04 June 2013 20:43 [Source: ICIS news]
COLORADO SPRINGS, Colorado (ICIS)--Start-up of LyondellBasell’s expanded butadiene (BD) capacity at its extraction unit in Wesseling, Germany, is “literally days away”, the CEO of the Netherlands-based company said on Tuesday.
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“There are moments of brightness,” he said at the ACC’s annual meeting.
Nameplate capacity at the Wesseling BD plant has been announced by the company to increase by 40% to 238,000 tonnes/year.
Earlier this year, Lyondell said it would invest $1.6bn (€1.2bn) in growth capital expenditures from 2013-2016, including projects in North American ethylene capacity and derivatives, a methanol restart in the US and the BD expansion in Germany.
The ACC annual meeting concludes on Tuesday in
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