LyondellBasell Industries N.V. (NYSE:LYB) expects to sell its Houston refinery in the ?coming quarter or two,? said Chief Executive Officer Bob Patel during a conference on October 29, 2021 call with Wall Street analysts. The chemical maker said on September 8, 2021 it was considering strategic options for the refinery, located on the Houston Ship Channel. Lyondell tried to sell the refinery in 2016 but was stymied by unit fires and multiple unit shutdowns before it took the plant off the market in a dispute over price. ?Our aim is to move towards the transaction in the coming quarter or two,? Patel said. ?We still continue to believe that the best value that this refinery can create is by being part of a system where it can be optimized from crude purchasing to logistics, to the coproduct processing?.