LyondellBasell said Tuesday that the Houston refinery it plans to close this year could...
The sun sets behind the LyondellBasell Houston Refinery, one of the businesses on the list of high harm facilities, Thursday, April 14, 2016 in Houston.The hydrogen facility would be part of two regional hubs — in Houston and in Cologne, Germany — that the Houston chemical giant said would be key to a companywide transformation aimed at making itself a leader in the energy transition and in recycled plastics.
He said the refinery is well-positioned with pipelines connecting it to crackers in Channelview, its central location and access to the Houston Ship Channel. The company plans to reuse some of the refinery equipment to process new low-carbon feedstocks that it would then pipe to Channelview. "So that's going to be a great opportunity for us to further develop that site," Lane said."No final decision has been made yet, but we're excited about the opportunities that this site has for the future."
The redevelopment of the site would allow the company to keep jobs in the Houston region while it realigns its overarching strategy, it said.
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