LyondellBasell

Automotive slowdown due to Covid-19 batters petrochemical industry

Apr 21, 2020

The downturn of the North American automotive and auto parts industries due to the Covid-19 pandemic that shut down dealerships has dried demand for over a dozen chemical intermediate products.

Resin prices see January rise but Covid-19 clouds outlook

Feb 26, 2020

Demand worldwide for North American resins would be threatened if the Covid-19 virus spread were to turn into a pandemic.

Gulf Coast petrochemical industry joins efforts to secure adequate workforce

Feb 12, 2020

Faced with an aging workforce where 40% could retire within a decade, companies have contributed to help make a new $60-million training facility possible.

US downstream aims to create sustainable future for plastics with circular economy

Sep 16, 2019

Plastic remains the world’s packaging material of choice. Roughly a third of the 350 million tonnes produced globally is used in packaging applications. But as public perception shifts and the issue gets pushed up the political agenda, the tide is turning for...

Positive US earnings spur second wave project decisions

Aug 10, 2017

Several U.S. chemical companies grew at a double-digit rate for the last two consecutive quarters, the first time since 2011, and this growth is spurring key decisions on second wave construction plans, analysts told Petrochemical Update.

LyondellBasell’s $2.4bn Texas chemical plant signals sustained export demand

Jul 27, 2017

LyondellBasell’s decision to move forward with its $2.4 billion (bn) propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area signals a continuation of the petrochemical boom on the U.S. Gulf Coast driven by regional feedstock advantage...

Ascend shelves PDH project; Polyethylene market faces oversupply

May 19, 2016

Petrochemicals news you need to know.

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