Us bUtadieNe: the poteNtial for GrowiNG sUpply

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NEW CRACKERS EXPECTED IN US GULF IN 2018 Company Ethylene capacity Location Start-Up Chevron Phillips Chemical 1.5m tonnes/year Cedar Bayou, Texas Early 2018 Formosa Plastics 1.25m tonnes/year Point Comfort, Texas Early 2018 Shintech 500,000 tonnes/year Plaquemine, Louisiana Early 2018 Sasol 1.5m tonnes/year Lake Charles, Louisiana H2 2018 Westlake (Axiall)/Lotte 1.0m tonnes/year St Charles, Louisiana Q4 2018 EXPANSION PROJECTS IN US GULF IN 2018 NONE Total ethylene capacity increase 5.75m tonnes/year NEW CRACKERS EXPECTED IN US GULF BY EARLY 2020S Company Ethylene capacity Location Start-Up NONE EXPANSION PROJECTS IN US GULF BY EARLY 2020S LyondellBasell 250,000 tonnes/year Channelview, Texas Early 2020s Total ethylene capacity increase .250m tonnes/year NEW CRACKER PROJECTS IN FEASIBILITY Company Ethylene capacity Location Timing Total/NOVA/Borealis 1m tonnes/year Port Arthur, Texas FID expected in late 2017 Formosa Plastics 1.2m tonnes/year Louisiana Feasibility NOVA (Williams) 1.5m tonnes/year Geismar, Louisiana Feasibility SABIC/ExxonMobil 1.8m tonnes/year Corpus Christi, Texas Evaluating Total ethylene capacity increase 5.5m tonnes/year The following ethylene projects are outside of the US Gulf Coast and were not included in the above capacity totals because of their distance from the majority of BD units, but have the potential to contribute to supply. Company Ethylene capacity Location Start-Up Westlake Chemical expansion project 32,000 tonnes/year Calvert City, Kentucky Started early 2017 Shell new cracker 1.5m tonnes/year Monaca, Pennsylvania Delayed into early 2020s PTT Global/Marubeni new cracker 1m tonnes/year Belmont County, Ohio Feasibility Odebrecht/Braskem 1.05m tonnes/year Wood County, Virginia Evaluating 0 5,000 10,000 15,000 20,000 By End 2017 By End 2018 By 2020s Feasibility ‘000 tonnes/year Additional Ethylene to US Capacity 0 50 100 150 By End 2017 By End 2018 By 2020s Feasibility ‘000 tonnes/year Potential Increase in BD Output* *Potential BD supply increase is based on a 2% Crude C4 output from ethane crackers and a 45% BD extraction from Crude C4 NEW CRACKERS EXPECTED IN US GULF IN 2017 Company Ethylene capacity Location Start-Up Occidental/Mexichem 544,000 tonnes/year Ingleside, Texas Q1 2017 Dow Chemical 1.5m tonnes/year Freeport, Texas Q3 2017 ExxonMobil 1.5m tonnes/year Baytown, Texas Q4 2017 EXPANSION PROJECTS IN US GULF IN 2017 LyondellBasell 363,000 tonnes/year Corpus Christi, Texas Started early 2017 Indorama 370,000 tonnes/year Lake Charles, Louisiana Late 2017 Total ethylene capacity increase 4.277m tonnes/year ETHYLENE CAPACITY BD INCREASING SUPPLY US BUTADIENE: THE POTENTIAL FOR GROWING SUPPLY With the expansion of upstream ethylene production in the US Gulf over the next several years, there is potential to increase supply of co-products like butadiene (BD). In this infographic, ICIS takes a look at how much additional BD production is possible if all upcoming ethylene projects are built.

Transcript of Us bUtadieNe: the poteNtial for GrowiNG sUpply

New crackers expected iN Us GUlf iN 2018 Company Ethylene capacity Location Start-Up Chevron Phillips Chemical 1.5m tonnes/year Cedar Bayou, Texas Early 2018 Formosa Plastics 1.25m tonnes/year Point Comfort, Texas Early 2018 Shintech 500,000 tonnes/year Plaquemine, Louisiana Early 2018 Sasol 1.5m tonnes/year Lake Charles, Louisiana H2 2018 Westlake (Axiall)/Lotte 1.0m tonnes/year St Charles, Louisiana Q4 2018
expaNsioN projects iN Us GUlf iN 2018 NONE Total ethylene capacity increase 5.75m tonnes/year
New crackers expected iN Us GUlf by early 2020s Company Ethylene capacity Location Start-Up NONE
expaNsioN projects iN Us GUlf by early 2020s LyondellBasell 250,000 tonnes/year Channelview, Texas Early 2020s Total ethylene capacity increase .250m tonnes/year
New cracker projects iN feasibility Company Ethylene capacity Location Timing Total/NOVA/Borealis 1m tonnes/year Port Arthur, Texas FID expected in late 2017 Formosa Plastics 1.2m tonnes/year Louisiana Feasibility NOVA (Williams) 1.5m tonnes/year Geismar, Louisiana Feasibility SABIC/ExxonMobil 1.8m tonnes/year Corpus Christi, Texas Evaluating Total ethylene capacity increase 5.5m tonnes/year
the following ethylene projects are outside of the Us Gulf coast and were not included in the above capacity totals because of their distance from the majority of bd units, but have the potential to contribute to supply.
Company Ethylene capacity Location Start-Up Westlake Chemical expansion project 32,000 tonnes/year Calvert City, Kentucky Started early 2017 Shell new cracker 1.5m tonnes/year Monaca, Pennsylvania Delayed into early 2020s PTT Global/Marubeni new cracker 1m tonnes/year Belmont County, Ohio Feasibility Odebrecht/Braskem 1.05m tonnes/year Wood County, Virginia Evaluating
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Potential Increase in BD Output*
*Potential BD supply increase is based on a 2% Crude C4 output from ethane crackers and a 45% BD extraction from Crude C4
New crackers expected iN Us GUlf iN 2017 Company Ethylene capacity Location Start-Up Occidental/Mexichem 544,000 tonnes/year Ingleside, Texas Q1 2017 Dow Chemical 1.5m tonnes/year Freeport, Texas Q3 2017 ExxonMobil 1.5m tonnes/year Baytown, Texas Q4 2017
expaNsioN projects iN Us GUlf iN 2017
LyondellBasell 363,000 tonnes/year Corpus Christi, Texas Started early 2017
Indorama 370,000 tonnes/year Lake Charles, Louisiana Late 2017 Total ethylene capacity increase 4.277m tonnes/year
ethyleNe capacity
bd iNcreasiNG sUpply
Us bUtadieNe: the poteNtial for GrowiNG sUpply With the expansion of upstream ethylene production in the US Gulf over the next several years, there is
potential to increase supply of co-products like butadiene (BD). in this infographic, icis takes a look at how much additional bd production is possible if all upcoming
ethylene projects are built.
North americaN bUtadieNe plaNts
Total BD capacity in North America: ~2.5m tonnes/year
~1.865m tonnes/year
~140,000 tonnes/year
~435,000 tonnes/year
ExxonMobil Chemical Baytown, Texas
TPC Group Inc Port Neches, Texas
LyondellBasell Channelview, Texas
TPC Group Houston, Texas
caN the Us process the iNcreased crUde c4? With the expansion of upstream ethylene production in the US Gulf over the next several years, there is
potential to increase supply of co-products like butadiene (BD).
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ICIS produces reliable price assessments and analysis for the US butadiene/C4 market. These reports include price histories and commentaries on market drivers, which can be used as a benchmark in
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contract price settlements. ICIS PRICING OFFERS: n Spot and contract assessments n Market commentary on trends and business developments n Transactions reported and confirmed
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