Matrix Service Company announced its subsidiary, Matrix Service, has been awarded the greenfield engineering, procurement, and construction of a 600,000 barrel cryogenic ethane storage tank for Enterprise Products along the Texas Gulf Coast. The project, which was taken into Matrix’s backlog in the first quarter of Fiscal 2023, supports a continued demand for ethane in the global marketplace. Engineering for the storage tank will be completed by Matrix PDM Engineering.
“We value our long-standing relationship with Enterprise and appreciate their trust and confidence in us to engineer and construct this critical infrastructure,” Matrix Service President and CEO John R. Hewitt. “The global demand for ethane from the U.S. continues to increase because of its value as a petrochemical feedstock that can be broken down into ethylene, used in a wide variety of industrial, agricultural, and other applications. This greenfield infrastructure helps support that demand. As a leader in the engineering, construction, and maintenance of cryogenic infrastructure, Matrix is fielding a growing number of downstream project opportunities, including those for both ethane and ethylene.”
