U.S., British companies to develop ethylene export terminal in Texas

Enterprise Products Partners LP and London-based Navigator Holdings Ltd. plan to create a 50-50 joint venture to develop an ethylene marine export terminal on the Houston Ship Channel, reports the Houston Business Journal. The newspaper says the proposed terminal would be built at Houston-based Enterprise’s Morgan’s Point complex, where the company already has the world’s largest ethane export terminal. Enterprise would manage construction, operations and commercial activities at the new terminal, while Navigator's fleet of 14 vessels would deliver the ethylene to customers, according to the Business Journal. For more, read the full story.

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