LyondellBasell agrees to sell former Houston refinery site to Valero for $320.5 million

LYB•2026-10-30

LyondellBasell agreed to sell its former Houston refinery site and related assets to Valero for $320.5 million. Valero will assume site operations, environmental liabilities and pension costs, and the deal is expected to close in the fourth quarter of 2026.

LyondellBasell agrees to sell former Houston refinery site to Valero for $320.5 million

1. Sale agreement

2. Workforce and timing

Related News

Deutsche Bank cuts Equinix target price to $1,218 from $1,270

SkyWest target price cut to $105 from $130 by Deutsche Bank

Mastech Digital Q3 net income falls 99% year over year to $7,000

DXC Technology Company: BMO raises target price to $14 from $11

Sensient Technologies Q3 revenue rises on higher prices, volume