Williams Partners’ Geismar Plant in Final Stages of Commissioning; Ethylene Production for Sale Now Expected in December
December 02 2014 - 8:00AM
Business Wire
Williams Partners L.P. (NYSE: WPZ) today announced its expanded
Geismar plant is in the final stages of commissioning and now
expects ethylene production for sale to begin in December.
“Some of these commissioning activities have taken longer than
originally planned, but as we have stated throughout this process,
safety is our number one priority,” said John Dearborn, senior vice
president of NGL & Petchem Services. “And I want to thank our
Geismar team for its focus on safety throughout this complex
expansion and rebuild effort.”
Capacity at the Geismar plant is now 1.95 billion pounds of
ethylene per year. Williams Partners’ share of the total capacity
of the expanded plant is approximately 1.7 billion pounds per year.
Williams (NYSE: WMB) owns controlling interest and is the general
partner of Williams Partners.
About Williams Partners
Williams Partners L.P. owns and operates both on-shore and
off-shore assets of approximately 15,000 miles of natural gas
gathering and transmission pipelines, 1,800 miles of NGL
transportation pipelines, an additional 11,000 miles of oil and gas
gathering pipelines and numerous other energy infrastructure
assets. The partnership's operated facilities have daily gas
gathering capacity of approximately 11 billion cubic feet,
processing capacity of approximately 7 billion cubic feet, NGL
production of more than 400,000 barrels per day and domestic
olefins production capacity of 1.95 billion pounds of ethylene and
114 million pounds of propylene per year.
For more information about Williams Partners, visit
www.williamslp.com.
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the company
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Any such statements are made in reliance on the “safe
harbor” protections provided under the Private Securities Reform
Act of 1995. Additional information about issues that could lead to
material changes in performance is contained in the company’s
annual reports filed with the Securities and Exchange
Commission.
WilliamsMedia Contact:Tom Droege,
918-573-4034orInvestor Contacts:John Porter,
918-573-0797orSharna Reingold, 918-573-2078
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