Insights / i-Dots note

Valero acquires LyondellBasell’s idled Houston refinery - Reversing the trend?

By Rajesh Chopra, Chief Refinery & Petchem Analyst Visit author profile

Members

Refined products
Neutral

Valero has agreed to acquire LyondellBasell’s idle Houston refinery for US$320.5 million, with plans to restart 165 kb/d (~8.25 MMTPA) of light-sweet-crude processing capacity by end-2027 and potential future investment to add more complex units capable of processing heavy sour…

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