The chemical maker said on September 8 2021 it was considering strategic options for the refinery located on the Houston. While the Houston Refinery is a valuable well-performing asset we have long held the belief that it may.
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The company confirmed the contents of an email seen by Reuters in which executive vice president Torkel Rhenman said Lyondell wants a reduction of approximately 10 of the refinery population.
Lyondellbasell houston refinery. Vanacker succeeds Bhavesh V. LyondellBasell announced it is weighing strategic options for its US. 13 2021 PRNewswire -- LyondellBasell NYSE.
LyondellBasell based in Houston Texas USA is one of the largest plastics chemicals and refining companies in the world. HOUSTON Reuters - Officials from independent US. Refiner PBF Energy last week toured LyondellBasell Industries Houston refinery which went.
Said Chief Executive Officer Bob Patel during a conference on October 29 2021 call with Wall Street analysts. LYB today announced that the Board of Directors has appointed Peter Vanacker President and CEO of Neste Corporation as its new Chief Executive Officer. Phillips 66 announced it would convert its Alliance Refinery in Belle Chasse Louisiana into an oil storage and export facility instead of selling it.
LyondellBasell Industries said on Tuesday Sep 22 that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemicThe company confirmed the. HOUSTON ICIS--LyondellBasell expects to run its refinery in Houston at 80 of its throughput capacity during the first quarter the same rate as the fourth quarter the CEO said on Friday. The Houston Refinery was one of the first petroleum refineries constructed on the Houston Ship Channel and traces.
The company in the. HOUSTON Reuters -Lyondell Basell Industries expects to sell its Houston refinery in the coming quarter or two said Chief Executive Bob Patel during a. HOUSTON and LONDON Dec.
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. Bob Patel who will retire from the Company on December 31 2021 as previously announced. 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.
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. Pemex as the company is known has requested about 16 billion to acquire the Houston-area refinery including a capitalization from. 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.
NYSELYB expects to sell its Houston refinery in the coming quarter or two. LyondellBasell subsidiary Houston Refining LP operates the 268000-barrels-per-day-capacity refinery which dates back to 1918. Gulf Coast-based Refining Segment including a potential sale.
Units across the 700-acre complex can refine very heavy high-sulfur. LyondellBasells Houston Refinery is one of the largest refineries in the US with a rated capacity to transform 268000 barrels per day of crude oil into high-value transportation fuels such as reformulated gasoline ultra-low sulfur diesel and jet fuel as well as other products including lubricants chemical intermediates and petroleum coke. LyondellBasell Industries announced that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic.
HOUSTON Oct 29 Reuters - Lyondell Basell Industries LYBN expects to sell its 263776 barrel-per-day bpd Houston refinery in the coming quarter or two said Chief Executive Bob Patel during. During the fourth quarter the refinery processed an average of 214000 bblday of oil said Bob Patel CEO. LyondellBasell Industries NV.
LyondellBasells Houston Refinery has a rated capacity of 268000 barrels per day of crude oil which is transformed into reformulated gasoline and ultra-low-sulfur diesel as well as other high-value products such as jet fuel aromatics lubricants and petroleum coke. 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.
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