SABIC is capitalising on shale gas opportunities in the US by modifying its cracker at Teesside, UK, into a gas cracker.
The cracker upgrade to using shale gas-based feedstock is scheduled to be completed during 2016, says the company, and is expected to result in long-term, reliable supply of cost-competitive products.
“This project reflects SABIC’s strong determination to take advantage of cutting edge technology in creating new sources of competitive feedstock and energy that will allow the company to continue to build a sustainable business and deliver on its long-term vision,” commented Yousef Al-Benyan, SABIC Executive Vice President, Chemicals. “Our long-term focus is to have a business that stays profitable not only in the European region, but across our global markets.”
SABIC says the cracker conversion will allow it to use its existing facilities to produce olefins and their derivatives more competitively. These products are essential building blocks for materials used in items such as packaging products to protect food, health care products, automotive and building and construction parts.