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Texas Refineries Begin Restart Process as Winter Storm Fades
Industry Segment: Petroleum Refining | Word Count: 857 Words
SUGAR LAND--February 23, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--As winter storm Uri fades, remnants of the Arctic blast are still being felt. In Texas, more than 4 million people were left without power in freezing conditions, and several refineries and petrochemical facilities were forced to close due to the weather and a lack of power and natural gas. As the temperatures warm, several plants have begun to restart, a process that could take several days. Industrial Info tracked several units that were brought offline at refineries, mostly in Texas, during the storm.
Companies featured: Valero Energy Corporation (NYSE:VLO), LyondellBassell Industries NV (NYSE:LYB), Exxon Mobil Corporation (NYSE:XOM), Marathon Petroleum Corporation (NYSE:MPC), Chevron Corporation (NYSE:CVX)
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