US based producer of petrochemicals and speciality chemicals LyondellBasell has completed the expansion of the 800 million pounds per ethylene project at its Corpus Christi, Texas facility. This expansion has increased the ethylene production capacity of the Corpus Christi plant from 1.7 billion pounds per annum to 2.5 billion pounds per year.
Since 2012, the company has invested around $2 billion in US Gulf Coast expansion and plans to invest an additional $3 billion in the region.US based producer of petrochemicals and speciality chemicals LyondellBasell has completed the expansion of the 800 million pounds per ethylene project at its Corpus Christi, Texas facility. This expansion has increased the ethylene production capacity of the Corpus Christi plant from 1.7 billion pounds per annum to 2.5 billion pounds per year.#
Earlier in September last year, LyondellBasel had announced the construction of a high density polyethylene plant (HDPE) in La Porte that will be the first to utilise LyondellBasell's new proprietary Hyperzone PE technology.
Additionally, development of a world scale propylene oxide and tertiary butyl alcohol (PO/TBA) plant at its Channelview site is progressing.
"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," LyondellBasell CEO Bob Patel said. "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.” (AR)
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