LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected to increase annual ethylene capacity by an estimated 1.85 billion pounds, for a total estimated capacity of 11.8 billion pounds in North America.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
The ethylene expansion program began in 2013 and represents a total investment of approximately $1.3 billion in the company's Channelview, La Porte and Corpus Christi, Texas plants which benefit from shale gas production.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
On April 16, the U.S. Environmental Protection Agency (EPA) issued a final greenhouse gas permit for the Corpus Christi project. The permit is the first to be drafted by the Texas Commission on Environmental Quality (TCEQ) and issued by EPA under a new program designed to help improve permitting efficiency and productivity for applicants in the State of Texas.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
"We are very pleased with the joint efforts of the EPA and TCEQ. Successfully securing our permit in Corpus Christi means our multi-plant ethylene expansion program is on target to be fully operational by the end of 2015," Gallogly added.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
The required plant modifications are well underway at the La Porte facility and are scheduled to be completed this summer. Start-up at the Channelview plant is planned for early 2015. Construction at Corpus Christi is expected to begin during the second half of this year with start-up scheduled for late 2015.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
"Rather than build a new plant from the ground up, which can take five years or more, our approach is to expand our existing facilities and seize the feedstock advantage more swiftly and cost-effectively," said LyondellBasell Chief Executive Officer Jim Gallogly.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
"These projects, in addition to the recent restart of an idle methanol unit at our Channelview plant and a butadiene expansion at our Wesseling, Germany plant, can potentially add approximately $1.1 billion to our EBITDA, based on 2013 margins," he added.
LyondellBasell has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected #
LyondellBasell