Chevron Phillips Chemical Co. broke ground on the first component of a $6 billion expansion Wednesday that executives say could be transformative for the company.Part of the American Energy Revolution.
Crews are preparing a site at the company’s Baytown facility for a massive new ethane cracker, which company officials say will be the first new major facility of its type built in the U.S. in a decade.
The investment, which officials say will contribute to the creation of about 400 jobs, represents a huge step for the company that’s jointly owned by Chevron and Phillips 66.
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Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or anything you think you may have read here.
I post not less than ten stand-alone posts on any given day, and update countless more earlier posts. It's hard to separate the chaff from the wheat with so much posting.
This $6 billion ethane cracker expansion is wheat, not chaff.
Granddaughters need to be thinking about what careers they can be looking forward to only ten years from now. Petroleum engineering is going to be around for a long, long time.
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The Minneapolis StarTribune is reporting:Heavy snow walloped the metro area and surrounding communities Friday, persisting into the morning commute and making travel challenging during this unusual but not unprecedented dose of winter in April.
The amount of snow so far — 12 inches or close to it mostly along the metro’s western and northern edges — combined with below-freezing temperatures and strong wind gusts to leave motorists with a most unpleasant end of the week travel scenario. Across from Duluth, Superior, WI, was pounded with nearly 18 inches of snow, according to the National Weather Service.I love that "unusual but not unprecedented" dose of winter in April ... journalists have fallen hook, link, and sinker for all that global warming talk, when they see this much winter in April, it causes "cognitive dissonance."
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