ENR Texas & Louisiana said the energy market is fueling billions of dollars in petrochemical construction in the Gulf Coast region.
ENR Texas & Louisiana reported on the surge of construction activity in the Texas-Louisiana Gulf Coast region. ww.texas.construction.com said:
“The region posted big increases for project starts in all sectors, particularly in energy, transportation and water infrastructure. The top 25 projects of 2014 totaled $28.9 billion, more than double the previous year's $12.5 billion.”
ENR (Engineering News-Record) says some gigantic energy projects now underway in the region include the $10-billion Cameron LNG Liquefaction Project; the $6-billion Chevron Phillips Chemical Co.'s U.S. Gulf Coast Petrochemicals Project, which includes an ethane cracker at the Cedar Bayou facility in Baytown, Texas, and two polyethylene facilities in Old Ocean, Texas.
The report said, “the project, scheduled for completion in 2017, will support 400 long-term, direct jobs and 10,000 engineering and construction jobs.”