SOURCE: Industrial Info Resources

Industrial Info Resources

October 28, 2014 06:15 ET

LyondellBasell Third-Quarter Capex Down From Year Earlier, Ramps Up Gulf Coast Facilities, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 28, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Capital expenditures by chemicals producer and oil refiner LyondellBasell Industries (NYSE:LYB) totaled $338 million in the third quarter, down $85 million from a year earlier, according to the company. A longer-than-anticipated ethylene plant turnaround and mechanical problems at the company's La Porte site in Texas had a significant impact on the quarterly results. Industrial Info is tracking 56 LyondellBasell projects, with a combined value of $3.29 billion.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Contact Information

  • Contact:
    William Ploch