LyondellBasell evaluating propylene capacity expansion in US ? LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has announced that it is evaluating the expansion of its propylene production capacity at its Channelview Complex near Houston, Texas, USA. The potential expansion would involve building a new propylene facility using LyondellBasell’s existing technology to convert ethylene into propylene for use in the production of polypropylene and propylene oxide. ? “In addition to the lower carbon emissions than competing technologies, we believe the project has more favourable economics compared to other production methods,” said Mr. Ken Lane, Executive Vice President Global Olefins & Polyolefins. “Additionally, this upstream investment would allow us to be less dependent on propylene market supply and demand, providing us with the opportunity to serve growing customer needs better,” he added. ? A final investment decision on this 400-kiloton propylene expansion project is expected towards the end of next year. The project would have an annual capacity of 950 million pounds per year. It would increase the company’s propylene capacity at the Channelview Complex by more than 35 percent. ? Subscribe to Chemical Weekly magazine: https://lnkd.in/g3S4ZSu9 ? Chemical Weekly is the official media partner for ChemExpo India 2023 (Apr 18-19, Mumbai). To know more visit www.chemexpoindia.com ? #chemicals #chemicalindustry #chemicalweekly #specialitychemicals #ethylene #propylene #polypropylene #propyleneoxide #upstream #lowercarbonemissions #carbonemission #carbon #capacityexpansion #olefins #polyolefins www.chemicalweekly.com
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2 年Everybody jumping on board now.. Chaning Vaughan