HOUSTON Oct 23 Operations at Lyondell Basell's (LYB.N) 280,390 barrel per day Houston refinery were unaffected by a fire Friday and Saturday in a out-of-service MEK unit scheduled for demolition, a company spokesman said.
"It has not interrupted refinery operations," said Lyondell spokesman David Harpole.
The fire broke out while the unit, which boosts the refinable material in a barrel of crude oil, was being prepared for demolition, Harpole said. No injuries were reported due to the fire. (Reporting by Erwin Seba; Editing by Diane Craft) (firstname.lastname@example.org; +1 713 210 8508; Reuters Messaging: email@example.com))
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With the crucial GDP data scheduled to be announced along with key corporate results, volatility is expected to prevail in the upcoming week. Disappointment on these fronts may push the Nifty down to the 7,200-7,500 range. Once we witness stability and consolidation, investors should increase their exposure, says Ambareesh Baliga. Full article