LyondellBasell to develop flagship PO/TBA plant on US Gulf coast
Tom Brown
25-Aug-2014
LONDON
(ICIS)–LyondellBasell is to develop a world-scale propylene
oxide (PO) and tertiary butyl alcohol (TBA) plant on the US
Gulf coast, the Netherlands-registered,
US-headquartered chemicals producer said on
Monday.
Slated to be operation by 2019 according to the company’s
preliminary timetable, the unit will have an estimated
capacity of over 400,000 tonnes/year of PO and over 900,000
tonnes/year of TBA and its derivatives, LyondellBasell
added.
The decision to develop the plant was prompted by the drop in
natural gas prices in the US on the back of the shale gas
boom, according to Pat Quarles, LyondellBasell
senior vice president of intermediates and derivatives.
“While we have not finalised the exact location of the plant,
the abundant natural gas liquids associated with shale gas
make the US Gulf coast an advantaged feedstock region,” he
said.
The project is expected to create 1,200 constructions jobs at
the peak of its development, the company added.
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