ONEOK, Inc. and MPLX LP have announced definitive agreements for two joint ventures, each building a significant piece of new infrastructure in Texas. One joint venture will develop a large-scale LPG export terminal. Another joint venture will construct a new pipeline that further improves the midstream infrastructure for both companies.

New LPG Export Terminal in Texas City

Texas City Logistics LLC (TCX) will build the export terminal with a 400,000 bpd capacity in Texas City, Texas. ONEOK and MPLX will have 50% of equity in this joint venture; the construction and operating of this facility will be by MPLX. ONEOK and MPLX expect to make equal investments amounting to $700 million to finance the total sum of $1.4 billion. Completion is expected before 2028.

The terminal will process low ethane propane (LEP) and normal butane (NC4), with each partner reserving 200,000 bpd. Leveraging Marathon’s existing infrastructure will provide cost and timing advantages during construction.

New Pipeline to Connect Mont Belvieu Storage to Terminal

ONEOK and MPLX will build a 24-inch pipeline, MBTC Pipeline LLC, linking Mont Belvieu storage to the new terminal. ONEOK will hold 80% of the joint venture, managing construction and operations, while MPLX will own the remaining 20%. The pipeline will cost a total of $350 million, with ONEOK investing approximately $280 million and MPLX contributing $70 million.

Strategic Expansion and Future Growth

ONEOK’s total capital investment for both projects is estimated at $1.0 billion. Pierce H. Norton II, president and CEO of ONEOK, emphasized the significance of the collaboration, stating, “We are excited to collaborate with MPLX on these strategically located projects which expand and extend our NGL value chain providing additional optionality and value to our customers.”

He added, “Given our high expectations for future growth and demand for more energy infrastructure, including export capacity, these projects with MPLX complement our disciplined capital allocation strategy.”      

Also read: TES Advances Green Energy Hub in Wilhelmshaven with New CO2 Export Terminal

ONEOK’s Commitment to Energy Infrastructure

Being the largest midstream operator, it offers gathering, processing, fractionation, transportation, and storage services through the 60,000-mile network of pipelines across the country. ONEOK’s pipeline system brings natural gas to meet domestic demands and supplies needed energy around the world by transferring refined products as well as crude oil. ONEOK is one of the largest energy infrastructure companies in North America, providing reliable, responsible energy solutions for a rapidly changing world.

NeoCarbon, a leader in Direct Air Capture (DAC) technology, and Carbonaide, a trailblazer in carbonisation technology for concrete production, have formed a strategic partnership that seeks to capture CO2 from the atmosphere for permanent storage in concrete. The collaboration will drastically reduce carbon emissions within the building and construction sector, with carbon removal credits expected by 2025.

Combining DAC Technology and Carbonisation for Sustainable Concrete Production

The partnership leverages NeoCarbon’s innovative DAC technology, which captures CO2 directly from the air, and Carbonaide’s carbonisation process, which stores CO2 in precast concrete. NeoCarbon’s modular DAC system ensures rapid and scalable CO2 capture, while Carbonaide’s technology effectively mineralises the CO2 within concrete, creating a permanent carbon storage solution. This collaborative effort will be instrumental for concrete producers as it might serve as an entry point toward minimizing carbon footprint. Additionally, the approach is helpful for building a low-carbon value chain of carbon capture and storage.

Re-Imagining the Concrete Industry as a Carbon Sin

NeoCarbon CEO René Haas said, “Together with Carbonaide, our goal is to address theurgent need for effective carbon capture solutions in the concrete industry. Bycombining NeoCarbon’s DAC technology with Carbonaide’s carbonisation expertiseand technology, we aim to transform concrete production into a carbon sink.” 

A Step Toward a Sustainable Future in Construction

Tapio Vehmas, CEO of Carbonaide added, “The cooperation with NeoCarbon allows usto move a significant step forward in transforming the fossil concreteproduction process to a more sustainable one. We are opening new possibilitiesfor carbon capture and utilisation, paving the way for a more sustainablefuture for the construction industry.”

Also read: Soletair Power and Carbonaide Turn CO₂ Emissions into Carbon-Storing Concrete

A Key Deployment Opportunity in Germany

The partnership is particularly relevant in Germany, where concrete producers are actively seeking solutions to reduce their carbon emissions. With strong demand for sustainable practices, the collaboration is also well-positioned to make an impact in this key market.