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Last $95.16 USD
Change Today -0.79 / -0.82%
Volume 1.1M
LYB On Other Exchanges
New York
As of 5:15 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

lyondellbasell indu-cl a (LYB) Snapshot

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52 Week High
05/8/15 - $107.32
52 Week Low
12/15/14 - $70.06
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Current Stock Chart for LYONDELLBASELL INDU-CL A (LYB)

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lyondellbasell indu-cl a (LYB) Details

LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. The company operates in five segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology. It produces and markets olefins, including ethylene, propylene, and butadiene; polyolefins, which consist of high density polyethylene, low density polyethylene, linear low density polyethylene, and polypropylene (PP); specialty polyolefins comprising PP compounds, catalloy process resins, and polybutene-1 resins; and aromatics, which include benzene. The company also produces and markets propylene oxide (PO); PO co-products, such as styrene monomers and tertiary butyl alcohol; PO derivatives consisting of propylene glycol, propylene glycol ethers, and butanediol; acetyls, including methanol, acetic acid, and vinyl acetate monomers; and ethylene derivatives, such as ethylene oxide, ethylene glycol, ethylene glycol ethers, and ethanol. In addition, it refines gasoline and components, ultra low sulfur diesel, jet fuel, lube oils, and aromatics. Further, the company develops and licenses chemical, polyolefin, and other process technologies, as well as provides associated engineering and other services; and develops, manufactures, and sells polyolefin catalysts. LyondellBasell Industries N.V. was founded in 2005 and is based in Rotterdam, the Netherlands.

13,100 Employees
Last Reported Date: 02/17/15
Founded in 2005

lyondellbasell indu-cl a (LYB) Top Compensated Officers

Chairman of the Management Board and Chief Ex...
Total Annual Compensation: $609.0K
Executive Vice President of Global Olefins & ...
Total Annual Compensation: $609.0K
Compensation as of Fiscal Year 2014.

lyondellbasell indu-cl a (LYB) Key Developments

LyondellBasell Plans to Build Propylene Oxide and Tertiary Butyl Alcohol Plant in Houston

LyondellBasell announced that it is advancing plans to build the large propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area. This project, considered to be the large of its kind, is expected to create up to 2,500 construction jobs and approximately 100 permanent positions. The company will soon begin front-end engineering design work and file environmental permit applications. This phase will also include funding to order long lead-time equipment. The company's complex located in Channelview, Texas was selected as the site for the PO/TBA unit. The Bayport Choate site near Pasadena was selected for an ethers unit which will produce oxy-fuels for high octane gasoline. This project is part of LyondellBasell's previously announced $3 billion to $4 billion expansion effort that will take place on the U.S. Gulf Coast over the next five years.

LyondellBasell Appoints Thomas Aebischer as Executive Vice President and Chief Financial Officer Effective Jan. 1, 2016

LyondellBasell announced that Thomas Aebischer has been appointed Executive Vice President and Chief Financial Officer (CFO) effective Jan. 1, 2016. Thomas is a highly experienced and accomplished leader who brings a global perspective, deep knowledge of financial markets and significant experience at the executive level of large, multinational companies. Mr. Aebischer joins LyondellBasell after having served in a variety of positions, including CFO, over a nearly 20-year career with Holcim. Holcim merged with Lafarge in 2015. In his role as Holcim's CFO, Mr. Aebischer's responsibilities included the company's information technology, accounting and administration, investor relations, risk management and procurement functions. Earlier in his career, Mr. Aebischer held positions with PricewaterhouseCoopers and the Bern cantonal tax authorities in Switzerland. As LyondellBasell's CFO, Mr. Aebischer will be nominated to serve as a member of the company's management board and will be responsible for leading the Company's treasury, information technology, tax, finance and accounting functions. Mr. Aebischer will report directly to Mr. Patel.

LyondellBasell Declares an Interim Dividend, Payable on December 7, 2015

LyondellBasell announced that its management board has declared an interim dividend of $0.78 per share. The interim dividend will be paid December 7, 2015 to shareholders of record November 23, 2015 with an ex-dividend date of November 19, 2015.


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