LyondellBasell to Close French Refinery; Workers Vote to Strike

LyondellBasell announced today that it intends to close its 105,000 bbl/day refinery at Berre, France, following an unsuccessful attempt to sell the asset. LyondellBasell put the refinery up for sale earlier this year but it has not had any offers to buy the unit. The company, through Compagnie Petrochimique de Berre, the refinery operator, will in October initiate consultations with the works councils,"as defined under French law," on a project to cease refinery operations. "After conducting a thorough sales offering that included...

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