LyondellBasell Industries NV is a leading global chemical company focused on the production of plastics, chemicals, and refining products. The company's mission is to create sustainable solutions that enhance the quality of life while minimizing environmental impact. LyondellBasell employs a strategy centered on innovation, operational excellence, and strategic partnerships to drive growth and efficiency. With a diverse portfolio of products, including polyolefins and advanced polymer solutions, the company operates numerous manufacturing facilities worldwide, ensuring a reliable supply chain and commitment to safety and sustainability in all its operations.

LYONDELLBASELL INDUSTRIES NV

LyondellBasell Industries is making significant changes as it prepares for the closure of its historic Houston refinery, the oldest in the city, which has been operational since 1918. The company announced plans to initiate layoffs at the facility starting around April 17, 2025, as notified to the United Steelworkers union....

LyondellBasell to Begin Layoffs at Shuttered Houston Refinery Amid Industry Shifts and Declining Fuel Demand

LyondellBasell is making a pivotal shift by closing its historic Houston refinery, a decision driven by declining fuel demand and the high costs of modernization. As the energy landscape evolves, can traditional fuel producers adapt fast enough to remain competitive?