The thinking behind Next Wave Energy Partners’ late-2019 decision to build a first-of-its-kind ethylene-to-alkylate plant was that a combination of NGL production growth and new ethylene supply — plus increasing demand for alkylate, an octane-boosting gasoline blendstock — would be a win-win-win for ethylene producers, refiners and Next Wave itself. Now, with construction of the plant along the Houston Ship Channel approaching the homestretch, things are shaking out very much as the company had anticipated — even better, in fact. In today’s RBN blog, we discuss the progress being made on Next Wave’s Project Traveler plant and the market forces validating the company’s final investment decision (FID).
Keeps Gettin’ Better – Stars Aligning as Gulf Coast Ethylene-to-Alkylate Project Advances
