MOSCOW (MRC) -- Indorama Ventures’ majority-owned Lake Charles, Louisiana gas cracker received an air permit from US authorities, signifying an important step forward in maintaining the plant’s startup schedule, reported Hydrocarbonprocessing.
The air permit, which is the main environmental permit required by the company to proceed with the refurbishment of the cracker, allows the project to commence repair and construction activities a month ahead of the original target date.
Ethylene from the cracker will feed the production of MEG (monoethylene glycol), which is used to make PET (polyethylene terephthalate). When complete, Indorama Ventures will become one of the most vertically integrated PET producers in North America.
The project received a water permit in June that allows the facility to discharge liquid effluent through its waste-water treatment plant. The project has also completed de-bottlenecking-related engineering and has ordered all its major long-lead-time equipment. Mechanical completion is expected in the third quarter of 2017 on schedule, followed by commissioning and startup in the fourth quarter of 2017.
As MRC reported earlier, in early 2016, BP PLC sold its petrochemical complex in Decatur, Alabama, to Indorama Ventures Public Co. Ltd. (IVL.TH), for an undisclosed sum, as part BP's plan to restructure its global petrochemicals business. The Decatur complex makes chemicals essential for the production of thousands of items, from plastic water bottles to flat-screen televisions. Located on 1,000 acres in Northern Alabama, the complex can produce one million tons per year of PTA, as well as paraxylene (PX), a raw material for PTA production. The site also is the world’s only commercial manufacturer of naphthalene dicarboxylate (NDC), a specialty chemical used in new-generation polyesters and resins used to make LCD flat-panel displays, ultra-thin data storage tape and other products.
Indorama Ventures is a leading producer in the polyester value chain in Thailand with strong global network and manufacturing across Asia, Europe and North America. Its products serve major players in diversified end use markets, including food, beverages, personal and home care, health care, automotives, textile, and industrial. The company’s main products are PTA, PET and polyester fibre, which are distributed across the world.