Olefins
LyondellBasell beats Q4 profit estimates as lower ethane costs benefit
LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.
Borouge 4 construction surpasses 50% completion milestone
Borouge announced that the Borouge 4 project, one of the largest industrial projects underway in the UAE, is over 50% complete.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
