# LyondellBasell sells former Houston refinery site to Valero Energy for $320.5M

LyondellBasell agreed to sell its former Houston refinery site to Valero Energy for $320.5 million; Valero will take over operations and environmental liabilities.

- Type: Acquisition
- Announced: 2026-10-16
- Where: Houston, Texas, United States
- Value: $320.5M
- Status: announced
- Products: refinery
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (target)
- [Valero Energy](https://endata.com/companies/4106.md) (acquirer)

## Sources

- [indianchemicalnews.com](https://www.indianchemicalnews.com/ma), 2026-10-16: "Valero will take over responsibility for ongoing operations and environmental liabilities at the location."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.