CHEVRON PLANS TO EXPAND LOUISIANA STYRENE PLANT

CHEVRON PLANS TO EXPAND LOUISIANA STYRENE PLANT

Chevron Chemical Co., a subsidiary of Chevron Corp., announced approval of engineering funds to expand annual production capacity of its St. James Parish, La., styrene plant, from 600 million pounds to 1.5 billion pounds a year.

Over the next few months, Chevron will select engineering contractors, complete process design and cost estimates, and obtain all necessary permits, said E.M. Kura, vice president and general manager, Aromatics and Derivatives division.R.M. Dole, St. James plant manager, said, The prospective project will require an expenditure of more than $125 million and will create about 600 local engineering and construction jobs for a two-year period starting in 1989.

Final project approval is expected in early 1989 and is contingent upon final engineering estimates and Chevron's ability to secure the necessary state and local permits to construct and operate the expanded plant. This project would make Chevron one of the largest styrene producers in the United States.

Styrene is one of the major oil-derived petrochemicals. End uses of styrene include plastics used in packaging, food containers and serviceware, housewares, and medical applications. In addition, styrene is an intermediate product used in the production of automobile tires, paper coatings, carpet backing, appliances, computers and business machines.