Indorama Ventures Olefins has received an air permit for the restart and repair of a dormant ethane cracker near Lake Charles, Louisiana, parent company Indorama Ventures said Monday, via platts.
The permit will allowed the company to proceed with the refurbishment of the cracker and will allow for the construction and repairs to start one month ahead of the initial schedule, Indorama Ventures added.
"Ethylene from the cracker will feed the production of MEG (monoethylene glycol), which is used to make PET (polyethylene terephthalate), Indorama Ventures said in a statement. "When complete, Indorama Ventures will become the most vertically integrated PET producer in North America."
In late September, the Louisiana Economic Development Board made an announcement indicating the scope of the project and its cost.
