Zimbabwe large crude unit shut at lyondell oil refinery

LyondellBasell announces delay in refining business exit

  • Zimbabwe large crude unit shut at lyondell oil refinery
  • Zimbabwe large crude unit shut at lyondell oil refinery
  • Zimbabwe large crude unit shut at lyondell oil refinery
  • Zimbabwe large crude unit shut at lyondell oil refinery

Lyondell begins repairs on large coker at Houston refinery

Lyondell Houston refinery shuts large crude unit due to

Lyondell's Houston Refinery to Operate at 80% Capacity in Q4

LyondellBasell to close its Houston refinery

  • Will LyondellBasell close its Houston refinery?
  • In a move that will cut carbon dioxide emissions and focus the company on petrochemicals and plastics, LyondellBasell Industries will close its Houston refinery by the end of next year. The century-old refinery has the capacity to refine 268,000 barrels per day of heavy, high-sulfur crude oil into fuels, chemical feedstocks, and aromatics.
  • Is Lyondell a Refining Company?
  • Lyondell announced in September that the complex was for sale and says it would still consider a transaction. The firm took an impairment charge of $624 million in 2021 related to the sale decision. The refinery was built by Sinclair Refining in 1918 and has been with Lyondell since the company spun off from Atlantic Richfield in 1989.
  • When will LyondellBasell's refining business exit be delayed?
  • HOUSTON, May 31, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced plans to delay its refining business exit from year-end 2023 to no later than the end of the first quarter 2025. Favorable inspections and consistent performance have given the company confidence to continue safe and reliable operations at the Houston site.
  • Will LyondellBasell reopen in 2023?
  • Favorable inspections and consistent performance have given the company confidence to continue safe and reliable operations at the Houston site. LyondellBasell anticipates moderate maintenance spend to support this extension in 2023 and 2024 but remains committed to ceasing operation of its oil refining business.

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