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LyondellBasell Plans U.S. Ethylene Expansion and Asia PO Unit

1:27 PM MST | December 9, 2011 | Lindsey Bewley

LyondellBasell announced several U.S. investments to capitalize on swelling supplies and falling prices for natural gas-based feedstocks in North America at its annual investor meeting held last week in New York. The company also announced plans for a propylene oxide (PO)/tertiary butyl alcohol (TBA) plant in China, and expansion of butadiene capacity in Germany. LyondellBasell will spend nearly $1 billion on capital investments over the next few years....

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