LyondellBasell Looks to Gulf Coast Ethylene Buildout after Rough 2016 Ends on High Note
LyondellBasell Looks to Gulf Coast Ethylene Buildout after Rough 2016 Ends on High Note
SUGAR LAND--February 6, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Executives at LyondellBasell Industries NV (NYSE:LYB) (Houston, Texas) were not surprised to see overall dips in revenues and profits for full-year 2016, given the rough environment in the refining and chemicals markets, but were optimistic about the coming year as the company wrapped up the expansion of an ethylene plant and began site preparations for the construction of another, both in Texas. Industrial Info is tracking $4.32 billion in projects involving LyondellBasell.
Within this article: Details on LyondellBasell's plans in the near and far terms, including some of its most anticipated projects along the booming U.S. Gulf Coast.
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