Thursday, June 09, 2011

LyondellBasell subsidiary inks agreement with BP for 200 miles of pipeline near Houston

Equistar Chemicals- a LyondellBasell subsidiary, has signed an agreement to purchase approximately 200 miles of pipeline near Houston from BP. The pipelines and metering stations comprise a Houston aarea olefins distribution system transporting ethylene and propylene production from Channelview, Texas to Equistar's storage terminal at Mont Belvieu, Texas and facilities in Deer Park, La Porteand the Bayport Industrial District in Pasadena, Texas.

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