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Major midstream co. considers $675M NGL project near Houston

Joshua Mann
Major midstream co. considers $675M NGL project near Houston

A subsidiary of midstream energy giant Enterprise Products Partners LP (NYSE: EPD), one of the Houston area's largest public companies by revenue, is considering a $675 million project in Mont Belvieu. The project would build a new natural gas liquids fractionator — Frac 14 — at its Mont Belvieu Manufacturing Complex near Houston, according to a tax incentive application published July 19 by the Texas Comptroller.