LyondellBasell Plans Chemical Plants In Houston, Texas, Metro Area
11/19/2015
"We are moving forward in a deliberate fashion to develop what could become the single largest capital investment in LyondellBasell's history," said CEO Bob Patel. "We continue to believe that the combination of low-cost natural gas liquids available on the U.S. Gulf Coast, along with our leading proprietary PO/TBA technology, will allow this proposed project to capture maximum advantage of market opportunities."
The Company's complex located in Channelview, Texas was selected as the site for the PO/TBA unit. The Bayport Choate site near Pasadena was selected for an ethers unit which will produce oxy-fuels for high octane gasoline. A split facility design between the Channelview and Bayport sites will optimize the product balances between the sites and create additional synergies.
This project is part of LyondellBasell's previously announced $3 - $4 billion expansion effort that will take place on the U.S. Gulf Coast over the next five years. LyondellBasell has already completed work on ethylene expansion projects at the Company's La Porte and Channelview sites in Texas. A third ethylene expansion project is currently underway in Corpus Christi.
The Company will soon begin front-end engineering design work and file environmental permit applications. This phase will also include funding to order long lead-time equipment. A final investment decision is expected to be made following completion of the engineering design work.
The plant will sell PO in the global marketplace to meet growing demand for polyurethanes, which are used primarily for the manufacture of bedding, furniture, carpets and car seats. TBA and its derivatives, which include oxy-fuels, will be sold to meet the need for high octane gasoline blending components as well as for use in manufacturing synthetic rubber and lubricant additives.
Project Announcements
Climeworks Plans Calcasieu Parish, Louisiana, Direct Air CO2 Capture Operations
11/08/2024
India-Based Granules Consumer Health Expands Prince William County, Virginia, Operations
11/08/2024
Taiwan-Based Sunlit Fluo & Chemical Establishes Phoenix, Arizona, Semiconductor Material Operations
11/07/2024
Ontic Plans Miramar, Florida, MRO Operations
11/07/2024
American International Group Plans Atlanta, Georgia, Innovation Hub
11/06/2024
TMC Transformers USA Expands Waynesboro, Georgia, Manufacturing Operations
11/06/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
The Role of Rail in Industrial Development
Q4 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
Hydrogen Industry in Canada: A Global Leader in the Clean Energy Revolution
Q3 2024
-
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Q3 2024
-
Which AI Tools Work for Job Recruiters?
Q3 2024
-
Permitted Power Capacity Foreshadows Health of Regional Economies
Q3 2024