The refinery, with production capacity of 105,000 barrels per day, is adjacent to a LyondellBasell polyolefins complex at Berre that includes a steam cracker, butadiene extraction unit and polypropylene and polyethylene plants.
Volker Trautz, CEO of LyondellBasell, said: The acquisition of the Berre refinery enhances raw material integration for our operations in France and supports our polyolefins business in Europe. Furthermore, this transaction puts us in a better position to build upon our fuels and chemicals businesses in Europe.
