Gatsby Africa
Under Armour Global Sourcing Ltd
Thai Acrylic Fibre Company Limited
Istanbul Fuarcilik A.S.
Gap International Sourcing Limited
Comasia Limited
Itema Weaving (India) Private Limited
Dow Silicones Corporation
UBM China (Shanghai)
Eastman Chemical Company
Alix Partners
BIANCA
VNU Exhibitions Asia
Page Industries Limited (Bangalore)
Lacoste (Wanchai)
Stahl Holdings B.V.,
Lifestyle
Benetton Group
Permoda(Koaj/Armi/Pronto/Bkul)
Thermore (Far East) Ltd.
K AND D ITMACH EXPOSITIONS LLP
Taiwan Textile Federation (TTF)
Centric Software
Woolmark Services India Pvt. Ltd.
Target Corporation (MN)
Chico’ FAS
Inter Expo Center Ltd.
Indofil Industries Limited - Specialty & Performance Chemicals Division
BTC Textiles LLC
Rayonese Textile Inc., Division de Culp Inc.
Weitmann & Konrad GmbH & Co. KG
Lululemon Athletica Inc
Lenzing Aktiengesellschaft - India
Lottmann Communications
Aquarelle Clothing Limited
TESTEX AG, Swiss Textile Testing Institute
Jiangsu Yingyang Nonwoven Machinery Company Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Color Service s.r.l.
Varner AS Retail
Indo Tex
Landmark Group
Equinox Impex India
PVH Corporation
Rosset ;& Cia Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
DuPont de Nemours, Inc.,
Sainsbury's Argos Asia Limited
KAS Direct Sourcing
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Meera Dyestuff Industries
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Tuyap Tum Fuarcilik Yapim A.S.
Tchibo GmbH
Messe Frankfurt Exhibition GmbH
Green Fibre
T.T. Limited
Sportswear Company Spa
TÜYAP IHTISAS FUARLARI A.S.
ITMA Services Pte Ltd
Calvin Klein
Mayer & Cie. GmbH & Co. KG
TEXVALLEY MARKET LIMITED
International Textile Manufacturers Federation
Arvind Limited
Nihalani Events Management
Maceton Limited
KIABI
J ;& P Coats
C;&A Sourcing International Ltd
Grasim Industries Limited
Hirdaramani International Export Private Limited
OVS Hong Kong Sourcing Ltd.
Bluestem Global Sourcing Limited
Zünd Systemtechnik AG
IDH – The Sustainable Trade Initiative
BIMBA ;& LOLA SL
Applied DNA Sciences Inc
Asos
Boardriders Asia Sourcing Limited
Aleph Srl
Amazon China
International Sourcing Expo Australia
Vardhman Textile Ltd
China World International Exhibition Company Limited
Guess Europe Sagl,
BTSR International S.P.A.
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
IFF Media Ag - International Media Services
Flainox S.r.l.
Rieter India Private Limited
DyStar India Pvt. Ltd
Saurer Textile Solutions Pvt. Ltd.
N9 World Technologies Private Limited
APLF Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Performance Days
GIOVANNI BOZZETTO S.p.A.
Restoque S.A.
Sportmaster Ltd.
Brandix Lanka Limited
Messe Duesseldorf
BRINKMANN GMBH
Savio Macchine Tessili S.P.A.
Tradewind International Servicing
Italian Trade Commission
Phong Phu international JSC (PPJ)
Midas Clothing Limited
Gloria Jeans
Huntsman (Singapore) Pte Ltd
Officina Meccanica Dora Enrico Srl
Abit
IKEA of Sweden AB
Kornit Digital Asia Pacific Ltd
Lectra Technologies India Pvt Ltd.
CSGIA(China Screen Printing & Graphic Imaging Association)
Colours India Inc
Newtech Textile Technology Development (Shanghai) Company Limited
Recron Polyester from Reliance Industries Limited
Shima Seiki Mfg. Ltd.
Thai Trade Center
X-Rite Asia Pacific Limited (HK)
LC Waikiki
GERBER TECHNOLOGY LTD.
Tommy Hilfiger
The LYCRA Company Singapore  Pte. Ltd
Pt. Peraga Nusantara Jaya Sakti
Splash
Haelixa AG
Copenhagen Fashion Summit
Groz-Beckert KG
Marzoli Machines Textile s.r.l.
Cat Tuong Real Estate Group Joint Stock Company

May 2022

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


Advanced Search