Related Keywords: capacity expansion, ethylene, LyondellBasell, Texas, US Gulf coast
The American multinational chemical company based in Houston, Texas, LyondellBasell, plans to introduce three major projects. The company tries to multiply ethylene capacity at the U.S. Gulf coast through these growth projects.
The company’s first project is the methanol plant at Channelview, Texas which was placed into service in fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service since 2004 due to the rising cost of natural gas, the key feedstock for methanol production, the company said.
