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LyondellBasell Industries NV (LYB.N)

LYB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lyondellbasell begins construction of Hyperzone PE plant at its La Porte Complex
Monday, 15 May 2017 05:01pm EDT 

May 15 (Reuters) - Lyondellbasell Industries Nv :Lyondellbasell begins construction of Hyperzone PE plant at its La Porte Complex.Hyperzone pe plant is part of Lyondellbasell's plan for $3 billion - $5 billion of investments along U.S. Gulf coast.Startup of plant is planned for 2019.  Full Article

LyondellBasell Q1 profit $2.00/shr from continuing operations
Friday, 28 Apr 2017 06:45am EDT 

April 28 (Reuters) - LyondellBasell Industries NV ::LyondellBasell reports first-quarter 2017 earnings.Q1 earnings per share $2.00 from continuing operations.Q1 earnings per share view $2.36 -- Thomson Reuters I/B/E/S.LyondellBasell Industries NV - "during April, global olefin and polyolefin industry conditions continue to remain favorable".Qtrly sales and other operating revenues $8.43 billion versus $7.75 billion last quarter.Q1 earnings per share view $2.36, revenue view $7.71 billion -- Thomson Reuters I/B/E/S.LyondellBasell-While Q1 maintenance was relatively light for u.s. Ethylene industry, industry schedules show higher planned downtime in Europe, Asia in Q2.  Full Article

Lyondellbasell Industries NV CEO Bob Patel's fy 2016 total compensation was $12.64 mln
Monday, 27 Mar 2017 12:31pm EDT 

Lyondellbasell Industries Nv : CEO Bob Patel's fy 2016 total compensation was $12.64 million versus $24.5 million in fy 2015 - sec filing . Lyondellbasell industries nv - CFO Thomas Aebischer's total compensation for 2016 was $5.3 million - sec filing .CEO Bob Patel's fy 2015 total compensation includes $12.4 million of stock awars and $6.5 million of option awards.  Full Article

BRIEF-Fire on cooling tower at Lyondell Houston refinery -sources
Wednesday, 15 Mar 2017 09:44pm EDT 

Corrects to make clear fire not on crude unit cooling tower.LyondellBasell Industries NV : Fire breaks out on cooling tower at Lyondell Houston refinery, sources say Further company coverage: [IMO.TO] (Reporting by Erwin Seba and Ethan Lou; Editing by Sandra Maler) ((Ethan.Lou@thomsonreuters.com; +1-646-223-8925;)) Keywords: (CORRECTED).  Full Article

Lyondell says working to extinguish fire at Houston refinery
Wednesday, 15 Mar 2017 09:38pm EDT 

LyondellBasell Industries' : Lyondell basell says at about 7pm, a fire occurred in a cooling tower at houston refinery; on-site firefighting team and incident response personnel working to extinguish the fire . Lyondell basell says no injuries due to fire at houston refinery . Related: LyondellBasell says responding to fire at Houston refinery [nL5N1GT04M] . Related: Fire on crude unit cooling tower at Houston refinery [nL2N1GT033] . Refinery capacity: 263,776 barrels per day (Reporting by Arpan Varghese in Bengaluru) ((blrceeditorial@thomsonreuters.com)).  Full Article

Lyondellbasell prices public offering of guaranteed notes
Tuesday, 21 Feb 2017 05:51pm EST 

Lyondellbasell Industries NV : Lyondellbasell prices public offering of guaranteed notes . Lyondellbasell Industries Nv - wholly-owned subsidiary priced public offering of $1 billion aggregate principal amount of 3.500pct guaranteed notes due 2027 .Lyondellbasell Industries NV - offering is expected to close on March 2, 2017.  Full Article

LyondellBasell board authorizes interim dividend of $0.85/shr
Friday, 17 Feb 2017 06:45am EST 

LyondellBasell Industries Nv : LyondellBasell board authorizes interim dividend .LyondellBasell Industries NV - board has authorized company's management board to declare an interim dividend of $0.85 per share.  Full Article

Lyondellbasell board authorizes interim dividend
Friday, 18 Nov 2016 06:45am EST 

Lyondellbasell Industries Nv : Lyondellbasell board authorizes interim dividend .Lyondellbasell Industries Nv - has authorized company's management board to declare an interim dividend of $0.85 per share.  Full Article

Lyondellbasell qtrly earnings per share excluding items $2.45
Friday, 29 Jul 2016 07:00am EDT 

Lyondellbasell Industries Nv : Qtrly earnings per share excluding items $2.45 . During q3, chemical and polyolefin markets thus far have generally been well balanced with trends similar to q2 . "during second half of year our plant maintenance schedule continues to be significant with turnarounds at additional o&p and i&d facilities" . Q2 earnings per share view $2.51, revenue view $7.61 billion -- Thomson Reuters I/B/E/S . Increased q2 2016 interim dividend by 9% to $0.85 per share . Qtrly earnings per share $2.56 . Lyondellbasell says "during q3, chemical and polyolefin markets thus far have generally been well balanced with trends similar to q2" . "within our system, refinery repairs have been completed, and corpus christi ethylene plant expansion is expected to be completed by end of q3" .Qtrly sales and other operating revs $7.33 billion versus $9.15 billion last year.  Full Article

U.S. judge restores intentional fraudulent transfer claim in Lyondell case
Wednesday, 27 Jul 2016 11:36am EDT 

: U.S. judge restores intentional fraudulent transfer claim in connection with lyondell chemical's 2007 leveraged buyout--ruling . U.S. district judge denise cote says claim seeks to claw back about $6.3 billion distributions made to lyondell shareholders via lbo . Judge says claim was made by lyondell's unsecured creditors through their trustee . Cote reverses November 2015 ruling by a federal bankruptcy judge that had dismissed intentional fraud claim.  Full Article

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