The Houston refinery expects to stop operations by the tip of first quarter.
HOUSTON — A Houston refinery is on the brink of shut.
This weekend, LyondellBasell will start to close down its Houston refinery and plans to be completed by the tip of March. In consequence, some 400 staff are anticipated to be laid off within the coming months, in accordance Reuters.
We reached out to LyondellBasell, who launched the next assertion:
“LyondellBasell is on schedule to stop refining operations on the Houston Refinery on the finish of the primary quarter of 2025. As beforehand talked about, the steadily deliberate ramp down begins towards the tip of January and continues via February. Our focus is on safely ceasing refining operations to guard the group, setting and our employees.”
The corporate introduced plans to shut the refinery again in 2022. At that time, they stated the closure would occur the next 12 months.
The 700-acre plant is ready to refine greater than 1 / 4 of one million barrels of oil per day, turning crude into transportation fuels like gasoline and diesel.
The refinery itself is greater than 100 years outdated, though it is modified arms a number of occasions.
