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LyondellBasell Plans to Retain Houston Refinery After Asset Review

Posted by January 5, 2017

LyondellBasell said on Thursday that it would retain its Houston-area refinery following a review of strategic options for the business.


"During the normal course of business it is not unusual for a company to periodically review its asset portfolio," said Michael Waldron, vice president of corporate communications for LyondellBasell. The refinery has the ability to process 264,000 barrels a day of crude.

(Reporting By Jessica Resnick-Ault)

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