January 5, 2026–Written by Will Ploch, Assistant Editor-in-Chief for IIR News (Sugar Land, Texas)–The U.S. petrochemical sector endured a rough 2025, with prices pushed downward by weak demand, oversupply, lower energy costs and persistent trade uncertainty. Producers aim to keep their existing units in the best shape in the current market.
Industrial Info is tracking more than $480 million worth of maintenance-related projects at chemical-processing plants across the U.S. that are set to begin in the first quarter, with the heaviest investments from companies such as BASF SE, LyondellBasell Industries and Chevron Phillips Chemical Company LP.
Other companies featured: Chevron Corporation, Phillips 66, Enterprise Products Partners LP and Koch Industries Incorporated
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