MOSCOW (MRC) -- Lyondell Basell Industries is preparing to raise production at its 263,776-barrel-per-day (bpd) refinery after receiving a crude shipment and having sulfur hauled away on barges, reported Reuters with reference to sources.
Lyondell cut production at its Houston refinery by at least 14% at the Houston refinery on Monday because it could not ship out sulfur on barges while the upper Houston Ship Channel was closed by a chemical spill, the sources said.
The crude shipment to the refinery was received in Texas City, Texas, at the south end of ship channel, which is unaffected by the spill. The crude will be sent by pipeline to the refinery, the sources said. Sulfur has been hauled away on barges on Wednesday.
The company was awaiting another crude shipment before boosting production, the sources said.
As MRC wrote previously, in September 2016, LyondellBasell selected its La Porte, Texas, manufacturing complex as the site for a new high density polyethylene (HDPE) plant. The plant will be the first commercial plant to employ LyondellBasell's new proprietary Hyperzone PE technology and will have an annual capacity of 1.1 billion pounds (500,000 metric tons). Construction began in early 2017 with start-up planned for 2019.
LyondellBasell is one of the world's largest plastics, chemical and refining companies. The company manufactures products at 57 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies.
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