SOURCE: Industrial Info Resources

Industrial Info Resources

December 22, 2015 07:30 ET

Axiall, Lotte Plant Spearheads Second Wave of Ethylene Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 22, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The announcement that a 2.2 billion-pound-per-year ethylene plant project has been cleared for takeoff in Louisiana gives some measure of validation to a second wave of U.S. ethylene projects that face a less-than-certain future due to market conditions. Industrial Info is tracking greenfield, brownfield, expansion, restart, upgrade and debottleneck projects that add up to about 42.4 billion pounds in new capacity if they all were to reach fruition. But as the old saying goes, there's many a slip twixt the cup and the lip, and that could hold especially true for many of the projects that comprise roughly half the new planned ethylene capacity after 2018.

Within this article: Details of the new LACC ethylene plant project by Axiall Corporation (NYSE:AXLL) and Lotte Chemical Corporation.

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