BAYSTARâ„¢ / Bayport Polymers Revenue and Competitors

Formed in May, 2018, BAYSTAR™ / Bayport Polymers, LLC is a 50/50 joint venture owned by Total S.A. (“Total”) and Novealis Holdings LLC, itself a joint venture of Borealis AG (“Borealis”) and NOVA Chemicals Inc. (“NOVA Chemicals”). BAYSTAR™ is building a 625,000-ton-per-year polyethylene unit at its production site in Pasadena (Bayport), Texas. The new unit will use Borstar® technology and more than double the site's polyethylene capacity to 1.1 Mt/y with a start-up scheduled in 2021. The construction of the new unit is expected to employ 1,750 staff during peak activity. BAYSTAR™ is also building a one-million-tonne per year steam cracker in Port Arthur, Texas. This cracker will process ethane, which is abundantly available and competitively priced in the U.S. and will supply the Pasadena-Bayport polyethylene units.