Saudi’s Motiva eyes revival of multibillion-dollar plastics plan

SourceArabian Business
SectorOil & Gas
CountrySaudi Arabia

Motiva Enterprises LLC is eying the revival of a multibillion-dollar expansion project at its Texas Gulf Coast refinery in 2023 that would produce petrochemicals used to make everything from plastic water bottles to grocery bags.

Engineering and excavation work had already been done before the project was halted nearly two years ago. Now, Saudi Aramco’s US refining arm is considering reactivating the expansion, minus an ethane cracker, which it no longer needs, according to people familiar with the plans, who asked not to be identified because the information isn’t public.

Motiva originally intended to construct an ethane cracker that produces ethylene, a key component for making plastics and solvents, as well as other downstream units to process the ethylene. The refiner suspended the project when it bought the adjacent Flint Hills Resources LLC’s chemical plant in late 2019, which gave it an ethane cracker, but not all the downstream units needed to turn the ethylene into plastics and other products.

Motiva is re-evaluating...read more...