LyondellBasell to Downsize Capex as Key PE Project is Commissioned

SUGAR LAND--November 20, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--With its 1.1 billion-pound-per-year Hyperzone 1 polyethylene unit addition in La Porte, Texas, now in commissioning, LyondellBasell Industries NV (NYSE:LYB) (Houston, Texas) expects to pare down growth capital expenditures in 2020. Even so, work is continuing on other projects, including a massive propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in Channelview, Texas. Within this article: LyondellBasell PO/TBA project in Channelview, Texas.