Phillips 66 (NYSE: PSX) has begun operations at its new 100,000 barrels per day (bbl/d) natural gas liquids (NGL) fractionator located at the company's Sweeny Complex in Old Ocean, Texas.

Sweeny Fractionator One supplies purity ethane and liquefied petroleum gases (LPG) to the petrochemical industry and heating markets. It is supported by 250 miles of new pipelines and a multimillion-barrel storage cavern complex.

The LPGs produced at Sweeny Fractionator One are being delivered via pipeline to local petrochemical users as well as to the market hub at Mont Belvieu, Texas. Phillips 66 also said it will have the capability to place the LPG into global markets upon completion of its 150,000 bbl/d Freeport LPG Export Terminal in the second half of 2016.

Phillips 66 owns fractionation capacity at multiple fractionators in Mont Belvieu and Conway, Kansas.

Sweeny Fractionator One and the Freeport LPG Export Terminal represent a combined capital investment of more than $3 billion, the company said.