United States: TotalEnergies and Borealis Start Up Baystar JV Polyethylene Unit
Paris, October 3, 2023 –TotalEnergies and Borealis celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar® polyethylene (PE) unit, which more than doubles the current production capacity at Baystar’s site in Bayport, Texas.
The new USD 1.4 billion unit completes the partners’ integrated petrochemicals venture, which includes the expanded Bayport PE facility, and the ethane cracker at the TotalEnergies Platform in Port Arthur, Texas.
The new PE unit, referred to as Bay 3, increases the Baystar site’s total production to over one million tons per year, which includes two legacy polyethylene production units. Bay 3 features the state-of-the-art proprietary Borstar® 3G technology licensed in North America for the first time. Borstar technology delivers advanced value-added polymers with enhanced sustainability by enabling light-weighting and the incorporation of greater amounts of post-consumer recycled materials in a variety of end products, serving the energy, infrastructure and consumer products industries.
After the inauguration of the ethane cracker unit in Port Arthur last year, the start-up of the new PE unit is the second milestone of this joint venture aimed at establishing Baystar as a fully integrated U.S. petrochemical player. The fruition of this venture also advances TotalEnergies ambition to grow in the United States,” said Bernard Pinatel, President, Refining & Chemicals, TotalEnergies.
“The arrival of Borealis’ proprietary Borstar technology in North America by way of Baystar marks, in line with our owners’ strategies, a crucial step for us in becoming a global leader in advanced and sustainable chemicals and material solutions,” said Borealis CEO, Thomas Gangl. “Expanding and deepening our footprint through Baystar enables us to better serve customers and partners by offering improved access to Borstar based products produced right here in North America.”
Read the full press release on the TotalEnergies website
@TotalEnergies
TotalEnergies
TotalEnergies
TotalEnergies
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
TotalEnergies Contacts
- Norway Corporate Affairs & Communications Director: Henning Eide l +47 918 66 728 l [email protected]
- Media Relations: +33 1 47 44 46 99 l [email protected] l @TotalEnergiesPR
- Investor Relations: +44 (0)207 719 7962 l [email protected]
Cautionary Note
This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.