M&G Resins USA receives GHG permit for US$1 bln PET plant in Texas

24-Nov-14

M&G Resins USA has received greenhouse gas (GHG) permits from the US Environmental Protection Agency (EPA) for its planned US$1 bln chemical processing and utility support facility in Corpus Christi, Texas, US. EPA issued two final GHG prevention of significant deterioration (PSD) construction permits to M&G Resins for the project, which includes construction of a polyethylene terephthalate (PET) resin production plant and combined support systems for heat and power utility generation. The facility is estimated to emit about 1,178,441t of CO2 each year. The support system is designed to meet the steam and electrical demands at the complex. M&G Resins had filed an application with the EPA for the project in February 2013. The EPA's GHG regulations were finalised in June 2010 and require projects that increase GHG emissions to obtain an air permit. EPA said that it will work with the businesses that have pending permits retained by the agency. Since 2011, the EPA has received 85 GHG permit applications from businesses in Texas alone.