According to a Platts Energy News report on February 22, according to documents submitted to the Texas Audit Office, Chevron Phillips Chemical Company may build a steam cracker and at least one in southeast Texas. Derivative device.
The document shows that the company is evaluating whether to buy a 1,700-acre project site near Orange, Texas, as a cracker, one or more derivative units, an administrative building, a utility, and a logistics infrastructure. Location and other modifications needed to operate production facilities. The plant is estimated to cost about $5.8 billion.