Common use of Proposed Project Description Clause in Contracts

Proposed Project Description. The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings • Control Room • Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) • Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.) EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings o Control Room o Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) o Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.)

Appears in 1 contract

Samples: assets.comptroller.texas.gov

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Proposed Project Description. The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 575 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings • Control Room • Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) • Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.) EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings o Control Room o Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) o Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.)Exhibit 4

Appears in 1 contract

Samples: assets.comptroller.texas.gov

Proposed Project Description. The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 575 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings • Control Room • Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) • Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.) EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 575 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings o Control Room o Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) o Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.)) <.. image(A screenshot of a cell phone Description automatically generated) removed ..>

Appears in 1 contract

Samples: assets.comptroller.texas.gov

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Proposed Project Description. The proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence of a sulfuric acid catalyst to form alkylate. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 600 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: Distillation towers Reactors Heat Exchangers, pumps and vessels Compressor and refrigeration units Acid and Caustic Storage & Neutralization Equipment Cooling Tower  Steam Supply & Condensate Return Systems (connected to nearby cogen unit)  Electrical Substation Waste Water Tank Firewater Tank and Distribution System • Metering Stations •  Multiple feedstock and product pipelines & metering stations  Feedstock and Product Storage Pipeline Transfer Pumps  Byproduct Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings •  Buildings: Administration, Control Room • Room, Guard House, Lab & Maintenance Warehouse  Future Rail  Several miles of pipeline extending from property to gasoline blending  Pipelines connecting feedstock Detailed Description of Qualified Property N/A - Qualified investment (used tab 7) describes qualified property exactly. Description of Land The Land upon which the new buildings or new improvements will be built WILL NOT be part of the qualified property as described by §313.021(2)(A). All of the tracts, pieces, or parcels of real property contained in the attached ground survey are leased by Applicant. LEGAL DESCRIPTION Otf THE PREMISES TRACT 1: A tract of land containing 52.9567 acres (2306792 square feet) located partially within the Xxxxxx Xxxx Survey, Abstract 18, and partially within the Xxxxx Xxxxxxx Survey, Abstract 698, both in Xxxxxx County Texas. Said tract being more particularly described by metes and bounds as follows: BEING a 52.9567 acre (2306792 square feet) tract of land situated in the Xxxxx Xxxxxxx Survey, Abstract No. 698, and the Xxxxxx Xxxx Survey, Abstract No. 18, Xxxxxx County, Texas, and being a part of and out of that certain called 108.965 acre tract as described in conveyance to Lone Star Cement Co. and recorded in Volume 3167, Page 49, of the Xxxxxx County Deed Records, said 52.9567 acre parcel being more fully described by xxxxx and bounds as follows: COMMENCING at the Point Of Intersection of the North line of a 178' wide tract conveyed to H.L.& P. Co. in Volume 2243, Page 326, of the Xxxxxx County Deed Records and the East line of Xxxxxxxx Co. Private Road (variable width); THENCE North 87°33'52" East along and with the North line of said H.L.& P. Co. 178' wide tract, a distance of 26.30 feet to the POINT Otf BEGINNING of the tract herein described, and being in the West line of said Lone Star Cement Co. tract; THENCE North 02°35'53" West along and with the West line of said Lone Star Cement Co. tract, a distance of 2417.79 feet to a 5/8" iron rod set for testing the composition Northwest corner of the tract herein described and quality being in the South line of feedstockPort Terminal Railroad; Thence, mid‐process product testing along a curve to the right having a radius of 2814.31 feet, an arc length of 568.52 feet to the East line of said Xxxxx Xxxxxxx Survey, same being the West line of Xxxxxx Xxxxx Survey, and quality assurance continuing for a total distance of 1006.38 feet to a 5/8" iron rod set for the Northeast corner of the tract herein described, and being in the West line of North South Street (100' R.O.W.); THENCE South 02°57'38" East along and with the West line of said North South Street, a distance of 2207.00 feet to a 5/8" iron rod set for the Southeast corner of the tract herein described, and being in the North line of said H.L.& P. Co. 178' wide tract; THENCE South 87°33'52" West along and with the North line of said H.L.& P. Co. 178' wide tract, a distance of 991.93 feet to the POINT Otf BEGINNING. TRACT 2: Non-exclusive easement estate created by that certain Use of Road Agreement executed by and between Xxxxxxxx Chemical Company and Xxxx Cattle & Land Company, as well as finished product testing) • Maintenance facility (base set forth in instrument dated January 15, 1952, filed for plant maintenance workers and related tasksrecord in Volume 3159, toolsPage 360 of the Deed Records of Xxxxxx County, maintenance equipment, etc.) EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY Texas. Description of all property not eligible to become qualified property The new construction area for the proposed project to which this application pertains is to construct an on‐purpose alkylate manufacturing facility. The facility will consist of two units, an olefins unit (“Olefins Unit”) and an alkylation unit, as well as associated process infrastructure, auxiliary equipment and logistics assets. The Olefins Unit produces olefins via a catalyst and co‐catalyst. The alkylation unit will react light olefins – including the olefins produced by the Olefins Unit – with isobutane in the presence yellow shading. There is no existing property within the yellow shading, the parcels of a sulfuric acid catalyst to form alkylateland are raw and undeveloped. Alkylate is a premium blendstock used in the formulation of gasoline and is sought after for its high octane and low vapor pressure characteristics. Feedstocks are sourced from a pipeline network connected to market hubs along the Gulf Coast. Final products produced are alkylates, which will be transported by pipeline and sold into the gasoline blending market for domestic and foreign consumption. Applicant anticipates investments for construction of approximately $469 million. This anticipated investment amount includes engineering, equipment, and construction costs. Significant Components of the Facility Include: • Distillation towers • Reactors • Heat Exchangers, pumps and vessels • Compressor and refrigeration units • Acid and Caustic Storage & Neutralization Equipment • Cooling Tower • Electrical Substation • Waste Water Tank • Firewater Tank and Distribution System • Metering Stations • Feedstock and Product Storage • Pipeline Transfer Pumps • Truck Loading, Unloading & Truck Scale o catalysts to be used in the manufacturing process are brought in via truck, weighed and unloaded; smaller volume products of the manufacturing process are sold and loaded onto trucks for delivery to the customer • Flare & Thermal Oxidizer • Buildings o Control Room o Lab (used for testing the composition and quality of feedstock, mid‐process product testing and quality assurance as well as finished product testing) o Maintenance facility (base for plant maintenance workers and related tasks, tools, maintenance equipment, etc.)New Project Boundary Maps that clearly show:

Appears in 1 contract

Samples: assets.comptroller.texas.gov

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