08 December 2011 18:40 [Source: ICIS news]
HOUSTON (ICIS)--A LyondellBasell project at its La Porte facility in Texas would expand ethylene capacity by 850m lb/year (386,000 tonnes/year), the producer said on Thursday.
The Netherlands-headquartered petrochemicals producer outlined its growth projects during an investor day event in New York.
An expansion of Lyondell’s La Porte ethane steam cracker in Texas would increase total capacity at the facility to more than 1.1m tonnes/year, the company said.
Meanwhile, the company’s Channelview facility in Texas is expected to increase its capability to process ethane feedstocks by an additional 228,000 tonnes/year.
“The company also continues to study a modest ethylene capacity expansion at this site,” LyondellBasell said.
Also, “The company is advancing a project to build a new metathesis unit at Channelview which is planned to increase propylene production by 500m lb/year of equivalent ethylene,” the company said.
"The North American projects build upon our asset and technology positions, coupled with cheap and abundant natural gas and natural gas liquids, to offer high-returns in a relatively short period,” said CEO Jim Gallogly. “Additionally, they are expected to be completed more quickly and inexpensively than greenfield projects.”
LyondellBasell plans to restart a 780,000 tonne/year methanol plant as well.
In China, the company has signed an agreement with Sinopec to study the construction of a world scale propylene oxide/tertiary butanol (PO/TBA) plant.
The company plans to expand butadiene capacity at Wesseling, Germany, by 40% to 238,000 tonnes/year from 170,000 tonnes/year.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|