Emerson Secures Contract To Automate Golden Triangle Polymers Facility

Emerson Electric Co EMR has agreed to provide automation technologies, software and analytics from its Plantweb digital ecosystem for the Golden Triangle Polymers Project.
The Texas Gulf Coast is home to the Triangle Polymers Project, a large-scale integrated polymers facility. The total installed cost of the project is expected to be $8.5 billion and is a joint venture between Chevron Phillips Chemical Company LP and an indirect subsidiary of QatarEnergy.
The project aims to have ~25% lower GHG emissions than similar facilities in the U.S. and Europe. Operations are expected to begin in 2026.
Emerson will deliver integrated process control and safety systems that leverage advanced predictive technologies to reduce operational complexity and minimize project risk.
Price Action: EMR shares are trading lower by 1.33% at $81.08 on the last check Monday.