HOUSTON Reuters - Officials from independent US. Reuters LyondellBasell Industries returned its 260 Mbpd Houston refinery to normal operations Wednesday one day after a power interruption on a unit cut production in half sources familiar with plant operations said.
Lyondellbasell Houston Refinery Making Profit Again But Still Up For Sale Bic Magazine
NYSELYB expects to sell its Houston refinery in the coming quarter or two.
Lyondellbasell refinery houston. Photo courtesy of LyondellBasell. Plastics chemicals and refining company LyondellBasell Industries NV. Contents 1 History 2 Products 21 Capacity 3 References History.
LyondellBasells Houston Refinery is one of the longest operating refineries in the Greater Houston area and is a testament to the rich history of oil and gas that built our economy said Pasadena Mayor Jeff Wagner. LYB today announced that the Board of Directors has appointed Peter Vanacker President and CEO of Neste Corporation as its new Chief Executive OfficerMr. LyondellBasell LYB is planning to divest its Houston refinery and believes that the facility will gain from the move in the long run.
LyondellBasell noted that despite the refinery being a well-performing asset its divestment will prove to be beneficial as the facility will become part of a larger refinery. The company in the. The Houston refinery was once considered an essential source of feedstock for the companys chemical plants but that changed following Basells purchase of Lyondell in 2007 and the companys emergence from bankruptcy in 2010.
Said Chief Executive Officer Bob Patel during a conference on October 29 2021 call with Wall Street analysts. The sites impact over the last century is truly immeasurable. LyondellBasell LYB Considers Divestment of Houston.
Vanacker succeeds Bhavesh V. LyondellBasell subsidiary Houston Refining LP operates the 268000-barrels-per-day-capacity refinery which dates back to 1918. LyondellBasell based in Houston Texas USA is one of the largest plastics chemicals and refining companies in the world.
LyondellBasell is a big buyer of Mexicos Maya crude for its Houston refinery importing on average over 75000 bd in 2020 according to the Energy Information Administration making it sensitive tothe light-heavy crude spread. Assistant managing editor Houston Business Journal. LyondellBasell Industries NV.
Kenneth Lane Executive Vice President Global Olefins Polyolefins Will Serve as Interim CEO During Transition Period. Houston Refining formerly known as Lyondell-Citgo Refining or LCR is a 270200-barrel-per-day 42960 m 3 d July 2007 refinery located on the Texas Gulf Coast in Houston covering nearly 700 acres 28 km 2 along the Houston Ship Channel. HOUSTON Oct 29 Reuters - Lyondell Basell Industries LYBN expects to sell its 263776 barrel-per-day bpd Houston refinery in the coming quarter.
A floating chemical tank roof collapsed at LyondellBasells refinery in Houston US causing the release of carbon disulphide dimethyl disulphide and methyl ethyl disulphide. HOUSTON and LONDON Dec. The sources said the refinerys output had been at full capacity when the sulfur recovery.
LyondellBasell announced it is weighing strategic options for its Gulf Coast-based Refining Segment including a potential sale. LYB has selected its. 13 2021 PRNewswire -- LyondellBasell NYSE.
Refiner PBF Energy last week toured LyondellBasell Industries Houston refinery which went up for sale in September people familiar with the. The Houston refinery was once considered an essential source of feedstock for the companys chemical plants but that changed following Basells purchase of Lyondell in 2007 and the companys emergence from bankruptcy in 2010. In a statement to Houston Public Media LyondellBasell said that the roof had failed due to heavy rains.
The chemical maker said on September 8 2021 it was considering strategic options for the refinery located on the Houston. The Houston refinery was once considered an essential source of feedstock for the companys chemical plants but that changed following Basells purchase of Lyondell in. While the Houston Refinery is a valuable well-performing asset we have long held the belief that it may be even more valuable as part of a larger refining system said Bob Patel CEO of LyondellBasell.
By Olivia Pulsinelli. LyondellBasell subsidiary Houston Refining LP operates the 268000-barrels-per-day-capacity refinery which dates back to 1918.
Part Of The Lyondellbasell Oil Refinery Is Pictured After A Press Conference By Canada S Minister Of Natural Resources Joe Oliver In Houston Texas March 6 2013 Lyondellbasell Industries Nv S 268 000 Barrel Per Day Bpd