LyondellBasell Third-Quarter Capex Down from Year Earlier, Ramps Up Gulf Coast Facilities

SUGAR LAND--October 28, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Capital expenditures by chemicals producer and oil refiner LyondellBasell Industries (NYSE:LYB) totaled $338 million in the third quarter, down $85 million from a year earlier, according to the company. A longer-than-anticipated ethylene plant turnaround and mechanical problems at the company's La Porte site in Texas had a significant impact on the quarterly results. Industrial Info is tracking 56 LyondellBasell projects, with a combined value of $3.29 billion. Within this article: LyondellBasell project updates, including a world-scale propylene oxide facility/tertiary butyl ether plant.