TX Energy gets tax credit for US gasification plant

December 2006
ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p35
Trade Publication
The article focuses on the U.S. investment tax credit of $130 million received by TX Energy in order to enable Eastman Chemical to build an industrial gasification facility that would gain more chemical feedstock from coal. TX Energy wants to develop the facility with Eastman to supply raw materials for the chemical company's Longview, Texas, site and other products.


Related Articles

  • The future's set in PET. Chynoweth, Emma; Gibson, Jane // ICIS Chemical Business;11/27/2006, Vol. 1 Issue 45, p15 

    This article reveals the plans of Eastman Chemical to build a world-scale polyethylene terephthalate (PET) plant in a bid to transform its PET polymers business. Eastman is targeting an operating margin of 10% for PET by the second half of 2008, through innovation and strategic actions. It will...

  • Eastmansteps on the gas. Chang, Joseph // ICIS Chemical Business;8/6/2007, Vol. 272 Issue 6, p11 

    The article focuses on transformation in the process of making commodities such as methanol by Eastman Chemical Co. after the North American chemical industry's decision for not building a major chemical plant ever due to increased gas prices. Eastman's future investment in the projects, St....

  • Eastman Expands Its EpB Oxirane Unit. Scheraga, Dan // Chemical Market Reporter;05/31/99, Vol. 255 Issue 22, p3 

    Provides information on the expansion of the fine chemical operations of Eastman Chemical Co. in Longview, Texas. Increase in the plant's capacity; Reasons for the expansion.

  • Eastman to Pursue Two U.S. Gasification Projects. Westervelt, Robert // Chemical Week;8/1/2007, Vol. 169 Issue 26, p9 

    The article reports that Eastman Chemical says it will participate in two industrial gasification facilities that will be built on the U.S. Gulf Coast. The projects will use low-cost petroleum coke or coal to produce syngas that can be converted into products including ammonia, hydrogen and...

  • Anhui Kicks off Coal Chemical (Huainan) Base.  // China Chemical Reporter;8/16/2008, Vol. 19 Issue 23, p18 

    The article reports on a ceremony for starting the construction of Anhui Coal Chemical Base in Pingwei Town, Huainan of Anhui province, China. The base, which occupies an area of about 7.74 square kilometers, will have 28 projects. Advanced powdered coal gasification technology will be used to...

  • Pharma & Fine Chemicals: Market Briefs.  // Chemical Market Reporter;11/08/99, Vol. 256 Issue 19, p16 

    Presents news briefs on chemical-related issues in the United States as of November 1999. Purpose of Balchem Corp. for developing Reashure, a rumen-stable encapsulated choline product; Capabilities of the chemical plants to be developed by Eastman Chemical Co.; Approval of Relpax, an oral drug...

  • Belarus.  // CIREC Monthly News;Sep2011, Issue 250, p18 

    The article offers information on the performance of the petrochemical industry in Belarus. It states that polyethylene terephthalate (PET) production in the country was affected by the shortages of raw materials with a decline of 11 percent in the first half of 2011. It notes that ATEC Co....

  • Eastman to Double Coal Chemicals; May Build PET Unit at Refinery. Westervelt, Robert // Chemical Week;11/22/2006, Vol. 168 Issue 39, p9 

    The article reports on the plan of Eastman Chemical to double the use of coal-based raw materials by 2011 and build a massive polyethylene terephthalate plant using its new IntegRex process technology with a refinery partner. Greater emphasis on coal-based raw materials will allow Eastman to...

  • Low Natural Gas Prices Bode Well for U.S. Petchem Makers. BEWLEY, LINDSEY // Chemical Week;11/8/2010, Vol. 172 Issue 27, p30 

    The article deals with the growing interest of North American chemical producers in using natural gas as a raw material to feed petrochemical crackers. In early 2010, Eastman Chemical announced plans to restart its ethylene and propylene unit at Longview, Texas because of the positive outlook of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics