Construction is expected to start later this year and will be completed by 2022
Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil and Saudi Arabia’s Sabic have awarded the contract for the construction of two polyethylene production units to Zachry Group and Mitsubishi Heavy Industries America.
San Antonio construction company Zachry Group and Japanese-owned Mitsubishi Heavy Industries America will build the two polyethylene production units as part of a larger $10 billion plastics plant in Corpus Christi, Texas, USA. GCGV received the permits for the petrochemical plant from state regulators, recently, it was said in a statement.
Zachry Group will construct a chemicals complex that will have a 1.8 million tonnes per annum (MTPA) ethane steam cracker, a 1.1 MTPA monoethylene glycol unit, and a polyethylene unit. Construction is expected to start later this year and will be completed by 2022.
“We are pleased to be selected by GCGV to contribute our expertise to the project,” said Zachry Group Projects – Group President, Ralph Biediger.
“The award represents not only our ability to execute a project of this scale on schedule and on budget, but also that we are aligned with GCGV in our commitment to keep each person safe while doing so,” he added.
Additionally, GCGV estimates that the project will create 6,000 construction jobs and then 600 high-paying, permanent jobs once the facility is in operation.