CHP for two chemical plants in Texas

Nations Energy Holdings LLC has been selected by Nova Chemicals Inc., a US subsidiary of Nova Chemicals Corp., and Atofina Petrochemicals Inc., to construct, own and operate a natural gas-fuelled CHP Energy centre to supply steam, electricity and related services at their neighbouring petrochemical production facilities in Bayport, Texas. Initial operation is targeted for 2004 with capability to produce 80 MW of electricity and 750,000 pounds per hour of steam. In addition, it is anticipated that Nations Energy will operate and maintain water treatment, compressed air and other utility related systems.

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