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Valero to Buy Shuttered Lyondell Houston Refinery for $320.5 Million

Valero Energy agreed to buy the former LyondellBasell Houston refinery for $320.5 million. It hopes to restart the facility next year; the refinery shut in March 2025.

VLOLYB
SquawkNews Desk

* Valero Energy will pay $320.5 million for the LyondellBasell Houstonrefinery.* The company hopes to restart the facility sometime next year.* The refinery had an estimated crude processing capacity of 289,000 b/dbefore its March 2025 shutdown.Valero Energy said it agreed to buy the former Houston…

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