Sinochem News recently, American petrochemical producer Enterprise Products announced that the company is evaluating an investment of $5 billion to build 2 million tons/year of ethylene capacity in Beaumont, Texas, with construction expected to begin in the second quarter of 2024
Enterprise Products currently has no ethylene production assets, but operates an ethylene export terminal as well as storage and pipeline assets for ethylene transactions
Enterprise Products told investors that U.
Other midstream players are also considering entering ethylene production