JV builds world's largest single train olefins plant

At the beginning of 2001, BASF Corp., Mount Olive, N.J., and Fina Inc., Dallas, will own the largest single train olefins capacity in operation in the world.The two companies formed BASF Fina Petrochemicals LLP in November 1998 to build and operate this new liquids cracker and its related facilities. BASF holds a 60% share and Fina a 40% share in this new partnership (OGJ, Aug. 3, 1998, p. 31).The new steam cracker will be integrated with and built next to Fina's existing refinery in Port Arthur, Tex. It will convert naphtha and light hydrocarbons into mainly ethylene and propylene, key materials in the manufacture of plastics, fibers, solvents, paints, and surfactants.By itself, the ...

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