The United Steelworkers union (USW) said in a letter to members it was misled by Lyondell Basell Industries about possible buyers for the company’s Houston refinery, which the company has set for permanent closure late this year.
Offers made on the refinery when Lyondell was weighing a possible sale in 2021 fell short of the refinery's value, he said.
Velez said on Saturday Lyondell "flat-out" refused to offer redeployment when it announced in April 2022 that the 263,776 barrel-per-day refinery would close by the end of 2023. Petrochemical maker Lyondell began the attempt to find a buyer in 2021 because the refinery is no longer a necessary part of its global plastics manufacturing operations.
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