Houston, TX – LyondellBasell Industries announced net income for the second quarter 2022 of $1. Apr 29, 2022 · Register HOUSTON, April 21 (Reuters) - Chemical maker Lyondell Basell. "/> susan graver weekend pants. "After thoroughly analyzing our options, we have determined that exiting the refining business by the end of next year is the best strategic and financial path forward," said Ken Lane, interim chief executive. HOUSTON, Texas (KTRK) -- LyondellBasell is leaving the refining business. · Chemical maker Lyondell Basell Industries will permanently close its Houston crude oil refinery by the end of 2023, the company said on Thursday. Apr 27, 2022 · LyondellBasell Industries' Houston refinery. 22-November-2021 Port of Santos Terminal Is Sold for R$ 558 Million by Petrobras. Mar 11, 2016 · Lyondell Basell Industries Chief Executive Bob Patel said on Wednesday the chemical company may at some stage sell its 263,776 barrel per day (bpd) Houston refinery. In the interim, the company will continue serving the fuels market, which is expected to remain strong in the near-term, and consider potential transactions and alternatives for the site. "LyondellBasell achieved record profitability in 2021. Even the so-called energy capital of the world, Houston, lost a refinery recently. 21 per share. Petrochemical as well as refining/marketing. ) LyondellBasell Credit Manager Houston, TX 2d $77K-$175K Per Year (Glassdoor est. 44 per share. "We accomplished several key milestones during the second quarter, including completing a major Channelview turnaround, finalizing our debt refinancing and raising our interim quarterly. 98 per. Croix refinery due to financial problems in May 2021 after only operating for a few months, due to operational setbacks. 4 billion , $2. · LyondellBasell sees advanced recycling as option for future of Houston refinery. 1221 Mckinney Street # 1600. Ken Lane, interim CEO of LyondellBasell, has not given . · LyondellBasell will be closing its Houston refinery and exiting the refining industry, according to a filing with the Securities and Exchange Commission (SEC). The decision. 6 billion , $1. The company confirmed the contents. In a move that will cut carbon dioxide emissions and focus the company on petrochemicals and plastics, LyondellBasell Industries will close its Houston. On Thursday, the. 21 per share. 7 billion excluding LCM and impairment (a) Diluted earnings per share: $4. News choppers milling around the LyondellBasell refinery at 12000 Lawndale St. (a) LyondellBasell Industries (NYSE: LYB) today announced net income for the second quarter 2022 of $1. HOUSTON, Texas (KTRK) -- LyondellBasell is leaving the refining business. Lyondell Chemical Co reportely pays about $2. The chemical company made the decision after unsuccessfully trying to sell the refinery, which will now become the latest in a rash of American refineries. N Houston oil refinery are dwindling with several other refineries competing for buyers, said people. The project is estimated to cost approximately USD2. The “Killer B’s” was a nickname for a rotating group of standout players for the Houston Astros from about 1995 to 1999. 29 Jul 2022. · LyondellBasell sees advanced recycling as option for future of Houston refinery. The Houston refinery operated near full capacity; however, low by-product values impacted refining results," Gallogly said. 22 Apr 2022. | April 12, 2022. Sources say four potential suitors have expressed interest, including Valero, Saudi Aramco, Cenovus. Houston, TX – LyondellBasell Industries announced net income for the second quarter 2022 of $1. 2022 - NEWS January 29, 2022 [Reuters] – Chances for a quick sale of LyondellBasell Industries’ (LYB. 4 billion , $2. LyondellBasell recently joined Shell's pattern of selling refineries when it announced last month that it is looking to sell its Houston refinery. · Chemical maker LyondellBasell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, sources have said. LyondellBasell fire shows how rapidly refining capacity can shrink (6/16) South American island pitches $6 billion wind, hydrogen energy plan (6/16) Trade groups respond to President Biden's. "In the longer term, []. 7 billion excluding LCM and impairment (a) Diluted earnings per share: $4. The latest move marks the company's second attempt to sell the refinery, which suffered heavy losses in 2020 as fuel demand plummeted globally . 9 Sep 2021. This is Lyondell's second attempt to sell the Houston refinery, which the US Energy Information Administration says can process 263,776 barrels per day of. refiners last year suffered deep losses as the coronavirus pandemic slashed demand for motor fuels. 1 billion, or $19,000 per. Such a move could heighten the risk of fuel shortages in the United States and pressure fuel prices, already sky-high due to the economy's recovery. 98 per share. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected. The latest move marks the company's second attempt to sell the refinery, which suffered heavy losses in 2020 as fuel demand plummeted globally . It distributed $6 billion of the proceeds to ConocoPhillips, and will keep $2 billion. "After thoroughly analyzing our options, we have determined that exiting the. For just $30 million Gallogly added 100 million pounds of ethylene and polyethylene capacity, worth an estimated $30 million in operating profits to the company. People familiar with plant operations said. “In the longer term, []. By Erwin Seba. Just a few months ago, since the Covid-19 pandemic hit the sectors, Lyondellbasell laid off 10% of its refinery workforce. "Operation of the refinery beyond next year would require significant capital. Limetree Bay Energy shut its St. HOUSTON, March 22, 2018 /PRNewswire/ -- The Houston Refinery of LyondellBasell, one largest plastics, chemicals and refining companies in the worl. LyondellBasell tried to sell the refinery but failed to find a buyer. 98 per share. I have worked at the Houston refinery site for 10 years. LyondellBasell Technician, Operations 4 Channelview, TX 17d LyondellBasell SIS Engineer Channelview, TX 9d $64K-$130K Per Year (Glassdoor est. N) is considering a "very large investment" at the site of its Houston refinery. Lyondell Basell to shutter Houston oil refinery in 2023 - Union-Trader. Our refinery's clean products include premium grades such as reformulated gasoline, jet fuel, ultra. Second Quarter 2022 Highlights. 7 billion excluding LCM and impairment (a) Diluted earnings per share: $4. Global Business Services LyondellBasell Bio Anup Sharma is senior vice president, Global Business Services for LyondellBasell, one of the world's largest plastics, chemicals and refining companies. From the Archive. Jan 24, 2022 · B y Erwin Seba. 98 per share. LyondellBasell shuns 'volatile' business with Houston refinery closure, analyst says. 25 Apr 2022. 1 day ago · LyondellBasell Industries announced in April it will shut down its refinery in Houston by the end of 2023 and leave the refining business altogether as part of a decarbonization strategy. HOUSTON, April 21, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its decision to cease operation of its Houston Refinery no later than December 31, 2023. B y Erwin Seba. American refinery capacity has been on the decline in recent years, according to Fuels Market News latest Refinery Capacity Report. Apply to Environmental Engineer, Research Chemist, Event Manager and more!. The acquisition is likely to have made a positive impact on fourth-quarter margins. vu; xr; yu; me; yp. LyondellBasell announced Thursday it's closing its Houston refinery this year and is exiting the refining business. LyondellBasell to Shut Houston Refinery by 2024. The South Jersey. 98 per share. The company recognized a $624 million non-cash impairment charge during the quarter related to the Houston refinery. Yesterday's entry in Houston's recurring game of what's-that-mysterious-black-cloud was brought to you by LyondellBasell's Pasadena refinery at 12000 Lawndale St. In the interim, the Company will continue serving the fuels market, which is expected to remain strong in the near-term, and consider potential transactions and alternatives for the site. The decision comes after two failed attempts to sell the plant and the closing of five U. “In the longer term, []. N to plan the closure within 18 months of the Houston refinery it has owned for 37 years. 2 Agu 2022. LyondellBasell plans to shut down its Houston refinery at the end of 2023, impacting 550 jobs. · Chemical maker Lyondell Basell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, said sources familiar with the matter. The move comes after the Dutch chemical company fielded inquiries from at least four possible suitors, the sources said. LyondellBasell Industries NV HOUSTON, July 29 (Reuters) - Chemical maker Lyondell Basell Industries (LYB. The company on Wednesday said it is considering strategic options for. Mar 09, 2016 · LyondellBasell Industries N. LyondellBasell plans to shut down its Houston refinery at the end of 2023, impacting 550 jobs. Visit Website. LyondellBasell | 142,866. · PEMEX NOT SEEN IN THE MIX. · Chemical maker LyondellBasell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, sources have said. 7 billion excluding LCM and LyondellBasell Reports Second Quarter 2022 Earnings - US News - Expertini. 6 billion, $1. The company revealed its intentions to sell the refinery back in September. HOUSTON and LONDON , Nov. So far in the third quarter of 2021, the Maya-WTI MEH spread has widened to average minus. Lyondell was working to determine the cause of the pump failure Tuesday night and return the unit to operation overnight or sometime Wednesday, the sources said. 22 Apr 2022. The decision. The company recognized a $69 million non-cash impairment charge. 21 per share. LyondellBasell Industries NV has retained Bank of America Merrill Lynch to help with the potential sale of its 263,776 barrel-per-day refinery in Houston, according to two people familiar with the talks. The move is in line . “While the Houston Refinery is a valuable, well-performing asset, we have long held the belief that it may. Past attempt to sell Houston refinery abandoned over price Buyer's market with five U. | April 12, 2022. Lyondellbasell Channelview and Houston Refining were both originally Arco properties that were spun off into a new company named Lyondell Chemical after potentially profitable synergies between both plants were recognized and Arco was going through a period of financial difficulties in the mid-80s. Net Income: $1. The would-be buyer is also located on the Houston Ship Channel and has the resources to finance a purchase of the 263,776 barrel-per-day (bpd) Houston refinery, according to sources. Such a move could heighten the risk of fuel shortages in the United States and pressure fuel prices, already sky-high due to the economy's recovery. Screen readers cannot read the following searchable map. LyondellBasell's decision to close its 268,000 b/d Houston refinery by 2023 partly reflects concerns about the facility's condition, with the company uninterested in making investments necessary to keep it running beyond next year. · LyondellBasell sees advanced recycling as option for future of Houston refinery. HOUSTON, March 22, 2018 /PRNewswire/ -- The Houston Refinery of LyondellBasell, one largest plastics, chemicals and refining companies in the worl. ) LyondellBasell Credit Manager Houston, TX 2d $77K-$175K Per Year (Glassdoor est. blazor system threading tasks taskcanceledexception a task was canceled. LyondellBasell CEO says Houston refinery may be sold in future 3/11/2016 HOUSTON, March 9 ( Reuters) -- LyondellBasell Industries CEO Bob Patel said on Wednesday that the chemical company may sell off its 263,776-bpd Houston refinery in "the longer term. HOUSTON, Texas (KTRK) -- LyondellBasell is leaving the refining business. Since then, refining and marketing margins have gone through the roof. 17 Apr 2015. “In the longer term, []. N Houston oil refinery are dwindling with several other refineries competing for buyers, said. Print Article. LyondellBasell Industries' Houston refinery. Lyondell and CITGO announced in April plans to sell their joint-venture refinery, which supplies between 110,000 and 120,000 barrels per day of gasoline to CITGO. Houston, TX - LyondellBasell Industries announced net income for the second quarter 2022 of $1. ) LyondellBasell Specialist Deer Park,. HOUSTON and LONDON, July 29, 2022 /PRNewswire/ --. Chemical producer LyondellBasell Industries NV aims to sell its Houston crude oil refinery as quickly as possible, said people familiar with the matter. Since that time, US refinery values have fallen drastically with plants selling for less than $5,000/bbl. LyondellBasell Industries plans to close its Houston crude oil refinery and exit the refining business, the multinational chemical. Oct 29, 2021 · Lyondell Basell Industries expects to sell its 263,776 barrel-per-day (bpd) Houston refinery in the "coming quarter or two," said Chief Executive Bob Patel during a Friday conference call with. · LyondellBasell Industries NV (NYSE:NYSE:LYB) Q2 2022 Earnings Conference Call July 29, 2022, 11:00 ET Company Participants David Kinney - Head, IR Peter Vanacker - CEO & Executive. 1 day ago · August 2, 2022July 29, 2022 RubberWorld 17 Views. · April 25, 2022 by kemicalinfo. 1 Agu 2022. 29 Jul 2022. "We accomplished several key milestones during the second quarter, including completing a major Channelview turnaround, finalizing our debt refinancing and raising our interim quarterly. 6 billion, or $4. In 1989, it sold 50. A percentage of each liter sold goes to the cooperative's social development fund. This is Lyondell's second attempt to sell the Houston refinery, which the U. B y Erwin Seba. is one of the largest plastics, chemicals and refining companies in. A percentage of each liter sold goes to the cooperative's social development fund. refineries in the last two years. Published date: 29 April 2022 LyondellBasell's decision to close its 268,000 b/d Houston refinery by 2023 partly reflects concerns about the facility's condition, with the company uninterested in making investments necessary to keep it running beyond next year. Chief Executive Officer Patel says Houston refinery may be sold in future. "After thoroughly analyzing our options, we have determined that exiting the. Bim/E+ via Getty Images. The refinery processes 268,000 barrels per day (bpd) of oil and produces 92,600 bpd of diesel fuel, 89,000 bpd of gasoline and 44,500 bpd of jet fuel. This is the first SPA for the CP2 LNG facility, which the company. (the same one that caught fire back in early April). Base Salary (USD). LyondellBasell shuns ‘volatile’ business with Houston refinery closure. Another U. Net Income: $1. Since then, refining and marketing margins have gone through the roof. CLAIMED Petroleum Products. Lyondell Refining Company LLC. LyondellBasell Industries (NYSE: LYB) today announced net income for the second quarter 2022 of $1. N> said on Tuesday that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic. Mar 11, 2016 · Lyondell Basell Industries Chief Executive Bob Patel said on Wednesday the chemical company may at some stage sell its 263,776 barrel per day (bpd) Houston refinery. "We accomplished several key milestones during the second quarter, including completing a major Channelview turnaround, finalizing our debt refinancing and raising our interim quarterly. Lina Saigol. LyondellBasell has considered selling the Houston Refinery, which sits on 700 acres on the Houston Ship Channel, since at least 2015, when plunging gasoline prices weakened profit margins. · Chemical maker LyondellBasell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, sources have said. LyondellBasell Industries NV (NYSE: LYB) will exit the refinery business even though it hasn't found a buyer for its local facility. HOUSTON and LONDON , July 29, 2022 /PRNewswire/ --. 1 day ago · August 2, 2022July 29, 2022 RubberWorld 17 Views. 4 billion. Now the company is evaluating what it can do with its prime real estate. 6 billion, $1. 6 billion, $1. N) will permanently close its Houston crude oil refinery by the end of 2023, the company said on Thursday. 25-April-2022 Shell Building P1. Lyondellbasell houston refinery sold HOUSTON and LONDON, July 29, 2022 /PRNewswire/ -- Second Quarter 2022 Highlights Net Income: $1. this morning, just west of the 610 bridge over the Ship Channel, caught some shots of billowing black smoke and flames at the facility, which have since been put out. Houston, TX – LyondellBasell Industries announced net income for the second quarter 2022 of $1. ) LyondellBasell Credit Manager Houston, TX 2d $77K-$175K Per Year. Limetree Bay Energy shut its St. LyondellBasell details path to 2030 in 2021 sustainability report. Oils, Partly Refined: Sold for Rerunning (1) Oils-Recycling (2). 19 per share excluding LCM and impairment. LyondellBasell Industries (NYSE: LYB) today announced net income for the second quarter 2022 of $1. The would-be buyer is also located on the Houston Ship Channel and has the resources to finance a purchase of the 263,776 barrel-per-day (bpd) Houston refinery, according to sources. · Chemical maker Lyondell Basell Industries will permanently close its Houston crude oil refinery by the end of 2023, the company said on Thursday. 21 Apr 2022. Houston, TX – LyondellBasell Industries announced net income for the second quarter 2022 of $1. female prisons penpals in virginia; prodigy game black. Lyondell Basell Industries said on Tuesday that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic. SHELL - CONVENT, ST. 26 Apr 2022. SHELL - CONVENT, ST. 2022 - NEWS January 29, 2022 [Reuters] – Chances for a quick sale of LyondellBasell Industries’ (LYB. LyondellBasell Industries NV shut the larger of two cokers at its 263,776-barrel-per-day (bpd) Houston refinery following a fire on Tuesday, sources familiar with plant operations said. 98 per share. The petrochemical maker put the 263,776-bpd plant on the market for a second time last year after squeezing a small third-quarter profit from the unit. The refinery along the Houston Ship Channel has been under Lyondell's sole ownership since 2006, when the company bought out minority partner Citgo Petroleum to end a troubled relationship. 0 Good Work life balance Engineer (Former Employee) - Pasadena, TX - January 25, 2023 LYB is a good place to work. The company recognized a $69 million non-cash impairment charge during the quarter related to the exit from our Australian polypropylene business that impacted earnings. Jan 24, 2022 · The Lyondell plant is a full-conversion refinery, meaning it can process cheaper high-sulfur heavy crude oil into motor fuels that meet U. The Houston facility would close. In its April 21 statement, the company said was getting out of the refining business by shutting its 263,776 b/d Houston refinery after it was unable to find a buyer. August 3, 2022. The company on Wednesday said it is considering strategic options for the refinery, including a potential sale. Jan 31, 2022 · Chances for a quick sale of LyondellBasell Industries’ Houston oil refinery are said to be dwindling, with several other refineries competing for buyers. 22 Apr 2022. · HOUSTON — Chemical producer LyondellBasell Industries NV aims to sell its Houston crude oil refinery as quickly as possible, said people familiar with the matter. 1 day ago · August 2, 2022July 29, 2022 RubberWorld 17 Views. Now the company is evaluating what it can do with its prime real estate. That will. The Lyondell refinery is based in Houston, Texas and has a capacity to refine 268,000 barrels of crude per day. LyondellBasell’s Houston oil refinery has the capacity to transform 268,000 barrels per day of crude oil into transportation fuels such as gasoline, diesel and jet fuel and into other products including lubricants, chemical intermediates and petroleum coke. LyondellBasell has considered selling the Houston Refinery, which sits on 700 acres on the Houston Ship Channel, since at least 2015, when plunging gasoline prices weakened profit margins. · Chemical maker Lyondell Basell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, said sources familiar with the matter. The shot above was taken from an overpass near the junction of Loop 610 with Hwy. Mar 09, 2016 · LyondellBasell Industries N. · LyondellBasell attempted to sell the refinery in 2016, but a deal fell apart when the company sought a higher price for the plant. Our refinery's clean products include premium grades such as reformulated gasoline, jet fuel, ultra-low sulfur diesel and aromatics. This is the first SPA for the CP2 LNG facility, which the company. Now the company is evaluating what it can do with its prime real estate. Apr 27, 2022 · LyondellBasell Industries' Houston refinery. "After thoroughly analyzing our options, we have determined that exiting the. LyondellBasell Industries NV (NYSE: LYB) also wants to sell its Houston Refinery, and Royal Dutch Shell (NYSE: RDS-A, RDS-B) in May sold its 50% stake in the Deer Park Refinery to its joint. Benzene Lawsuits Information - Houston Refinery (Lyondell-Citgo), Houston, Texas (TX) 270,200 BPD - Speak to an attorney or lawyer regarding benzene exposure and benzene leukemia claims. Lyondell originally planned to sell the plant back in 2017 but pivoted and continued operations. LyondellBasell tried to sell the refinery but failed to find a buyer. joi hypnosis
In September, analysts at Tudor, Pickering, Holt & Co. . Lyondellbasell houston refinery sold
1 day ago · The planned closure of LyondellBasell’s refinery could make way for “a very large investment” at the site along the Houston Ship Channel, the company’s new CEO Peter Vanacker said during. HOUSTON – LyondellBasell announced Thursday its decision to cease operation of its nearly 700-acre Houston Refinery no later than December 31, 2023. Venture Houston 2021 is the premier virtual event for entrepreneurs and venture investors to plug into what is happening in Houston. 98 per share, $5. said late Wednesday it bought out Citgo Petroleum Corp. 98 per. Then, in September 2021, the company announced its intention to. $453 million in economic impact for the Greater Houston Area. LyondellBasell Industries <LYB. However, one year after the deal closed the collapse of the global economy and. com - May 9 at 7:49 PM: LyondellBasell Industries's Return on Invested. lyondellbasell houston refinery sold xk eb MOSCOW (MRC)-- Chemical producer LyondellBasellIndustries said its Houstonrefinerywould be a better fit with a larger oil processing company and that a sales effort continues, reported Reuters. LyondellBasell plans to operate its Houston refinery above 90% of its capacity during the first quarter of 2022, said Chief Financial Officer Michael McMurray. LyondellBasell's Houston Refinery has a rated capacity to transform 268,000 barrels per day of crude oil into transportation fuels and other products including lubricants, chemical intermediates and petroleum coke. 9 Sep 2021. LyondellBasell plans to operate its Houston refinery above 90% of its capacity during the first quarter of 2022, said Chief Financial Officer Michael McMurray. The company confirmed the contents. The company's fourth-quarter results are also expected to reflect improved performance at the Houston refinery. Jan 29, 2022 · Lyondell Houston Oil Refinery Sale in Focus Ahead of Investor Call 01. · Chemical maker LyondellBasell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, Chemical maker LyondellBasell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December 2023, skip to Main Content. PDVSA's subsidiary, CITGO, and Lyondell announced plans in April to sell the refinery. 1 billion for Citgo Petroleum's minority stake in a Houston refinery the two companies have jointly operated for 14 years. LyondellBasell plans to shut down its Houston refinery at the end of 2023, impacting 550 jobs. Jul 24th, 2017. 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. By October, it. (a) LyondellBasell Industries (NYSE: LYB) today announced net income for the second quarter 2022 of $1. In its April 21 statement, the company said was getting out of the refining business by shutting its 263,776 b/d Houston refinery after it was unable to find a buyer. 98 per share. 6 billion, or $4. Exclusive: Lyondell Basell to cut Houston refinery staff by 10% on pandemic losses. Lyondellbasell houston refinery sold The Houston refinery operated near full capacity; however, low by-product values impacted refining results," Gallogly said. Lyondellbasell houston refinery sold. LyondellBasell plans to operate its Houston refinery above 90% of its capacity during the first quarter of 2022, said Chief Financial Officer Michael McMurray. "The Lyondell sale saga has. 18 per share. 98 per. has 4 of the world's largest refineries with one in Port Arthur, Texas, one each in Baytown, TX, Garyville, LA, and Baton Rouge, LA with []. Linkedin - Advertisement - Recent Posts. LyondellBasell says it might be a better fit in a company with a large refining. The petrochemical maker put the 263,776 bpd plant on the market for a second time last year after squeezing a small third-quarter profit from the unit. 7 billion excluding LCM and impairment(a)Diluted earnings per share: $4. 1 day ago · LyondellBasell Industries announced in April it will shut down its refinery in Houston by the end of 2023 and leave the refining business altogether as part of a decarbonization strategy. Apr 29, 2022 · Register HOUSTON, April 21 (Reuters) - Chemical maker Lyondell Basell. PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its decision to cease operation of its Houston Refinery no later than December 31, . LyondellBasell shuns 'volatile' business with Houston refinery closure, analyst says. “In the longer term, []. The interim CEO said although the company is leaving the refinery business, the site's location will give more opportunities for advancing . The company's fourth-quarter results are also expected to reflect improved performance at the Houston refinery. HOUSTON, Jan 24 (Reuters) - Chances for a quick sale of LyondellBasell Industries' LYB. From the Archive. Houston, TX – LyondellBasell Industries announced net income for the second quarter 2022 of $1. Second Quarter 2022 Highlights. 1 day ago · The planned closure of LyondellBasell’s refinery could make way for “a very large investment” at the site along the Houston Ship Channel, the company’s new CEO Peter Vanacker said during. , including 1 million tonnes per annum (MTPA) from Plaquemines LNG and 1 MTPA from CP2 LNG. REUTERS/Donna Carson. HOUSTON, March 9 ( Reuters) -- LyondellBasell Industries CEO Bob Patel said on Wednesday that the chemical company may sell off its 263,776-bpd Houston refinery in "the longer term. The chemical maker said on Sept. 6 billion, or $4. HOUSTON, Jan 24 (Reuters) - Chances for a quick sale of LyondellBasell Industries' LYB. ) LyondellBasell Analyst Channelview, TX 10d $61K-$130K Per Year (Glassdoor est. 13 September 2021. 26 Apr 2022. However, one year after the deal closed the collapse of the global economy and. 8 Sep 2021. Chemical maker Lyondell Basell Industries is considering a "very large investment" at the site of its Houston refinery after it permanently . LyondellBasell has considered selling the Houston Refinery, which sits on 700 acres on the Houston Ship Channel, since at least 2015, when plunging gasoline prices weakened profit margins. 98 per share, $5. On Thursday, the company announced it plans to shut down its refinery by the end of 2023. Houston Refining is one of the largest refineries in the United States designed to process heavy-sulfur crude oil. PolyMirae is a joint venture 50 percent owned by LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and 50 percent owned by Daelim, a construction and petrochemical company in South Korea. Dec 23 (Reuters) - LyondellBasell Industries LYB. 1 day ago · August 2, 2022July 29, 2022 RubberWorld 17 Views. Mar 11, 2016 · Lyondell Basell Industries Chief Executive Bob Patel said on Wednesday the chemical company may at some stage sell its 263,776 barrel per day (bpd) Houston refinery. "The Lyondell sale saga has. "In the longer term. LyondellBasell Industries' Houston refinery. “In the longer term, []. HOUSTON, Texas (KTRK) -- LyondellBasell is leaving the refining business. More than 280 polyolefin Licenses sold Introducing innovative technologies High-level support in training, start-up, and safety reviews. Apr 21, 2022 · LyondellBasell announced Thursday it's closing its Houston refinery this year and is exiting the refining business. Chemicals company LyondellBasell announced on April 21 that it will cease operation of its Houston refinery no later than Dec. The investment firms of some billionaire investors--including Antony Ressler, David Einhorn and James Dinan--held stakes in LyondellBasell after it emerged from bankruptcy and sold them in the. MOSCOW -- LyondellBasell has announced its decision to cease operation of its Houston Refinery no later than December 31, 2023, as per the compay's press release. 30 per share. 22 Apr 2022. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected. 1k Salaries 192 Interviews 199 Benefits 8 Photos View Jobs at LyondellBasell LyondellBasell Salaries in Channelview, TX 78 salaries (for 57 job titles) Updated 3/7/2022 78 LyondellBasell employees have shared their salaries on Glassdoor. LyondellBasell Industries NV has retained Bank of America Merrill Lynch to help with the potential sale of its 263,776 barrel-per-day refinery in Houston, according to. Lyondellbasell houston refinery sold. Since that time, US refinery values have fallen drastically with plants selling for less than $5,000/bbl. FILE PHOTO: An aerial view of. · LyondellBasell Industries' Houston refinery. 17 Agu 2006. LyondellBasell Houston Refining Sep 2007 - Present 15 years. Search markets A magnifying glass. The would-be buyer is also located on the Houston Ship Channel and has the resources to finance a purchase of the 263,776 barrel-per-day (bpd) Houston. From the Archive. 6 billion, $1. HOUSTON and LONDON , July 29, 2022 /PRNewswire/ --. In its April 21 statement, the company said was getting out of the refining business by shutting its 263,776 b/d Houston refinery after it was unable to find a buyer. HOUSTON, Jan 24 (Reuters) - Chances for a quick sale of LyondellBasell Industries' LYB. The refinery along the Houston Ship Channel has been under Lyondell's sole ownership since 2006, when the company bought out minority partner Citgo Petroleum to end a troubled relationship. LyondellBasell is expected to report revenues of $8. The chemical company made the decision after unsuccessfully trying to sell the refinery, which will now become the latest in a rash of American refineries. Jan 31, 2022 · Chances for a quick sale of LyondellBasell Industries’ Houston oil refinery are said to be dwindling, with several other refineries competing for buyers. 98 per share. "During the quarter, LyondellBasell signed several renewable power purchase agreements that will help reduce the carbon footprint of operations. 98 per share. February 2, 2022 Read Time: 2 mins Chances for a quick sale of LyondellBasell Industries' Houston oil refinery are said to be dwindling, with several other refineries competing for buyers. 21 per share. "After thoroughly analyzing our options, we have determined that exiting the refining business by the end of next year is the best strategic and financial path forward," said Ken Lane. The company recognized a $69 million non-cash impairment charge during the quarter related to the exit from our Australian polypropylene business that impacted earnings by $0. ) a barrel, while comparable Canadian crude was fetching about $70 a barrel, a. Contact The Expert. 18 per share. HOUSTON, Texas (KTRK) -- LyondellBasell is leaving the refining business. 98 per. ' s stake in the Lyondell-Citgo refinery, a giant 268000 . LyondellBasell Technician, Operations 4 Channelview, TX 17d LyondellBasell SIS Engineer Channelview, TX 9d $64K-$130K Per Year (Glassdoor est. · HOUSTON (ICIS)–LyondellBasell plans to cease operations at its Houston Refinery in Texas by the end of 2023, the company said Thursday. “In the longer term, []. . apartments asheville nc, tampa jobs hiring immediately, peninsula craigslist, i was never broken pdf, gay pormln, amherst ed acceptance rate 2026, kubota v3800 timing marks, random drivers license number generator, game cigar rewards app, anitta nudes, brockton apartments for rent, www newzjunky com co8rr