Lyondell's Buyout of Citgo Puts Ready Refining Capacity in Chemical Company's Control

摘要

Lyondell's acquisition of Citgo's share of their jointly owned Houston refinery was a game-changing move for the U.S. chemical company. Lyondell's full ownership began in August last year, and since then, the result has been a "very large impact" on earnings and on sales revenue, the company's chief executive said.