NavigatIIR: LyondellBasell Slowly Resumes Work on Texas PO/TBA Project

SUGAR LAND--November 23, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Like other chemical and refining companies, LyondellBasell Industries NV (NYSE:LYB) (Houston, Texas) has been jolted this year by the COVID-19 pandemic and its economic fallout. Industrial Info is tracking $5.35 billion in active capital-spending projects by LyondellBasell, including its $1.9 billion propylene oxide and tertiary butyl alcohol (PO/TBA) unit addition at its olefins facility in Channelview, Texas, which is now expected to be completed a year later than originally planned due to the pandemic. Within this article: Status of PTO/TBA project