Shell, LyondellBasell Among Chemical, LNG Companies on Gulf Coast to See COVID-19 Delays
Attachment: COVID040120
SUGAR LAND--April 1, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Chemical and liquefied natural gas (LNG) producers along the U.S. Gulf Coast have seen their accelerated growth of the past few years come to a screeching halt amid the COVID-19 pandemic. Projects ranging from ambitious, big-ticket grassroot plans to routine maintenance turnarounds are facing delays--or, should the pandemic stick around long enough, outright cancellations. Industrial Info is tracking about $260 billion in active projects worldwide that have been affected by COVID-19, more than $43 billion of which is attributed to projects in Texas and Louisiana.
Within this article: Details on some of the highest-profile chemical and LNG projects along the Texas and Louisiana Gulf Coast that are facing delays, including those from major companies such as OCI Beaumont LLC, CF Industries Holdings Incorporated (NYSE:CF), Arkema Group, LyondellBasell Industries NV (NYSE:LYB), Chemtrade Logistics Incorporated CNX Coal Resources LP (NYSE:CNXC) and OMNIS Bailey LLC.
