LyondellBasell Breaks Ground on Texas PE Project
LyondellBasell said Monday that it has begun construction on the first Hyperzone polyethylene (PE) plant at its complex in La Porte, Texas.
"Today represents the launch of our latest innovation in plastics technology," LyondellBasell CEO Bob Patel stated in a press release. "The new Hyperzone PE plant will produce a better plastic that advances solutions to modern challenges, like protecting the purity of water supplies through stronger and more versatile pipes and ensuring the freshness of bulk foods by providing tough, crack-resistant containers for storage. This is truly a global effort developed by an international team, built to serve worldwide markets."
According to LyondellBasell, the project will create up to 1,000 jobs at the peak of construction and 75 permanent positions during operations. Created by LyondellBasell research and development teams in Italy, Germany and the U.S., Hyperzone PE technology facilitates the production of cost-effective, lightweight plastics that are strong, durable and recyclable, the company stated. In addition, the technology reportedly enables the manufacture of a broad spectrum of high density PE (HDPE) products in just one plant rather than multiple plants.
LyondellBasell said the new Hyperzone plant will more than double the LaPorte Complex's annual PE capacity to 2 billion pounds (900,000 metric tons). The company anticipates a 2019 startup, and it plans to make the PE process technology available for licensing in the future.
Separately, LyondellBasell said that development of a world-scale propylene oxide and tertiary butyl alcohol (PO/TBA) plant at its Channelview, Texas, site is progressing. The company anticipates a final investment decision for the PO/TBA project in the second half of this year.
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