Volume 94 Issue 36 | p. 14 | Concentrates
Issue Date: September 12, 2016

Williams Cos. may sell cracker

Department: Business
Keywords: petrochemicals, shale, ethylene

Williams Cos. is looking for ways to “monetize” its ethylene cracker in Geismar, La. Options include selling the 900,000-metric-ton-per-year plant outright and running it for another firm in a tolling arrangement. Williams owns 88% of the plant, with Saudi Basic Industries Corp. holding the balance. Williams is pitching the plant as a way for a company that makes ethylene derivatives to back-integrate without taking on the risk of building its own Gulf Coast facility.

 
Chemical & Engineering News
ISSN 0009-2347
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