LyondellBasell To Purchase Olefins Pipeline System

July 2011, Vol. 238 No. 7

LyondellBasell has signed an agreement to purchase 200 miles of pipeline near Houston from BP by its Equistar Chemicals LP subsidiary.

The pipelines and metering stations comprise a Houston-area olefins distribution system transporting ethylene and propylene production from Channelview to Equistar’s storage terminal at Mont Belvieu and facilities in Deer Park, La Porte and the Bayport Industrial District in Pasadena. The purchase also includes a natural gas liquids (NGL) feedstock supply line into Channelview.