Odfjell Terminals has announced that a basic engineering contract has been awarded for the possible development of an ethylene export terminal at its facility in Seabrook, Texas.
The contract has been granted to JGC America, Inc., a subsidiary of Japanese engineering contractor JGC Corporation. With this agreement, Odfjell Terminals enters into the last phase of engineering before the final investment decision.
In the US, many new ethane crackers have been announced and are under construction as a result of the shale gas revolution, which provides US crackers a significant feedstock advantage compared to crackers in Europe and Asia.
To date, there are no efficient export facilities for ethylene in the US. The ethylene terminal will allow producers, consumers and traders to export ethylene to other parts of the world. The terminal in Seabrook is ideally located nearby all major ethylene pipeline corridors, and has land available for expansion with marine infrastructure.
