LyondellBasell (NYSE:LYB) has restarted to full production the fire-damaged large coker at its 263K bbl/day Houston refinery after completing repairs, Reuters reported Thursday.
The 57K bbl/day 737 coker was shut by a June 14 fire in a heater on the unit, and repairs, which were expected to take at least two weeks to complete, reportedly began on June 15.
The 100-year-old Houston refinery can produce 89K bbl/day of gasoline, 44.5K bbl/day of jet fuel and 92.6K bbl/day of diesel fuel.
Lyondell (LYB) said in April that it planned to permanently close the refinery at the end of 2023 after a buyer could not be found; the coker repairs avoided the risk of an early permanent closure of the refinery.
Reuters reported in June that Lyondell (LYB) would permanently close the refinery ahead of the deadline if a coker or other major unit is shut and unable to quickly return to production.
Stk should go back to $102
LyondellBasell Industries N.V. (LYB)
NYSE -
88.74+2.71(+3.15%)
At close: 04:03PM EDT
The 57K bbl/day 737 coker was shut by a June 14 fire in a heater on the unit, and repairs, which were expected to take at least two weeks to complete, reportedly began on June 15.
The 100-year-old Houston refinery can produce 89K bbl/day of gasoline, 44.5K bbl/day of jet fuel and 92.6K bbl/day of diesel fuel.
Lyondell (LYB) said in April that it planned to permanently close the refinery at the end of 2023 after a buyer could not be found; the coker repairs avoided the risk of an early permanent closure of the refinery.
Reuters reported in June that Lyondell (LYB) would permanently close the refinery ahead of the deadline if a coker or other major unit is shut and unable to quickly return to production.
Stk should go back to $102
LyondellBasell Industries N.V. (LYB)
NYSE -
88.74+2.71(+3.15%)
At close: 04:03PM EDT