Enterprise Products to raise PGP production at Mont Belvieu facility
27 Aug '07
3 min read
Enterprise Products Partners L.P announced that its fourth propylene fractionator has been installed at the partnership's Mont Belvieu, Texas complex and is now in service.
The new unit allows Enterprise to increase its production of polymer grade propylene (PGP) at the facility by 26 percent from 3.8 billion pounds per year, or 58,000 barrels per day (BPD), to approximately 4.8 billion pounds per year, or 73,000 BPD.
With the additional 1 billion pounds, Enterprise's Mont Belvieu facility now accounts for more than 19 percent of the domestic PGP manufacturing capacity. PGP is used in the production of plastic consumer products, pharmaceuticals, detergents and solvents.
“The successful expansion of our Mont Belvieu complex comes at a time when global demand for propylene is growing, and also reflects our commitment to investing in infrastructure that helps meet the needs of our customers and provides a reliable source of incremental cash flow for our investors,” said Michael A. Creel, Enterprise president and chief executive officer.
“Domestic refinery expansions and global economic growth are expected by industry experts to generate five to six percent annual growth in worldwide demand for propylene.”
Complementing the partnership's fractionation facilities is an extensive network of pipelines that gathers product for delivery to Mont Belvieu and transports fractionated products to major refiners and leading petrochemical companies for use as feedstocks, in addition to providing access to storage facilities.
marketing@alchempro.com
