LyondellBasell has broken ground near Houston for the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) complex ever built and the company’s largest investment to date, a project that would be fueled by Lower 48 natural gas.
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LyondellBasell FIDs Houston Petrochem Project, Largest Investment in Company History
LyondellBasell pulled the trigger Friday to build the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) projects in the Houston area, a $2.4 billion investment fed by U.S. natural gas that would be its single largest in company history.
Cheap Gulf Coast NGLs Inspire New LyondellBasell Plant
LyondellBasell said it would proceed with plans to build the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area.
LyondellBasell Sees U.S. as ‘Primary Investment Vehicle’
LyondellBasell Industries, a worldwide chemical company based in the Netherlands, expects to complete a cracker expansion at the Channelview, TX, facility near Houston by the end of the year, with production ramping up in early 2014.