Tuesday, October 31, 2023

LyondellBasell is joining the HyVelocity Hydrogen Hub!

Happy Halloween and happy Tuesday!  Can you believe Halloween and the end of October are already here?  It seems like it was just Memorial Day and the kids were getting out of school for the summer, but I guess time does speed up as we get older.

Did anyone happen to read The Houston Chronicle on October 31, 2023, their article titled, “Refinery will convert to hydrogen – Soon-to-be-closed LyondellBasell facility will become part of federally funded hub”?  In the article, it goes on to speak about LyondellBasell’s Houston refinery which is along the Houston Ship Channel was set to be retired in 2024, but was delayed until 2025.  On Friday, October 27, 2023, during its earnings call, the company said it will be part of the HyVelocity Hydrogen Hub.   LyondellBasell will be joining Exxon, Chevron, University of Texas at Austin, as well as some other companies and some nonprofits which have been awarded federal funding to help with HyVelocity Hydrogen Hub and the area's transition towards cleaner energy.  LyondellBasell is trying to be part of the change going on in the oil and gas industry as it is trying to be a trendsetter by investing more in recycled plastics and the energy transition.  LyondellBasell joining the HyVelocity Hydrogen Hub was a good fit with what to do with the aging refinery as well as helping it meet its current goals.  If you would like to read more of The Houston Chronicle’s article, please click the link: Lyondell's Houston refinery to be part of DOE hydrogen hub (houstonchronicle.com).

Check out our Blog on October 17th and 18th, 2023, if you would like to learn more about HyVelocity Hydrogen Hub.

If you would like help in looking into how to transport your product efficiently, safely, and with less of a carbon footprint or just find out what is underneath your feet to help with your emission reduction goals, contact us via email in the blog and check out our ESC's website!

We hope you have a wonderful evening and a great rest of your week!  Be safe tonight trick or treating!

GO RANGERS!  Don’ t miss Game 4 of the World Series tonight at 7:03 p.m. C.T.  Better Trick or treat early!

**Disclaimer: You may be charged a fee to read The Houston Chronicle’s article. **