Groundbreaking held for mega chemical plant
Tyre manufacturers in the USA will benefit from the construction of what is said to be largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant ever built. Plastics, chemicals and refining company LyondellBasell broke ground on its new facility in Texas yesterday and will invest US$2.4 billion – the largest single capital investment in the firm’s history – to set up a plant capable of producing 470,000 tonnes of PO and a million tonnes of TBA per annum. The plant is expected to enter operation in 2021.