How LyondellBasell Stands to Benefit From New IMO Rules

The video discusses a 270,000 barrel per day refinery in Houston, Texas, focusing on its ability to process heavy crude and the implications of the International Maritime Organization (IMO) 2020 regulations. The refinery is well-positioned to benefit from changes in crude demand and diesel margins due to its complexity and past investments. The industry faces challenges in compliance and investment, with potential financial upsides projected. The video also highlights the need for equipment changes, such as scrubbers, to handle different crude types.

What potential financial impact does the refinery anticipate from the IMO regulations?

What challenges does the text mention regarding compliance with the new regulations, especially in Asia?