19 November 2015
DETAILS
one of the world's largest plastics, chemical
and refining companies,
today announced that it is advancing plans
to build the world's largest
propylene oxide (PO) and tertiary butyl alcohol (TBA) plant
in the Houston area.
This project, considered to be the largest of its kind,
is expected to create up to 2,500 construction jobs
and approximately 100 permanent positions.
The Company will soon begin front-end engineering design work
and file environmental permit applications.
This phase will also include funding
to order long lead-time equipment.
A final investment decision is expected to be made
following completion of the engineering design work.
LyondellBasell first announced the PO/TBA project
in August of 2014.
Annual production capacities are anticipated to be
* one billion pounds of propylene oxide and
* two billion pounds of tertiary butyl alcohol.
The plant will sell PO in the global marketplace
to meet growing demand for polyurethanes,
which are used primarily for the manufacture of bedding,
furniture, carpets and car seats.
TBA and its derivatives, which include oxy-fuels,
will be sold to meet the need for
high octane gasoline blending components
as well as for use in manufacturing
synthetic rubber and lubricant additives.
Chief Executive Officer
LyondellBasell
"We are moving forward in a deliberate fashion
to develop what could become
the single largest capital investment
in LyondellBasell's history,"
"We continue to believe that the combination of
low-cost natural gas liquids available
on the U.S. Gulf Coast,
along with our leading proprietary PO/TBA technology,
will allow this proposed project
to capture maximum advantage of market opportunities."
"We are moving forward in a deliberate fashion
WWW.CHEMWINFO.COM BY KHUN PHICHAI
