Chevron Phillips Chemical, Chevron Phillips’ chemical company, has given a framework agreement to McJunkin Red Man Corporation, a subsidiary of MRC Global. The deal is for a supply of pipes, valves and fittings (PVF) as well as valve automation for Chevron Phillips Chemical’s U.S. Gulf Coast Petrochemicals project.
MRC Global’s Chairman, President and CEO Andrew Lane commented that, “We are very pleased that Chevron Phillips Chemical has placed their confidence in MRC Global to supply their PVF and valve automation requirements for their U.S. Gulf Coast Project. We look forward to servicing Chevron Phillips Chemical’s needs for this very important project.”
The U.S. Gulf Coast Petrochemicals project is expected to include the construction of a 1.5 million metric tons/year (3.3 billion pounds/year) ethane cracker to be built at Chevron Phillips Chemical’s Cedar Bayou facility located in Baytown, Texas. In addition, two new polyethylene facilities, both with the annual capacity of 500,000 metric tons or 1.1 billion pounds, will be constructed on a site near the Sweeny facility in Old Ocean, Texas.