8-KItem 7.01 · Reg FD DisclosureItem 8.01 · Other EventsItem 9.01 · Financial Statements
Valero to Buy Former LyondellBasell Houston Refinery for $320.5 Million
Filed with the SEC on · Summarized by InvestorsBot
Valero agreed on October 29, 2026, to acquire LYB Houston Hub Holdings from a LyondellBasell subsidiary for $320.5 million, subject to closing adjustments and regulatory approval, with completion expected by the end of 2026. The approximately 700-acre facility next to Valero’s Houston refinery is expected to restart 165,000 barrels per day of light sweet crude processing capacity by year-end 2027, with potential later investment in heavy sour crude processing.