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25-493: The port sits adjacent to the Bayport Industrial District , a large complex of firms primarily involved in petroleum and petrochemical processing. The facilities at Bayport formerly included a cruise ship terminal, built at a cost of US$ 81 million. The terminal briefly saw use for cruises following Hurricane Ike when ships like Carnival Cruise Lines Ecstasy and Conquest were re-routed from

50-685: A $ 700 million polyethylene plant at the La Porte manufacturing complex on the Houston Ship Channel that would produce 1.1 billion pounds of polyethylene annually. The company started construction on a La Porte plant in May 2017. The company completed an expansion of its Corpus Christi ethylene plant in January 2017. The plant's capacity was increased by 50 percent to produce 2.5 billion pounds annually. That same year, Hurricane Harvey hit

75-777: A period of strong refining margins. LyondellBasell holds an annual Global Care Day. Company employees volunteer for community service projects in 20 countries. The American Chemistry Council recognized LyondellBasell with its Responsible Care Company of the Year award in 2014. In 2015, the American Heart Association recognized LyondellBasell's Cincinnati Technology Center with the Fit-Friendly Worksite Platinum Award. The Fit-Friendly program emphasizes employee health and company culture surrounding physical health. LyondellBasell

100-573: A resource management company. LyondellBasell and Odebrecht entered into exclusive talks for LYB to acquire control of Braskem in June 2018, but did not consummate the acquisition. During July 2018, LyondellBasell announced a partnership with Karlsruhe Institute of Technology (KIT) in Germany to advance chemical recycling of plastic materials and assist the global efforts towards the circular economy and plastic waste recycling needs. The focus of

125-713: Is a large commercial real-estate development located in Southeast Harris County, Texas , within the Bay Area of Greater Houston . It is one of the two industrial districts in the extraterritorial jurisdiction of La Porte (the other being the Battleground Industrial District). It is located adjacent to both La Porte and Seabrook, Texas . In 1965 the City of Pasadena and the City of Houston both annexed an area that included

150-603: Is a wholly owned subsidiary of Lyondell. Lyondell bought ARCO Chemical in 1998 for $ 5.6 billion including ARCO 's entire 82.2% ownership stake. In 2004, Lyondell purchased Millennium Chemicals in a stock-swap deal valued at $ 2.3 billion. In August 2006, Lyondell acquired Citgo's interest in the Lyondell-Citgo Refinery for $ 2.1 billion, and renamed the facility Houston Refining . Chemical maker Basell Polyolefins purchased Lyondell in December 2007, creating

175-656: Is an American multinational chemical company incorporated in the Netherlands with U.S. operations headquartered in Houston , Texas , and offices in London , UK . The company is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene , propylene , polyolefins , and oxyfuels. LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $ 12.7 billion. As of 2016, Lyondell

200-632: Is estimated to produce 1 billion pounds of propylene oxide and 2.2 billion pounds of tertiary butyl alcohol annually. LyondellBasell will export the majority of its products via the Houston Ship Channel. LyondellBasell also announced in September that it and its joint partner, Covestro , kicked-off a large investment project in Maasvlakte-Rotterdam, the Netherlands. The Circular Steam Project incorporates an innovative technology into

225-642: The Albemarle / Akzo Nobel site. Adjacent to the industrial complex is the new Bayport Terminal , which contains both a major new cargo container shipping terminal and a cruise ship terminal. This port is operated by the Port of Houston Authority. For a complete listing, see list of cities and towns in Houston–The Woodlands–Sugar Land MSA LyondellBasell LyondellBasell Industries N.V.

250-771: The Bayport Underwood plant. LyondellBasell acquired the compounding assets of Zylog Plastalloys, an India-based company, in November 2015. The acquisition made LyondellBasell the third largest poly (propylene) materials producer in India. In June 2016, LyondellBasell announced a factory in Northern China. It was the third facility for LyondellBasell to open in China, following Guangzhou and Suzhou . In September 2016, LyondellBasell announced that it would build

275-664: The Bayport complex. The development, created in 1970, is among the largest private industrial complexes in the United States. The leading center for chemical processing in the Houston area, Bayport contains more than 60 chemical plants. Businesses located in this district can receive tax incentives from Harris County , La Porte, and Pasadena. As of 2007 local business volume for Bayport-related enterprises exceeds $ 829 million annually with 11,000 jobs directly attributable to

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300-973: The ICIS Kavaler Award is selected by his/her peers — the senior executives of the ICIS Top 40 Power Players listing, a global ranking of the leaders making the greatest positive impact on their companies and the chemical industry published in ICIS Chemical Business magazine. LyondellBasell's, among other petrochemical facilities at Berre-L'Étang , France, are regularly criticized in the French media and by local authorities for their large-scale flaring activities generating, among other nuisances, giant smoke plumes with lengths reaching dozens of miles. The concomitant atmospheric pollution includes organic chemical compounds such as carcinogenic benzene , butadiene and toluene . Not only

325-434: The United States and affected the company's Texas Gulf Coast operations. The Houston Ship Channel was temporarily closed, which prevented crude tankers from reaching refineries. The La Porte facility was damaged but came back online in late October. In December 2017, LyondellBasell partnered with Suez , a French water and waste management company, in the first joint venture between a major plastics and chemicals company and

350-634: The complex. Additionally the Bay Area Houston Economic Partnership estimates that for every job created within the complex approximately 3.79 related jobs are created on average outside the district. Thus the district represents a key economic pillar of the communities in the area. Major facilities in the district include the LyondellBasell site, the Celanese / Air Products / Clariant / Dow / Arkema site, and

375-466: The damaged Port of Galveston to Bayport for nearly two months. Bayport Cruise Terminal was a planned port of call for both Princess Cruises and Norwegian Cruise Line in 2013-2014. The cruise ships have since abandoned the terminal and the Port of Houston has dismantled the gangways. The Bayport Terminal was controversial since before its construction due to concerns raised about environmental impact and

400-530: The existing production plant, to convert its water-based waste into energy and is an important contribution to the Dutch government's CO 2 reduction targets. In December 2023, LyondellBasell sold its ethylene oxide and derivatives business to INEOS for $ 700 million. In April of 2022, LyondellBasell announced plans to shutter its Houston refinery by the end of 2023, following two failed attempts to sell it. These plans were later pushed back to Q1 2025 due to

425-494: The general suitability of the site. The United States Army Corps of Engineers approved the permit, but stated in the Environmental Impact Statement that unavoidable impacts of increased noise in the area, increased levels of nitrous oxides , sulfur dioxide, carbon dioxide, and cancer causing particulate matter would be emitted by the terminal. Homes are within 600 feet (180 m) of the docks. Due to

450-577: The mayor of Shoreacres published a letter to the community raising concerns about the scope of the easement and rights residents might be waiving by accepting it. That same year residents of Shoreacres filed suit against the Port of Houston Authority for damages. For a complete listing, see list of cities and towns in Houston–The Woodlands–Sugar Land MSA Bayport Industrial District The Bayport Industrial District

475-600: The new company LyondellBasell Industries AF S.C.A., one of the largest chemical companies in the world at that time. It was owned by Access Industries , a privately held, U.S.-based industrial group. LyondellBasell is the third largest independent chemical manufacturer in the world and is headquartered in Houston and Rotterdam . LyondellBasell's United States operations filed for Chapter 11 bankruptcy protection in January 2009, and emerged from bankruptcy in April 2010. Its former parent company, LyondellBasell Industries AF S.C.A.

500-502: The prevailing southeast wind and the proximity of the residents, the Corps of Engineers recommended a 30-foot (9.1 m) sound wall to block sound levels that they estimated to be as high as 70 dBA (as of 2010 the terminal was only approximately 30% in operation yet produced levels of 65 dBA). The Port of Houston approached residents who are affected by the pollution and noise and has attempted to buy an easement from these residents. In 2010,

525-511: The site of Bayport resulting in a lawsuit between Pasadena and City of Houston. Houston was joined by Harris County and Humble Oil & Refining Company in the lawsuit. In 1969 the Supreme Court of Texas reversed lower court rulings that had sustained Houston's motion for summary judgment and upheld the validity of Pasadena's 1965 annexation of the disputed territory. In 1970 the City of Pasadena created an industrial district that included

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550-487: The venture is to develop a new catalyst and process technology to decompose post-consumer plastic waste, such as packaging, into monomers for reuse in polymerization processes. In August 2018, LyondellBasell finalized their acquisition of A. Schulman Inc. in a $ 2.25 billion deal. That same month, it broke ground on the world's largest propylene oxide and tertiary butyl alcohol plant in Channelview, Texas. The plant

575-490: Was named #2 on the list of Top 25 Foreign-owned Chemical Producers by Chemical & Engineering News in both 2015 and 2016. In 2016, Houston Business Journal recognized LyondellBasell as the third largest Houston-based public company. In 2018, LyondellBasell was named to Fortune Magazine's list of the World's Most Admired Companies. Additionally, Bob Patel received the 2018 ICIS Kavaler Award in September. The winner of

600-523: Was replaced by LyondellBasell Industries N.V. It was listed on the New York Stock Exchange on October 14, 2010. In 2012, 1 Houston Center , the building housing LyondellBasell's Houston headquarters since 1986, was renamed LyondellBasell Tower. In 2014, LyondellBasell announced that it was installing two large cracking furnaces at its Channelview plant, and the following year the company announced it would double production capacity at

625-605: Was the third largest independent chemical manufacturer in the United States . Since its establishment in 1985 from facilities belonging to the Atlantic Richfield Company ( ARCO ), the company grew through stock swaps with Occidental Chemicals and Millennium Chemicals in 1997, which formed Equistar Chemicals of which each entity were partners. Lyondell purchased the outstanding shares from each of its partners to gain total control of Equistar which

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