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

Oktober 28 10:15 2014

SUGAR LAND, TX — (Marketwired) — 10/28/14 — Researched by Industrial Info Resources (Sugar Land, Texas) — Capital expenditures by producer and oil 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.

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