The proposed Odfjell ethylene terminal would have an annual volume of 750,000 mtpa, and a loading rate of between 600 and 1,000 tons per hour. (Source: Odfjell)
As the second half of 2017 begins, decision time looms closer for the two proposed ethylene export terminals for the U.S. Gulf Coast.
The rival developers are a contrast in capabilities: Odfjell is a global leader in tankers and terminals; Enterprise Products is a dominant midstream and downstream player in North America with vast capital resources. Of the two, Odfjell has been more forthcoming about its plans, intending to make a decision by the end of this year and, if a go, to have the facility in service by year-end 2019.