Swiss petrochemical company INEOS has announced that the first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal has been loaded aboard the multi-gas carrier JS INEOS Intrepidset.
The INEOS Intrepid, built in 2015, is the first ship to export ethane out of Marcus Hook near Philadelphia in March as well as the new Morgan’s Point terminal on the Gulf Coast
The Morgan’s Point ethane export facility, which is the largest of its kind in the world, can load at a rate of 10,000 barrels per hour.
“This is another significant development for INEOS Olefins & Polymers as it secures additional ethane from the USA. It complements our needs for competitive raw materials for our European cracker complexes,” said David Thompson CEO of INEOS Trading and Shipping.