Domestic Inventory and Well Costs
OXYCHEM
BATTLEGROUND MEMBRANE CONVERSION
.
·
Modernization and expansion of the Battleground plant
expected to increase cash flow through improved margins and
higher product volumes, while enhancing operational flexibility:
Conversion from diaphragm to membrane technology
expected to improve margins, while lowering maintenance
capital and GHG emissions intensity
•
Expand chlor-alkali capacity to cover strategic commercial
and supply chain initiatives
Improve plant logistics to create additional operating
flexibility
Battleground project expected to generate a strong return
while improving OxyChem's market position
Construction expected to commence in 2023, with completion
expected in early 2026:
.
Existing operations to continue as normal during
construction
Membrane Electrolyzer
Project Spending
2023 - 2025:
Incremental Projected
Annual EBITDA:
Incremental Plant
Capacity:
29
~$1.1 B (~20% in 2023)
$250 $350 MM
-80%
-
OXYView entire presentation