LyondellBasell Industries (NYSE: LYB) today announced net income for the first quarter 2024 of $473 million, or $1. LyondellBasell on Friday said closing its Houston refinery will help it reach ambitious new goals to. Apr 29, 2022 · Lyondell Basell Industries interim Chief Executive Kenneth Lane said on Friday that operating the chemical producer's 263,776 barrel-per-day (bpd) Houston crude oil refinery past 2023 would. Houston WDB (APS) Address. 53 earnings per share (EPS) for the quarter, topping the consensus estimate of $117. Our DEI strategic efforts are personally overseen by the executive leadership team and directed by the Chief Talent & DEI Officer and a Leadership Council comprised of 17 senior leaders representing businesses, functions and regions across the globe. Chemical maker Lyondell Basell Industries will permanently close its Houston crude oil refinery by the end of 2023, the company said on Thursday. The LyondellBasell Houston Refinery produces transportation fuels which includes Gasoline, Diesel and Jet Fuel. LyondellBasell Industries N LYB recently announced that it is weighing strategic options for its Gulf Coast-based Refining Segment, including a potential sale. September 27, 2011. So it's not surprising there's a lot of speculation about whether its massive state oil company, Saudi Aramco, is trying to buy a refinery in Texas. May 24, 2024 · LyondellBasell is a global leader in innovation, and we are proud to be at the forefront of advancements in the world of chemistry. 8, 2023 /PRNewswire/ -- LyondellBasell (LYB) today announced it has entered into an agreement to sell its Ethylene Oxide & Derivatives (EO&D) business along with the production facility located in Bayport, Texas to INEOS Oxide (INEOS). Acquired by Chevron in 2019 the Pasadena Refinery creates products that fuel progress here in Pasadena and around the world. Cleanup was ongoing on Wednesday after a chemical leak killed two workers and injured 30 others at a LyondellBasell Industries (LYB. red rose la cubana This refinery has been in operation since 1918, and it currently produces gasoline, lubricant. It began operation in 1918 which makes it the oldest site within LyondellBasell and first refinery. N> said on Tuesday that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic. Analysts say it could be the next U refinery to close. 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. Apr 21, 2022 · LyondellBasell Announces Plans to Exit Refining Business 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. Lyondell's refinery supplies dry gas to Shell's joint-venture refinery seven miles (11 Feb 6, 2023 · LyondellBasell to run Houston refinery at 85% utilization in Q1. In today’s global economy, the oil industry plays a crucial role in powering various sectors, including transportation, manufacturing, and energy production. May 8, 2023 · HOUSTON, May 8 (Reuters) - Lyondell Basell Industries (LYB. Oct 27, 2023 · Petrochemical manufacturer LyondellBasell Industries said on Friday its Houston refinery would operate at about 80% of 263,776 barrel-per-day (bpd) capacity in the fourth quarter of 2023. Lyondell could permanently close the refinery ahead of the December 2023 deadline if one of several major production units is shut and cannot quickly return to production LyondellBasell Industries is in the second year of a five-year program to demolish permanently idled units at its 263,776 barrel-per-day (bpd) Houston refinery, said sources familiar with plant. The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. Jan 25, 2022 · HOUSTON, Jan 24 (Reuters) - Chances for a quick sale of LyondellBasell Industries' (LYB. FILE PHOTO: An entrance sign at the LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U, May 5, 2019. Over the years, Petro. The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U, May 5, 2019 LyondellBasell reported an adjusted profit of $1. Two top U refining executives are leaving LyondellBasell Industries as the company nears an agreement to sell its Houston refinery, sources familiar with the matter said on Tuesday. hood rats For some countries, the refinery list is further categorized state-by-state. "I want to thank our refinery team for their dedication and commitment. The facility was one of the first petroleum refineries constructed on the Houston Ship Channel and has access to interstate pipelines and the Port of Houston. Jul 9, 2012 · Valero Energy Corp. LyondellBasell Industries is restoring a gas oil hydrotreater to normal operation at its 263,776 barrel per day (bpd) Houston refinery on Tuesday, U Gulf Coast market sources said. Lyondell Basell Industries said on Friday it plans to operate its Houston oil refinery, which is scheduled to close by the end of this year, at about 85% of its 263,776 bpd capacity during the first quarter During a Friday conference call to discuss fourth-quarter results, Kimberly Foley, executive vice president of refining, said the company is evaluating the most efficient scenario to. The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. LyondellBasell's Houston Refinery Awards $35,000 in Grants to Pasadena Organizations. One of the key aspects of the game is upgrading plots, which can significantly. The global warming issue is now front and centerKMI So everyone loves the oil stocks and the electric vehicle stocks and the hydrogen powered truck market. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polymer polyolefin technologies. In addition, the company is establishing a 2030 scope 3 GHG emissions reduction. The Lyondell Basell Houston Refinery. Lyondell notified on Wednesday afternoon residents near the refinery in east Houston that it would be flaring after a third-party supplier stopped providing steam used in the refining process. LyondellBasell Industries 263,776 barrel per day (bpd) Houston refinery was flaring on Monday afternoon due to a malfunction at Royal Dutch Shell Plc's nearby Deer Park, Texas chemical plant. N> subsidiary Houston Refining LP had a process upset on Wednesday at its 270,000 barrel per day Houston refinery, according to a filing with state environmental. It is owned and operated by Chevron Corporation and employs more than 1,200 workers, making it the city's largest employer. January 24, 2022 — 04:23 pm EST. The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U, May 5, 2019 LyondellBasell reported an adjusted profit of $1. Apr 21, 2022 · LyondellBasell Announces Plans to Exit Refining Business 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. The facility was one of the first petroleum refineries constructed on the Houston Ship Channel and has access to interstate pipelines and the Port of Houston. LyondellBasell's 105,000 barrels per day Berre refinery will be restarted on Monday after a 10-day strike as workers and the Dutch chemical group agreed to keep the plant in operation until Dec. But what did the other Apollo missions accomplish after Neil Armstrong landed on the moon? HowStuffWorks gives them their due. mercyrobes HOUSTON (Reuters) - Lyondell Basell Industries said maintenance operations were staffed at its Houston refinery to assure safety and reliability. , according to unidentified sources Indices Commodities Currencies Stocks Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U automaker to refine its own lithium. N), Marathon and Phillips 66 together had the equivalent of 280,000 bpd of capacity offline in 2023 due to planned and unplanned outages, a more than 20% increase from 2019, according. At least three firms including Saudi Arabian state oil giant Saudi Aramco have bid over $1 billion for LyondellBasell Industries NV's refinery in Houston, according to four people familiar with. Ningbo ZRCC LyondellBasell New Material Company Ltd. Keep up with the news about the 9-county region on the Gulf Coast of Texas. The Chevron Richmond Refinery is a 2,900-acre (1,200 ha) petroleum refinery in Richmond, California, on San Francisco Bay. LyondellBasell Industries to help with the potential sale of its 263,776 barrel-per-day refinery in Houston, according to two people. Learn more about moose activities for kids. These items, which impacted first quarter earnings by $0. About 100 United Steelworkers union (USW) members rallied on Wednesday outside a LyondellBasell Industries

LyondellBasell Industries (NYSE: LYB) today announced net income for the fourth quarter 2022 of $353 million, or $1 During the quarter, the company recognized identified items of $74 million, net of tax. LyondellBasell plans to run its 264,000 b/d Houston, Texas, refinery at average utilization rates of 95pc in the second quarter and may convert its hydrotreaters to petrochemical production when the plant shuts down in early 2025. N> said on Tuesday that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic. The Houston Refinery supports the community through donations to organizations such as The Bridge Over Troubled Waters. May 31, 2023 · HOUSTON, May 31 (Reuters) - Chemical maker LyondellBasell Industries (LYB. A view of LyondellBasell's Houston refinery from Pasadena Freeway in 2018 As the Sinclair Refinery in 1955, with Lawndale St in the background and the Ship Channel in the foreground. ycm cnc dealers Dec 16, 2022 · The Lyondell Basell Houston Refinery. Oct 28, 2022 · Chemicals maker Lyondell Basell Industries plans to operate its Houston oil refinery above 90% of its 263,776-barrel-per-day (bpd) capacity in the fourth quarter of 2022, Kimberly Foley, executive. This is Lyondell's second attempt to sell the Houston refinery, which the U Energy Information Administration says can process 263,776 barrels per day of crude oil. Chevron is among a group of multinational companies looking at the U Gulf Coast as a central hub for the development of hydrogen and ammonia. This would be an advantageous spot due to. Our Vision: LyondellBasell is a place where DEI (diversity, equity and inclusion) is embedded. Across all we do, we aim to unlock value for our customers, investors and society. neo soul midi pack free May 31, 2023 · May 31, 2023. At least three firms including Saudi Arabian state oil giant Saudi Aramco have bid over $1 billion for LyondellBasell Industries NV's refinery in Houston, according to four people familiar with. LyondellBasell plans to run its 264,000 b/d Houston, Texas, refinery at average utilization rates of 95pc in the second quarter and may convert its hydrotreaters to petrochemical production when the plant shuts down in early 2025. LyondellBasell Industries plans to shut its Houston oil refinery by the end of next year but could close it sooner if an equipment failure hits major units, according to two people familiar with. At least three firms including Saudi Arabian state oil giant Saudi Aramco have bid over $1 billion for LyondellBasell Industries NV's refinery in Houston, according to four people familiar with. rp 10 pill 2 billion, and San Antonio-based refiner Valero bid $900 million, three of the people said. Our Houston Refinery Continues Support of Pasadena ISD's Career and Technical High School. The LyondellBasell Houston Refinery produces transportation fuels which includes Gasoline, Diesel and Jet Fuel. The refinery also produces feedstocks for our chemical plants which includes naphtha, liquid petroleum gas, butylenes and propylenes. LyondellBasell Industries 263,776 barrel per day (bpd) Houston refinery was flaring on Monday afternoon due to a malfunction at Royal Dutch Shell Plc's nearby Deer Park, Texas chemical plant. LyondellBasell on Friday said closing its Houston refinery will help it reach ambitious new goals to. The loss in productivity will be paid for by consumers at the pump. LyondellBasell (NYSE: LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from PreZero, a global recycling leader.

On Friday, Lyondell said the refinery's 2016 production averaged 201,000 bpd and earnings before interest, tax, depreciation and amortization (EBITDA) from refining were $72 million, $447 million. 1% compared to the same quarter last year. 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. The place has a lot of mothballed and fenced off units. Chevron UA (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that it has signed a Share Purchase Agreement with Petrobras America Inc. Oct 19, 2022 · Chevron Creighton Welch Communications Manager, Chevron New Energies e. When you buy gas with a debit. The complex has 143 acres of additional land. (Petrobras) to acquire all the outstanding shares and equity interests of Pasadena Refining System, Inc. Ineos, through Ineos Oxide, will buy the fully. In part because refining was so profitable in 2022, the shutdown was delayed with a new deadline of. 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. 14-Mar-2023. craigslist denver motorcycles by owner Last week, LyondellBasell Industries also disclosed plans to cut 10% of staff at its Houston oil refinery because of heavy losses. LyondellBasell Industries NV (NYSE: LYB) is selling its Ethylene Oxide & Derivates business, along with its Bayport facility, to Ineos Group Ltd. DavidAg02 Energy Corridor • 2 yr That refinery has never been very profitable for them. Jun 15, 2022 · This article is for subscribers only. There are hopes the deal will. Lyondell Basell Industries said on Friday it plans to operate its Houston oil refinery, which is scheduled to close by the end of this year, at about 85% of its 263,776 bpd capacity during the first quarter During a Friday conference call to discuss fourth-quarter results, Kimberly Foley, executive vice president of refining, said the company is evaluating the most efficient scenario to. LyondellBasell Industries chloroacetic acid Chemical maker Lyondell Basell Industries will permanently close its Houston crude oil refinery by the end of 2023, the company said on Thursday. Bearish Bets: 2 High-Profile Stocks You Should Consider Shorting This Week. N) Houston refinery voted on Thursday to ratify a new four-year contract, clearing a key hurdle on the way to ending a three. South Korea's top refiner SK Energy bought a cargo from Unipec, while Hengyi Petrochemical also purchased a cargo from PetroChina for its Brunei refinery, traders said. Proxy Statement for 2024 Annual General Meeting. Sep 8, 2021 · This is Lyondell's second attempt to sell the Houston refinery, which the U Energy Information Administration says can process 263,776 barrels per day of crude oil. LyondellBasell (NYSE: LYB) today announced changes to its executive committee, effective March 1, 2024. Our products are produced with care. lyondellbasell. The initial plant was operated by Sinclair Refining and later by Atlantic Richfield Company (ARCO). LyondellBasell Industries NV cut the use of heavy sour crude oil from Venezuela by about 36 percentage points between 2009 and 2012 at its 268,000 barrel per day (bpd) Houston refinery, the. Lyondell Basell Industries said on Friday it plans to operate its Houston oil refinery, which is scheduled to close by the end of this year, at about 85% of its 263,776 bpd capacity during the first quarter. The initial plant was operated by Sinclair Refining and later by Atlantic Richfield Company (ARCO). In today’s global economy, the oil industry plays a crucial role in powering various sectors, including transportation, manufacturing, and energy production. LyondellBasell Industries has put its 263,776 barrel per day (bpd) Houston refinery up for sale. The 30-minute fire at LyondellBasell Industries NV’s Houston refinery Tuesday underscored just how quickly US gasoline production can fall at a time when. Ningbo ZRCC LyondellBasell New Material Company Ltd. The cargoes, of 550,000 barrels each, to be delivered in September were sold at discounts of between $5 and $6 a barrel to ICE Brent, they added. The company reacquired full ownership of the plant in 2006 and the Refinery, operating as Houston Refining LP, is now a wholly owned subsidiary of LyondellBasell. Dec 4, 2021 · Officials from independent U refiner PBF Energy last week toured LyondellBasell Industries' Houston refinery, which went up for sale in September, people familiar with the matter said on Friday.