LyondellBasell to revamp Houston refinery

Recently, according to ICIS reports, Ken Lane, executive vice president of LyondellBasell's global olefins and polyolefins business, said that the company's refinery in Houston is a hydrogen and ammonia project that it may jointly develop with other companies on the US Gulf Coast. preferred location.

It is reported that LyondellBasell, Air Liquide, Chevron and Uniper are members of a consortium that is evaluating site selection for projects along the Gulf of Mexico. They are considering the production of blue hydrogen and green hydrogen. Blue hydrogen is made from natural gas and the resulting carbon dioxide is captured. Green hydrogen uses renewable energy to power electrolyzers that split water molecules into hydrogen and oxygen.

The possibility of the refinery becoming a hydrogen hub is further indication that LyondellBasell may scrap plans to sell the refinery site and develop it into a sustainable hub, ICIS said. In September 2021, the company announced that it was considering selling the Houston refinery, and later announced plans to close the refinery by the end of 2023.