Enterprise Products Partners LP (NYSE: EPD) is moving forward with a $1.23 billion Houston-area expansion project after inking a deal with LyondellBasell Industries NV (NYSE: LYB), the latest in the Houston companies’ nearly 30-year relationship.
The companies executed long-term contracts that support construction of Enterprise’s second propane dehydrogenation plant, or PDH 2, at Enterprise’s complex in the Mont Belvieu area, according to a Sept. 26 press release.
PDH 2 is expected to begin…



