MOSCOW (MRC) -- Lyondell Basell Industries Houston refinery's production continues to run at about 14% below its 263,776 barrel-per-day capacity due to shipping limitations on the Houston Ship Channel, reported Reuters with reference to Hysaid Gulf Coast market sources.
The lack of shipping prevents Lyondell from removing sulfur made as a byproduct of gasoline production at the refinery, the sources said. The refinery has limited storage capacity on-site.
As MRC wrote previously, in September 2016, LyondellBasell selected its La Porte, Texas, manufacturing complex as the site for a new high density polyethylene (HDPE) plant. The plant will be the first commercial plant to employ LyondellBasell's new proprietary Hyperzone PE technology and will have an annual capacity of 1.1 billion pounds (500,000 metric tons). Construction began in early 2017 with start-up planned for 2019.
LyondellBasell is one of the world's largest plastics, chemical and refining companies. The company manufactures products at 57 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies.
MRC