US CP Chem to make FID on new cracker in 2020 - Phillips 66

摘要

HOUSTON (ICIS)--Chevron Phillips Chemical (CP Chem) is expected to make a final investment decision (FID) on a new ethane cracker in 2020, the head of one of the joint venture’s partners said. Phillips 66 CEO Greg Garland provided the update during the company’s annual shareholders meeting, offering more clarity around an FID timeframe, which was previously pegged for late 2019 or early 2020.