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Fire Damage Shuts LyondellBasell Crude Unit 4wks

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Charles Randall

Fire Damage Shuts LyondellBasell Houston Crude Unit for 4 Weeks

HOUSTON, Texas, May 20, 2010 LyondellBasell today announced that it expects a crude distillation unit at its Houston refinery to be out of service for approximately four weeks to repair damage sustained in a fire on May 17.  No other operating units were damaged in the fire, which was extinguished in less than one hour, and there were no injuries.
The refinery has two crude distillation units designed to process very heavy crude oil.  One distillation unit will operate while the unit involved in the fire is being repaired.  Each unit is capable of processing approximately 50 percent of the refinery’s stated crude consumption capacity of 268,000 barrels per day on a calendar day basis.  The refinery’s configuration enables LyondellBasell to maintain production of finished fuel products through the operation of downstream processing units while crude distillation units are out of service.  
LyondellBasell is one of the world’s largest plastics, chemical and refining companies.  The company manufactures products at 59 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.  
About LyondellBasell
 LyondellBasell is the world’s third-largest independent chemical company with 2009 sales of $30.8 billion.  The company manufactures products at 59 sites in 18 countries, including joint ventures.  Approximately 54 percent of 2009 revenues were generated from sales in North America, 35 percent from sales in Europe and 11 percent from sales in the rest of the world.  Key uses for LyondellBasell’s products include rigid and flexible packaging, transportation fuels, containers, plastic pipe, detergents, cosmetics, electronics, appliances, automotive parts, paints and coatings, furnishings, construction and building materials and other industrial and consumer goods applications.  LyondellBasell operates in five business segments: Olefins and Polyolefins Americas; Olefins and Polyolefins Europe, Asia, International; Intermediates & Derivatives; Refining and Oxyfuels; and Technology.

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