Workflow
LyondellBasell approves propylene expansion project
LYBLyondellBasell(LYB) GlobeNewswire·2025-03-03 11:30

Houston, March 03, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced an investment to expand propylene production capacity at its Channelview Complex near Houston. Groundbreaking and construction are expected to begin in the third quarter of 2025, with a projected startup in late 2028. The unit will have an annual propylene production capacity of approximately 400 thousand metric tons, employ 750 people during peak construction and is expected to add 25 permanent jobs.“This capacity expan ...