LyondellBasell completes acquisition of Shell oil refinery, associated infrastructure and businesses in France

02-Apr-08
LyondellBasell Industries has completed the purchase of the 105,000 bpd Shell oil refinery and associated infrastructure and businesses at the Berre l'Etang petrochemical complex in France. The refinery is adjacent to a LyondellBasell polyolefins complex at Berre that includes a steam cracker, butadiene extraction unit and world-scale polypropylene and polyethylene plants. LyondellBasell also has a polyethylene plant and a site that produces propylene oxide, MTBE and ETBE nearby at Fos-sur-Mer. LyondellBasell has been the largest customer of the Berre refinery, purchasing naphtha, vacuum gas oil (VGO) and liquefied petroleum gas (LPG) as raw material for its steam cracker. Other refined products include gasoline, diesel, jet fuel, bitumen and heating oil. The acquisition of Shell's Berre refinery will enhance raw material integration for the company's operations in France, supports LyondellBasell's polyolefins business in Europe, and enhance its fuels and chemicals businesses in Europe.
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