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LyondellBasell sells former Houston refinery site for $320.5 million

Oct 30, 2026 10:25 (4h ago)

Verifying

LyondellBasell agreed to sell its former Houston Refinery site and related assets to Valero Refining-Texas.
$320.5 million is the total purchase price, with Valero assuming specified liabilities and obligations.
Valero expects to close in fourth-quarter 2026, pending approvals and customary closing conditions.