Total seeking partner for 50% stake in Port Arthur cracker

摘要

Total is seeking an investment partner for its previously announced $2-billion, 1-million m.t./year ethylene plant at Port Arthur, TX, said Philippe Sauquet, Total’s president/refining and chemicals, at the IHS Energy CERAWeek conference. Total is seeking an investment partner for possibly up to 50% stake in the project. Sauquet says the company has prospects lined up but has declined to provide details.