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class="entry-categories-inner"><span class="entry-categories-label">in</span> <a href="https://allstreaminsiders.com/category/downstream-news/" class="entry-category entry-category-item-39"><span itemprop="articleSection">Downstream News</span></a></span></span> </div> <h1 class="g1-mega g1-mega-1st entry-title" itemprop="headline">LyondellBasell Targets 2026 for Final Investment Decision on New US Chemical Recycling Facility</h1> <h2 class="entry-subtitle g1-gamma g1-gamma-3rd">LyondellBasell Targets 2026 for Final Investment Decision on New US Chemical Recycling Facility</h2> <p class="g1-meta g1-meta-m entry-meta entry-meta-m"> <span class="entry-byline entry-byline-m entry-byline-with-avatar"> <span class="entry-author" itemscope="" itemprop="author" itemtype="http://schema.org/Person"> <span class="entry-meta-label">by</span> <a href="https://allstreaminsiders.com/author/jonathan/" title="Posts by jonathan" rel="author"> <img alt='' 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https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant-265x149.jpg 265w, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant-531x299.jpg 531w, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant-608x342.jpg 608w, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant-1152x648.jpg 1152w, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant-85x48.jpg 85w, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant-171x96.jpg 171w, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant.jpg 1200w" sizes="(max-width: 758px) 100vw, 758px" /><span class="g1-frame-icon g1-frame-icon-"></span></div></div><meta itemprop="url" content="https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-LyondellBasell-may-make-2026-FID-on-US-chemical-recycling-plant.jpg" /><meta itemprop="width" content="1200" /><meta itemprop="height" content="675" /></div> <div class="g1-content-narrow g1-typography-xl entry-content" itemprop="articleBody" > <p>LyondellBasell is considering a final investment decision (FID) in 2026 for a new chemical recycling plant in the US, potentially at its Houston refinery site. CEO Peter Vanacker shared this timeline during the company鈥檚 latest earnings call, marking a significant step in the company鈥檚 sustainability strategy.</p> <p>The proposed plant would use LyondellBasell鈥檚 proprietary MoReTec technology, capable of producing 100,000 tonnes per year of cracker feedstock. This advanced process technology enables the chemical recycling of hard-to-recycle plastics, converting them into valuable raw materials that can be further processed into new plastics and chemicals. If approved, the plant would be part of a broader project aimed at converting the Houston refinery into a sustainability hub.</p> <p><strong>Integrating Sustainability at the Houston Refinery</strong><br /> The Houston refinery would undergo significant retrofits as part of this project. Existing hydrotreaters could be upgraded to process feedstock from the MoReTec unit and third-party recycling plants. The resulting feedstock would be sent by pipeline to LyondellBasell鈥檚 nearby Channelview operations, where it would be processed into olefins. These olefins could then be polymerized to produce circular polyolefins, marketed under LyondellBasell鈥檚 CirculenRevive brand.</p><div class="adace-slot-wrapper adace-after-paragraph adace-align-center adace-slot-wrapper-main" style="text-align:center;"> <div class="adace-disclaimer"> </div> <div class="adace-slot"> <div class="adace_ad_6750b2c092b28 adace-dont-remove"> <a href="https://getzevac.com/" class="" target="_blank" rel="nofollow noopener"> <img src="https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-ADS-Zevac-2024-Solutions.gif" srcset="https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-ADS-Zevac-2024-Solutions.gif 2x, https://allstreaminsiders.com/wp-content/uploads/2024/11/Allstream-Insiders-ADS-Zevac-2024-Solutions.gif 1x" width="400" height="400" alt="" /> </a> </div> </div> </div> <p>The refinery could also be modified to process renewable materials into distillates and feedstock, which could be used in the company鈥檚 crackers. The resulting polymers would be sold under the CirculenRenew brand, reinforcing LyondellBasell鈥檚 commitment to expanding its sustainable product portfolio.</p> <p><strong>Renewable Feedstocks and Hydrogen Integration</strong><br /> While LyondellBasell has not specified the sources of renewable feedstock, one potential supplier is the storage and logistics hub in Harvey, Louisiana. Developed by Kinder Morgan and Neste, the hub collects used cooking oil and other renewable materials, which could be utilized in the Houston refinery鈥檚 processes.</p> <p>In terms of hydrogen, necessary for upgrading recycled and renewable feedstock, LyondellBasell is part of a consortium with Air Liquide, Chevron, and Uniper evaluating Gulf Coast sites for a hydrogen and ammonia project. The Houston refinery is the leading candidate. Additional hydrogen could come from the proposed Houston HyVelocity Hub, part of the Department of Energy鈥檚 Regional Clean Hydrogen Hubs program.</p> <p><strong>Global Expansion with German Facility</strong><br /> In addition to the US plans, LyondellBasell began construction on its MoReTec 1 chemical recycling plant in Wesseling, Germany, in September. This facility, with a capacity of 50,000 tonnes per year, is expected to be operational by 2026. The plant boasts a plastic-to-plastic yield of over 80% and will operate entirely on renewable power, further advancing LyondellBasell鈥檚 sustainability efforts.</p> <p><strong>Moving Forward</strong><br /> With the potential FID in 2026, LyondellBasell鈥檚 Houston facility could play a key role in the company鈥檚 transition toward a more circular economy. By integrating cutting-edge recycling technology and renewable energy sources, LyondellBasell is positioning itself as a leader in sustainable chemical production.</p> <p>Source: <a href="https://www.icis.com/explore/resources/news/2024/11/01/11046565/lyondellbasell-may-make-2026-fid-on-us-chemical-recycling-plant/" target="_blank" rel="nofollow noopener">ICIS</a></p> <div class="adace-slot-wrapper adace-after-content adace-align-center adace-slot-wrapper-main" style="text-align:center;"> <div class="adace-disclaimer"> </div> <div class="adace-slot"> <div class="adace_ad_6750b2c0936b7 adace-dont-remove"> <a href="https://dfipiling.com?utm_source=allstreaminsiders&utm_medium=leaderboard-home" class="" target="_blank" rel="nofollow noopener"> <img src="https://allstreaminsiders.com/wp-content/uploads/2024/10/DFI-Leaderboard-728x90-1.png" srcset="https://allstreaminsiders.com/wp-content/uploads/2024/10/DFI-Leaderboard-728x90@2x.png 2x, 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g1-frame-icon-"></span></div></a></div> <div class="entry-body"> <header class="entry-header"> <div class="entry-before-title"> </div> <h3 class="g1-gamma g1-gamma-1st entry-title"><a href="https://allstreaminsiders.com/japanese-chemical-company-ube-announces-500-million-investment-to-build-louisiana-facility/" rel="bookmark">Japanese Chemical Company UBE Announces $500 Million Investment to Build Louisiana Facility</a></h3> </header> <footer> <p class="g1-meta entry-meta entry-byline entry-byline-with-avatar"> <span class="entry-author"> <span class="entry-meta-label">by</span> <a href="https://allstreaminsiders.com/author/estefany/" title="Posts by Estefany Ariza" rel="author"> <img alt='' src='https://secure.gravatar.com/avatar/d8a45d8c5965e4cd6643732b5af5643d?s=30&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/d8a45d8c5965e4cd6643732b5af5643d?s=60&d=mm&r=g 2x' class='avatar avatar-30 photo' height='30' width='30' decoding='async'/> <strong>Estefany Ariza</strong> </a> </span> 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entry-title"><a href="https://allstreaminsiders.com/neste-alterra-and-technip-energies-join-forces-to-create-a-streamlined-solution/" rel="bookmark">Neste, Alterra, and Technip Energies Join Forces to Create a Streamlined Solution</a></h3> </header> <footer> <p class="g1-meta entry-meta entry-byline entry-byline-with-avatar"> <span class="entry-author"> <span class="entry-meta-label">by</span> <a href="https://allstreaminsiders.com/author/jonathan/" title="Posts by jonathan" rel="author"> <img alt='' src='https://secure.gravatar.com/avatar/9559664cf177183ffd3aaa3e2946bb57?s=30&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/9559664cf177183ffd3aaa3e2946bb57?s=60&d=mm&r=g 2x' class='avatar avatar-30 photo' height='30' width='30' decoding='async'/> <strong>jonathan</strong> </a> </span> <time class="entry-date" datetime="2024-11-04T15:11:32-06:00">November 4, 2024, 3:11 pm</time> </p> </footer> </div> </article> </li> </ul> </div> </div> </aside> <div class="g1-advertisement 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