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HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations ...
Operating as Houston Refining, LP, LyondellBasell's Houston refinery is a 268,000-barrel-per-day (42,600 m 3 /d) refinery located on the Texas Gulf Coast in Houston that occupies 700 acres (2.8 km 2) along the Houston Ship Channel.
Lyondell acquires CITGO’s 41.25 percent ownership interest in LCR. As a result of this transaction, Houston Refining LP(formerly LCR) becomes a wholly owned subsidiary of Lyondell. 2007: Basell and Lyondell merge to become LyondellBasell Industries - one of the world's largest polymers, chemicals and fuels companies. 2008
Facility in Houston. LyondellBasell's United States operations filed for Chapter 11 bankruptcy protection in January 2009, and emerged from bankruptcy in April 2010. [11] Its former parent company, LyondellBasell Industries AF S.C.A. was replaced by LyondellBasell Industries N.V. [12] It was listed on the New York Stock Exchange on October 14, 2010.
“Identified items” include adjustments for lower of cost or market (“LCM”), gain on sale of business, impairments in excess of $10 million in aggregate for the period and refinery exit costs. LyondellBasell Industries (NYSE: LYB) (the "company") today announced net income for the third quarter 2024 of $573 million, or $1.75 per diluted ...
The board convened in September of that year in Houston, in part because the Houston area had been home to large-scale disasters like the one in 1990. [22] Since then, the next biggest industrial disaster to occur in the Greater Houston area was the 2005 Texas City refinery explosion , [ 23 ] which killed 15 people and injured 180.
The Houston plant was authorized in 1942 as part of the United States Rubber Reserve Program, [2] and opened in 1944 operated by Sinclair Rubber. It was subsequently purchased by a joint venture of Tenneco and FMC Corporation in 1955, and the joint venture was named Petro-Tex Chemical Corporation, also known as PTC Corporation, until sold to Texas Olefins in 1984.
HOUSTON (Reuters) -Two people were killed in a chemical release at Pemex's 312,500-barrel-per-day (bpd) Deer Park oil refinery in Texas, the county sheriff said. Up to 35 people at the refinery ...