USA: $1.7 billion investment to expand Total’s petrochemicals activities in Texas
- building a new 1 Mt/y ethane steam cracker in Port Arthur, Texas;
- Total’s existing polyethylene 400 kt/y plant in Bayport, Texas;
- building a new 625 kt/y Borstar® polyethylene plant on the Bayport site, Texas.
- In Refining & Chemicals, Total owns the Port Arthur refinery in Texas and has a 40% interest in a condensate splitter, which have a total capacity of 202,000 barrels per day. Port Arthur refinery is integrated with a steam cracker in which the Group has a 40% interest through a joint venture with BASF (60 %). In petrochemicals, Total operates one of the world’s largest polypropylene plants, in La Porte, Texas; the world’s largest polystyrene plant, in Carville, Louisiana; and two high density polyethylene (HDPE) lines in Bayport, Texas. The Group is also present in the country through its affiliates Cray Valley, which produces hydrocarbon resins, and Hutchinson, which processes elastomers.
- In Exploration & Production, Total is active in the deepwater Gulf of Mexico and in shale gas production in the Barnett Shale (Texas) and the Utica Shale (Ohio).
- In LNG, Total has contracted US production in its trading portfolio and has acquired in 2016 an interest in Tellurian that develops an integrated gas project to produce and export LNG from the planned Driftwood LNG Terminal (Texas).
- In renewable energies, Total is the majority shareholder of SunPower, a global solar leader that offers rooftop solutions for the home, industrial and commercial markets and develops utility-scale solar power plants. The Group is also present in the energy storage market through its affiliate Saft, which runs U.S.-based research and manufacturing sites.