Golden Triangle Polymers celebrates Orange groundbreaking of $8.5B facility
Published 2:00 pm Tuesday, March 7, 2023
The Golden Triangle Polymers Company integrated polymers plant held ground-breaking ceremony Tuesday at the plant site (across from the Orange County Airport) at 2525 Highway 87 South.
In addition to official remarks, the company announced a major contribution to Lamar State College Orange at the event.
Golden Triangle Polymers Company presented a check to Lamar State College Orange in the amount of $1.3 million. The donation facilitated the purchase of a Polaris Hands-on-Training 3 Glycol Distillation Trainer, from which LSCO Industrial Systems students can train.
The unit will be 24 feet long, 35 feet high, and 11 feet wide. The training unit includes differential pressure transmitters, temperature transmitters, and industrial process instruments, which accommodate the control system installed on the unit.
The $8.5 billion facility is a joint venture between Chevron Phillips Chemical and Qatar Energy.
CPChem owns a 51 percent equity share in the plant; QatarEnergy owns 49 percent.
Construction has begun, and startup is expected to occur in 2026.
Construction is expected to create 4,500 construction jobs.
Once operational, the plant will produce Marlex® polyethylene and plans to employ more than 500 full-time workers.
Over the next 20 years, the plant is expected to contribute $50 billion in residual economic impacts for the community.
CPChem President and CEO Bruce Chinn and Ahmad Saeed Al-Amoodi, QatarEnergy executive vice president of surface development and sustainability, spoke at the event, along with Larry McManus from the Governor’s Office and Orange County Judge John Gothia.
Speakers addressed the new training unit at Lamar State College Orange, the regional economic impact of the facility, the history of collaboration the partnership between CPChem and QatarEnergy, among other relevant topics.
“Golden Triangle Polymers Company’s new world-class polymers plant represents an investment in the future generations of residents of Orange, Orange County, and the entire Southeast Texas area as well as Southwest Louisiana. We couldn’t be more grateful for their donation and continued support,” said LSCO President Dr. Thomas Johnson.
About Chevron Phillips Chemical
Chevron Phillips Chemical is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins.
With approximately 5,000 employees, Chevron Phillips Chemical and its affiliates own nearly $18 billion in assets, including 31 manufacturing and research facilities in six countries.
Chevron Phillips Chemical is equally owned indirectly by Chevron Corporation U.S.A. Inc. and Phillips 66 Company and is headquartered in The Woodlands, Texas. For more information about Chevron Phillips Chemical, visit cpchem.com.