OMV : Borealis announces the start-up of New Ethane Cracker at its Joint Venture Baystar in Port Arthur, Texas

HomepageEquitiesAustriaWiener BoerseOMV AGNewsSummary    OMV   AT0000743059 (OMV)   Report Borealis announces the start-up of New Ethane Cracker at...

July 21, 2022
5:10 PM

HomepageEquitiesAustriaWiener BoerseOMV AGNewsSummary    OMV   AT0000743059 (OMV)   Report Borealis announces the start-up of New Ethane Cracker at its Joint Venture Baystar in Port Arthur, Texas Bayport Polymers LLC ("Baystar"), a 50/50 joint venture (JV) between Borealis and TotalEnergies, today announces the start-up of commercial operations of a new ethane cracker with an annual production capacity of one million tons of ethylene. This almost USD 2 billion project built on the site of the TotalEnergies Refinery in Port Arthur, Texas, represents 14 million hours worked with more than 2,500 workers at peak construction.

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