LyondellBasell PE plant to showcase technology planned for Texas

12 May 2014 23:59 Source:ICIS News

HOUSTON (ICIS)--LyondellBasell's proposed polyethylene (PE) plant that would showcase new low-pressure technology would be built at its La Porte, Texas, complex, according to an air permit made available on Monday.

Construction would begin on 1 January 2015, according to the permit filed with the Texas Department of Environmental Quality (TCEQ) on 31 October 2013.

Start-up of the $400m plant would be in mid-2017, LyondellBasell in its Q1 2014 earnings presentation.

In its last two earnings conference calls, the US producer has referred to the plant as being a showcase for new PE technology to add to its licencing portfolio.

In January during its Q4 2013 earnings call, CEO Jim Gallogly called the technology “a low-pressure new technology that, I think, we may build 0 number 001 in the US”.

Last month in its Q1 call, Gallogly said that LyondellBasell’s supervisory board had approved advancing the project to “the next stage, during which we will finish engineering and purchase long-lead items”.

The air permit, filed by LyondellBasell subsidiary Equistar Chemicals, did not disclose planned nameplate capacity. It said that about 63 jobs would be created by the plant.

LyondellBasell did not immediately return on Monday a request for additional details about the plant or the new technology.

Currently at its La Porte complex, LyondellBasell has 355,000 tonnes/year of linear low density polyethylene (LLDPE) capacity and 200,000 tonnes/year of low density polyethylene (LDPE), according to ICIS plants and projects database.

By Jeremy Pafford