Markets :: Basic Chemicals :: Petrochemicals :: Propylene oxide
LyondellBasell to Restart POSM Unit
3:03 PM MDT | August 13, 2009 | Lindsey Bewley
LyondellBasell says it will restart its propylene oxide-styrene monomer (POSM) unit at Channelview, TX in September due to increased demand for propylene oxide (PO) and its derivatives. The unit was temporarily idled in December 2008 due to declining market and economic conditions. “Market conditions for propylene oxide are improving and we have the available capacity to support the increased demand,” says Patrick Quarles, senior v.p./intermediates & derivatives at LyondellBasell. “Having three world-scale PO facilities in North America and...
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