Williams Partners’ Geismar Base Plant Consistently Producing Ethylene; Full Expanded Production Expected in June
25 April 2015 - 8:00AM
Business Wire
Williams Partners L.P. (NYSE: WPZ) today announced its Geismar,
La. olefins plant resumed consistent operations in late March and
is expected to produce ethylene at the base plant’s production rate
through May. The process to achieve its full expanded production
rate will be ongoing through June.
The expanded plant was ramping up when a new transformer that
supplied power to a plant expansion compressor unexpectedly failed.
The transformer is being repaired at the original manufacturer’s
facility. The plant continues to improve production rates due to
the ability to use equipment installed as part of the plant’s
expansion. The plant’s expanded production rate is expected to be
reached shortly after the repaired transformer is re-installed.
Base ethylene production capacity at the plant is 1.35 billion
pounds per year and the expanded capacity is 1.95 billion pounds
per year. Williams Partners’ share of the total capacity of the
expanded plant is approximately 1.7 billion pounds per year.
The partnership will provide an update on the status of the
plant’s operations during a scheduled April 30 investor conference
call.
About Williams Partners
Williams Partners (NYSE: WPZ) is an industry-leading, large-cap
natural gas infrastructure master limited partnership with a strong
growth outlook and major positions in key U.S. supply basins and
also in Canada. Williams Partners has operations across the natural
gas value chain from gathering, processing and interstate
transportation of natural gas and natural gas liquids to petchem
production of ethylene, propylene and other olefins. Williams
Partners owns and operates more than 33,000 miles of pipelines
system wide – including the nation’s largest volume and fastest
growing pipeline – providing natural gas for clean-power
generation, home heating and industrial use. Williams Partners’
operations touch approximately 30 percent of U.S. natural gas.
Tulsa, Okla.-based Williams (NYSE: WMB), a premier provider of
large-scale North American natural gas infrastructure, owns 60
percent of Williams Partners, including the general-partner
interest. www.williams.com
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the partnership
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Any such statements are made in reliance on the “safe
harbor” protections provided under the Private Securities Reform
Act of 1995. Additional information about issues that could lead to
material changes in performance is contained in the partnership’s
annual reports filed with the Securities and Exchange
Commission.
Williams Partners L.P.Media Contact:Tom Droege,
918-573-4034orInvestor Contacts:John Porter,
918-573-0797orBrett Krieg, 918-573-4614
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