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The fully integrated site has access to cost advantaged US energy, feedstocks and logistics.
December 20, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
INEOS announced an agreement with LyondellBasell to buy its Ethylene Oxide and Derivatives business including the Bayport Underwood site in Texas. The deal includes the 420 kt ethylene oxide plant, the 375 kt ethylene glycols plant and the 165kt glycol ethers plant together with all associated third-party business on the site, for $700 million. Ethylene oxide plays an essential role in the day-to-day life of millions of people. It is a key raw material used in large-scale chemical production ...
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