Another US oil refinery to vanish with Lyondell Houston plant closing
HOUSTON, Texas: On November 1, Chemical maker LyondellBasell Industries announced its plan to permanently shutter its 263,776 barrel-per-day (bpd) Houston oil refinery in the first quarter of 2025.
This is the latest in a wave of U.S. refinery closures. Motor fuel demand is expected to peak this decade and decline under pressure from renewable fuels and electric vehicles.
Lyondell's refining chief, Kim Fo