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MarkWest Energy Partners, L.P. Message Board

  • moneyonomics moneyonomics Dec 28, 2013 11:43 PM Flag

    Ethane from the Marcellus Shale Basin is currently accumulating in local Sarnia storage for introduction as a Corunna feedstock shortly

    NOVA Chemicals announces plans for multiple projects in Sarnia region- Company will continue to evaluate options for a second Advanced SCLAIRTECH technology facility

    Calgary, Alberta (December 18, 2013) – NOVA Chemicals Corporation (NOVA Chemicals) today announced its decision to move forward with the second phase of its NOVA 2020 growth strategy in Ontario, Canada, and to continue to evaluate options for a second Advanced SCLAIRTECHTM technology (AST) facility.

    This next phase of the NOVA 2020 growth strategy, anticipated to take place over the 2014 to 2018 timeframe, will concentrate on several cost-effective expansions and upgrades to NOVA Chemicals’ existing facilities in the Sarnia, ON region, including:

    · Expanding the Corunna cracker ethylene manufacturing capacity by approximately 20%;
    · Pursuing a debottleneck at the Moore low-density polyethylene (PE) line; and
    · Pursuing a retrofit of the Moore high-density PE line.

    These projects are intended to build on the impact of the Corunna cracker conversion to utilize up to 100% natural gas liquids (NGLs) to enhance NOVA Chemicals’ capabilities to meet growing and more sophisticated customer demands....

    Work continues to progress on other projects within the first phase of the NOVA 2020 portfolio, including:

    · Revamping the Corunna, Ontario cracker facility to utilize cost-competitive NGL feedstocks with project completion targeted for Q1 2014. Ethane from the Marcellus Shale Basin is currently accumulating in local Sarnia storage for introduction as a Corunna feedstock shortly; and

    · Building a world-scale gas-phase PE reactor at the Joffre, Alberta facility, to provide customers with a complete set of LLDPE offerings, which is expected to be mechanically complete in Q1 2016...

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    • Wonderful find! And this illustrates perfectly the big difference between an existing ethylene site like Sarnia or the Gulf Coast versus a grass roots site like Shell is working on in Pennsylvania. As you can see in the press release NOVA in Sarnia has BOTH a high density polyethylene production line and a low density polyethylene line. So, ethane from the Marcellus is cracked to form ethylene which is piped next door to be polymerized into low and high density polyethylene. Low density polyethylene is then fed into extruders to produce films etc for garbage bags and so on. High density polyethylene is extruded into strands,cooled,and chopped into pellets for injection molding into automotive parts etc. as big as NOVA/ Sarnia is it is still around a small 5% or so of t he total ethylene/polyethylene production in North America. I'm guessing that 75% of ethylene/polyethylene production in North America is along the USA Gulf Coast. The Shell/Pa problems are that 1. The basic cracker will take at least five years to build. Shell also has to get several ethylene polymerization plants built next door to use the ethylene. Meanwhile, the Gulf Coast will have 16 crackers converted to ethane in the next three years...and NOVA will have a SECOND cracker built. Grangemouth,Scotland, and Norway will be fully on line,too. Now, all this action will consume a MILLION BARRELS/DAY of ethane. The Shell facility will take 50,000 barrels/day or around an additional 5% only. You think MWE or anyone else is worrying about a small Shell project that is at least five years out? Forget it. Range Resources noted that next Wednesday,January 1, it will be shipping ethane routinely to NOVA via Mariner West. Again,thanks for putting this one up for us. And a Most Happy New Year to you and yours!!

 
MWE
69.80-1.05(-1.48%)Jul 31 4:03 PMEDT

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