View Cart (0 items)
Oil & Gas

Lyondell to shut down Houston refinery for 10 days

April 09, 2007
/ Print / Reprints /
| Share More
/ Text Size+

Lyondell Chemical Co. will shut down a gasoline-producing unit at its Houston refinery for about 10 days'' maintenance, booking a charge to earnings, the Associated Press reports. The shutdown of its fluid catalytic cracking unit, which breaks down crude oil into refined products, is expected to reduce the company''s second-quarter results by $20 million to $30 million, before taxes. Lyondell said it would make minor adjustments to newly installed equipment at the unit. The Houston refinery processes gasoline, diesel, benzene and other chemicals.

You must login or register in order to post a comment.