Friends of Manufacturing

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.

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