Chevron Phillips Chemical has announced that it would be investing $5 billion to build an ethylene plant in Orange County, Texas.

Company sources informed that the construction could begin by 2020 and commercial operations commence by 2024.

The two-unit plant would be located half in the West Orange-Cove school district and half in the Bridge City school district. For a reference, the expansion Chevron Phillips just completed at its Cypress Bayou ethane cracker plant was a $6 billion project producing 1.5 million metric tons of ethylene.

The plant would be built on a 1,700-acre site near the current polyethylene plant and will include a world-scale ethylene cracker, at least one ethylene derivative unit, related administrative buildings, utility, infrastructure, and a rail storage yard.

Chevron’s Orange plant has been in operation in Chemical Row, since 1955. It converts ethylene into high-density polyethylene

Chevron Phillips Chemical Company is the sum of a 2000 merger between Chevron Corporation and Phillips Petroleum. It is headquartered in The Woodlands and operates 33 manufacturing and research centers, which employ 5,000 people worldwide.

Chevron Phillips Chemical to Build Cracker in Orange County Texas