LyondellBasell has announced the completion of the ethylene expansion project at the company's Corpus Christi, Texas, US, site.
The project will double ethylene capacity at the facility and completes the company's multi-year plan to increase annual ethylene capacity in the US by two billion pounds.
Bob Patel, LyondellBasell CEO and Chairman of the management board, said: "As we look to meet growing, global demand for our products, we continue to seek the right opportunities that ensure we are well positioned for the longer term […] By expanding ethylene capacity in the US through debottlenecks rather than long and costly greenfield developments, we quickly added substantial capacity for significantly less than the cost of a new plant.”
Since 2012, LyondellBasell has invested approximately US$2 billion in US Gulf Coast expansion projects and plans to invest an additional US$3 billion in the region. In September 2016, the company announced the construction of a high density polyethylene plant (HDPE) in La Porte that will be the first to utilise the company’s new proprietary Hyperzone PE technology. Construction is scheduled to begin early this year, with start-up planned for 2019. The company is also developing a world scale propylene oxide and tertiary butyl alcohol (PO/TBA) plant at the its Channelview site.
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