Lyondell hearing on closure of Chocolate Bayou plant pushed back

By Jennifer Lanning Drey

Portland, Ore., July 21 - Lyondell Chemical Co.'s hearing for court approval to shut down and eventually demolish its Chocolate Bayou polymers facility was adjourned to Aug. 11 by the U.S. Bankruptcy Court for the Southern District of New York, according to a Tuesday filing.

As previously reported, Lyondell is also looking to reduce the workforce at the Brazoria County, Texas, facility.

Lyondell is a U.S. subsidiary of LyondellBasell, a Netherlands-based polymer, petrochemicals and fuels company. LyondellBasell's U.S. operations and one of its European holding companies filed for bankruptcy on Jan. 6, 2009. The Chapter 11 case number is 09-10023.

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