LyondellBasell gives final green light to $2.4B chemical plant in Houston area

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LyondellBasell Industries NV (NYSE: LYB) announced July 21 it made the final investment decision to build the world’s largest propylene oxide and tertiary butyl alcohol plant in the Houston area. The $2.4 billion project will be the single-largest capital investment in the company’s history. It’s expected to create up to 2,500 jobs at the peak of construction and about 160 permanent jobs once the plant is operational. Front-end engineering design work is complete, and site preparation is…


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