Abstract
A commodity chemical building boom may be in store for the US Gulf Coast. Ineos says it is evaluating sites for a world-scale acetic acid and derivatives plant in the region. The firm, which expects to make a final investment decision by the end of 2023, says the region offers competitively priced feedstocks, among other advantages. Ineos says it is not proceeding with a plant for the acetic acid derivative vinyl acetate at its site in Hull, England, because of a “volatile and uncompetitive energy costs outlook.” Separately, an application for property tax breaks filed with local authorities shows that LyondellBasell Industries is planning a polyethylene plant for its complex at Corpus Christi, Texas. And according to similar state property tax documents, Occidental Chemical plans to invest in its chlor-alkali complex in Deer Park, Texas. The company says the project will boost chlorine and caustic soda output while lowering the
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