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LyondellBasell8-K: Divestiture

LyondellBasell enters agreement to sell Houston Refining subsidiary to Valero for $320.5 million

What happened

LyondellBasell agreed to sell its wholly owned subsidiary Houston Refining, L.P. to a subsidiary of Valero Energy Corporation for $320.5 million, with closing expected in Q4 2026. This divestiture may prompt demand for legal, environmental remediation, and asset separation advisory services.

Source

SEC EDGAROct 30, 2026

Current report (Form 8-K)

LyondellBasell 8-K

Filing excerpt

On October 29, 2026, the Company entered into an agreement with a subsidiary of Valero Energy Corporation to sell the Company’s wholly owned subsidiary, Houston Refining, L.P., which owns the former Houston refinery site and related assets, for a purchase price of $320.5 million.

sec.gov/Archives/edgar/data/1489393/000148939326000067/lyb-20261029.htmRead the full source

Other signals in this filing (1)

Extracted by Autobound

From the Signal API record
Signal
8-K: Divestiture

What this signalsFilings often name leadership changes, deals and spending plans.

Form
8-K
Fiscal year end
10/29
Filed
Oct 30, 2026

The full record

From the Signal API record

Numbers

Dollar figure
$321M (purchase price to sell Houston Refining, L.P. to Valero subsidiary)

Details

CIK
1489393
Accession number
0001489393-26-000067
Timeframe
Current quarter
Filing year
2026
Why it matters
Carve-out support needed
Signal category
Strategic

Topics and mentions

Regions named

  • Houston

Extraction

Confidence
High
Relevance
85%
Sentiment
Positive
Detected
Nov 3, 2026
signal_type
sec-8k
signal_subtype
divestiture

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This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a70dab28-36d1-4e7a-a0e6-6557117a5566 returns this record as JSON. POST /v1/companies/enrich returns every signal for lyondellbasell.com.

{
  "signal_id": "a70dab28-36d1-4e7a-a0e6-6557117a5566",
  "signal_type": "sec-8k",
  "signal_subtype": "divestiture",
  "detected_at": "2026-11-03T07:16:30.299+00:00",
  "company": {
    "name": "LyondellBasell",
    "domain": "lyondellbasell.com"
  },
  "data": {
    "detail": "LyondellBasell agreed to sell its wholly owned subsidiary Houston Refining, L.P. to a subsidiary of Valero Energy Corporation for $320.5 million, with closing expected in Q4 2026. This divestiture may prompt demand for legal, environmental remediation, and asset separation advisory services.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "purchase price to sell Houston Refining, L.P. to Valero subsidiary",
      "dollar_millions": 320.5
    },
    "summary": "LyondellBasell enters agreement to sell Houston Refining subsidiary to Valero for $320.5 million",
    "excerpts": "On October 29, 2026, the Company entered into an agreement with a subsidiary of Valero Energy Corporation to sell the Company’s wholly owned subsidiary, Houston Refining, L.P., which owns the former Houston refinery site and related assets, for a purchase price of $320.5 million.",
    "relevance": 0.85,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1489393/000148939326000067/lyb-20261029.htm",
    "filing_date": "2026-10-30",
    "filing_year": 2026,
    "fiscal_year_end": "10/29",
    "sales_relevance": "Carve-out support needed",
    "signal_category": "strategic",
    "regions_mentioned": [
      "Houston"
    ]
  }
}

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