LYB-LYONDELLBASELL INDUSTRIES NV

LyondellBasell to Permanently Close Houston Refinery by Early 2025 Amid Declining Oil Demand and Industry Challenges

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Monday

04 November, 2024

LyondellBasell's decision to close its Houston refinery by early 2025 marks a pivotal moment in the company's evolution, driven by declining oil demand and the rise of renewable energy. As the industry shifts, can this strategic pivot towards advanced recycling and renewable fuels secure a sustainable future for the company?

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