Badlands NGLs, LLC is a petrochemical and polymer company based in Denver, Colorado and Houston, Texas that is developing assets to add value to the abundance of natural gas liquids ("NGLs") in North America. Badlands brings together a team of extraordinarily experienced executives and strategic partners that share a collective vision and have considerable experience in development, construction and operations management of olefin and petrochemical assets.
Beginning in 2011, Badlands developed a proprietary database that identified physically and economically stranded NGLs that are the byproducts of U.S. shale oil and gas exploration and production. The objective of Badlands’ database development was to identify and quantify these physically stranded hydrocarbons at the wellhead thereby identifying the best locations for the development of value added petrochemical assets. Badlands first identified polyethylene as the best overall fit for developing a value-added hydrocarbon business away from the Gulf Coast, which has been the traditional center of petrochemical manufacturing in the United States.
As a part of the polyethylene technical development process, Badlands negotiated a license agreement for the use of proprietary catalysts for the manufacture of co-monomers, 1-butene and 1-hexene, that are needed for all polyethylene manufacturing. Discussions with this licensor during this process led Badlands senior management to recognize a severe shortage of these co-monomers in the U.S., Asia and Europe. As a result of these discussions, Badlands decided to pursue a near term opportunity to construct a merchant co-monomer facility on the Gulf Coast while Badlands continues to take the steps required for the development and construction of its world scale polyethylene facilities.