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Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery: sources

Saudi Aramco IPO-ARMO.SE and its U.S. refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery, according to three sources familiar with the matter. An announcement of the sale by Lyondell is expected this week, the sources said. Lyondell spokesman Michael Waldron declined on Monday to discuss…

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