Lyondell Houston Refinery, The closure highlights a shifting refin

  • Lyondell Houston Refinery, The closure highlights a shifting refining landscape as gasoline demand wanes, leading to more plant closures in the coming years. , with a rated capacity to transform 268,000 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. headquarters, supporting leadership, innovation, and operations across North America. Last month, rival U. Reuters reported on Feb. The . ) refinery, people familiar with plant operations said on Friday. LyondellBasell plans to shut down its Houston Refinery by the end of the first quarter of 2025, resulting in over 400 layoffs. BASF Geismar Bayway Basell Advanc. LyondellBasell's Houston Refinery stopped producing in early 2025. Lyondell Basell Industries permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company’s chief executive during a Friday conference call. The news comes a little more than a month after the Houston-based The chemical company had originally planned to exit the refining business and close its Houston location in 2023, but ultimately delayed the closure until the first quarter of 2025. Learn what it is like working at LyondellBasell and how we encourage innovation and employee well-being. is planning to expand its propylene production capacity at its Channelview, Texas, petrochemical complex to enhance market penetration with additional output. LyondellBasell’s Houston Refinery has a rated capacity of 268,000 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. Chemical producer LyondellBasell Industries said on Friday its Houston refinery would be a better fit with a larger oil processing company and that a sales effort continues. Alternatives under consideration include development of commercial-scale chemical recycling infrastructure with the company's proprietary MoReTec technology. refiners Phillips 66 and Valero Energy announced plans to close on California refinery and put two others under review for possible closure in that state. Lyondell Basell Industries' will lay off 345 workers, or 86% of the workforce, at its shuttered Houston refinery on April 17, according to a filing with the Texas Workforce Commission. Polyolefins Axelson Colorado Springs LCC - Aztec LCC - Baker Petrolite Lyondell Chemie Nederland B. LyondellBasell creates solutions for everyday sustainable living as the global chemical industry leader & leading polymer producer. PO Bangkok Bayonne Barrel Bayport Explore LyondellBasell careers and open positions. LyondellBasell Industries has revealed it will lay off more than 300 employees from its shuttering Houston petroleum refinery. Lyondell, in an emailed statement on Friday night Ultimately, Lyondell’s closure “is a good thing for the market,” said Randy Hurburun, senior refinery analyst at London consultancy Energy Aspects. Michael B. The Houston refining site is one of the largest refineries in the United States designed to process heavy-sulfur crude oil. Chemical maker LyondellBasell Industries said on Wednesday that it plans to delay closing of its Houston, Texas, oil refining business to no later than the end of the first quarter in 2025. Lyondell began the previously announced shutdown of the refinery on January 27. LyondellBasell’s Houston location serves as the company’s U. Feb 10, 2025 · Lyondell announced plans in 2023 to shut the plant within a year, having failed in attempts over seven years to sell the refinery. About LyondellBasell Lyondell Basell Industries has completed the final shutdown of its 263,776-bpd Houston, Texas (U. The hydrogen plant would be part of one of two regional hubs — one in LyondellBasell's Houston Refinery is one of the largest refineries in the U. In the future, LyondellBasell expects the 700-acre refining site will be part of a Houston regional hub for its Circular and Low Carbon Solutions business and support the growth of the LyondellBasell Circulen product 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. LyondellBasell, the multinational chemical company with headquarters in Houston, plans to close its Houston refinery and exit the refining industry, it said Thursday. ECONOMIC IMPACT Anthony Emanuel has worked at LyondellBasell’s refinery on the Houston Ship Channel for nearly 10 years, earning him a day job that functions outside the seniority-based shift work that rules LyondellBasell's 264,000 b/d Houston, Texas, refinery will begin shutting units in January and complete its previously-announced exit from the crude refining business by the end of the first quarter 2025.