LyondellBasell to build world’s largest Propylene oxide and tertiary Butyl alcohol plant in Houston

24-Jul-17

LyondellBasell officials announced that the company is building the world’s largest Propylene oxide (PO) and tertiary Butyl alcohol (TBA) plant in the Houston area, at an investment outlay of US$2.4 bln."This world-scale project is a key part of our organic growth strategy, which is designed to meet rising global demand for both urethanes and cleaner-burning oxyfuels while creating real, long-term value for our shareholders,” said Bob Patel, CEO of LyondellBasell. "Our investment in this plant combines the best of both worlds: our leading PO/TBA process technology with proximity to low-cost feedstocks, which gives LyondellBasell a competitive advantage in the global marketplace for these products.”