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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 ...
An investigation is underway into the fatal chemical leak at a Houston area oil refinery owned by Mexico's state oil firm Pemex, the company's top executive said on Friday. Pemex, as Petroleos ...
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.
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Lyondell bought ARCO Chemical in 1998 for $5.6 billion including ARCO's entire 82.2% ownership stake. [8] In 2004, Lyondell purchased Millennium Chemicals in a stock-swap deal valued at $2.3 billion. [9] In August 2006, Lyondell acquired Citgo's interest in the Lyondell-Citgo Refinery for $2.1 billion, and renamed the facility Houston Refining ...
An area estimated at 200,000 square feet (19,000 m 2) of the refinery was badly burned by the fire that followed the violent explosion, damaging refinery equipment worth millions of dollars. [69] The pressure wave was so powerful it blew out windows offsite up to three-quarters of a mile (1.2 km) away.
The chemical leak at Lyondell's chemical plant in La Porte killed two workers and injured 30 others, marking one of the worst U.S. petrochemical accidents since a 2019 Texas blast prompted the ...
Lyondell is spun off from ARCO, becoming a public company listed on the New York Stock Exchange (Ticker symbol: LYO). 1990: Lyondell acquires low-density polyethylene (LDPE) and polypropylene (PP) businesses from Rexene. 1993: LYONDELL-CITGO Refining (LCR) is formed as the Houston Refinery becomes a joint venture with CITGO Petroleum ...