Westlake to expand Louisiana ethylene plant
10/23/2014 12:00:00 AM
Westlake Chemical is investing $330 million to expand its ethylene capacity in Lake Charles, Louisiana, the company announced late Thursday.
The expansion is expected to be completed in late 2015 or early 2016 and will increase ethane-based ethylene capacity by approximately 250 million lb/year (113,000 tpy).
In addition to the 480 employee and 115 core contractor jobs that will be retained at the site, Westlake says it will add an additional 25 new direct jobs.
This expansion is expected to create an estimated 1,000 construction jobs at peak activity.
"Westlake Chemical has enjoyed a long and rewarding relationship with Louisiana since our inception in Lake Charles in 1986," said Albert Chao, CEO of Westlake.
"Since then, we have seen our footprint grow substantially," he added. "Our Louisiana operations are a vital hub for the enterprise and we look forward to a continued beneficial partnership in the future."
Comments