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Lyondellbasell Reports Q3 Earnings Per Share $0.33
Lyondellbasell Industries NV Reports Q3 EPS Of $0.33
Lyondell Secures Lake Charles, La. Polypropylene Site As Storm Approaches
LyondellBasell Industries N.V. is a plastics, chemicals and refining company. The Company operates through its Advanced Polymer Solutions segment. It produces olefins and polyethylene (PE) and polypropylene (PP), high density polyethylene (HDPE), low density polyethylene (LDPE) and linear low density polyethylene (LLDPE). It produces PP homopolymers, PP impact copolymers and PP random copolymers. PP compounds are produced from blends of polyolefins and additives and are sold to the automotive and home appliances industries. Its engineered composites are lightweight, materials that are used in infrastructure, aerospace and automotive applications such as headlamps. It also manufactures powders, which is a specialty particle materials used in coatings, rotational molding, toll compounding and other technical applications. Masterbatches is a coloring and additive materials used in the production of paper, paint and plastic goods around the world.
4th Floor, One Vine Street
Jacques Alfred Gilbert Aigrain
Independent Chairman of the Board
Bhavesh V. Patel
Chief Executive Officer, Director
Michael C. McMurray
Chief Financial Officer, Executive Vice President
James D. Guilfoyle
Executive Vice President, Advanced Polymer Solutions & Global Supply Chain
Jeffrey A. Kaplan
Executive Vice President and Chief Legal Officer since March
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South Africa's Sasol <SOLJ.J> said on Friday chemical company LyondellBasell Industries <LYB.N> had agreed to acquire a 50% stake in a unit of its U.S-based business for $2 billion, helping the petrochemicals firm to cut debt.
LyondellBasell Industries <LYB.N> said on Tuesday that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic.
Laura intensified into a strong Category 4 hurricane on Wednesday as it raced over evacuated oil production platforms in the U.S. Gulf of Mexico and took aim at the energy industry's refining hub along the Texas/Louisiana coast.
Lyondell Basell Industries confirmed it extinguished a fire at a hydrotreater on Thursday morning at its 263,776-barrel-per-day (bpd) Houston refinery.
Chemical manufacturer LyondellBasell Industries plans to operate most of its plants between 60% and 80% of their capacity in the second quarter, Chief Executive Bob Patel said on a conference call on Friday.
The gasoline-producing fluidic catalytic cracker (FCC) at Lyondell Basell Industries 263,776 barrel-per-day (bpd) Houston refinery is operating at about 80% of its capacity, said Gulf Coast market sources on Tuesday.
The gasoline-producing fluidic catalytic cracker (FCC) at Lyondell Basell Industries 263,776 barrel-per-day (bpd) Houston refinery is operating at minimum production on Monday after restarting on Sunday, two Gulf Coast market sources said.
Lyondell Basell Industries plans to restart the gasoline-producing fluidic catalytic cracker (FCC) at its 263,776 barrel-per-day (bpd) Houston refinery by early next week, said Gulf Coast market sources.
Lyondell Basell Industries plans to restart the gasoline-producing fluidic catalytic cracker (FCC) at its 263,776 barrel-per-day (bpd) Houston refinery next week, sources familiar with plant operations said on Monday.
Lyondell Basell Industries said maintenance operations were staffed at its Houston refinery to assure safety and reliability.
Lyondell Basell Industries' Houston refinery sent home hundreds of contractors this week to reduce the risk of coronavirus spreading in the plant, Gulf Coast market sources said on Wednesday.
The gasoline-producing fluidic catalytic cracker (FCC) at Lyondell Basell Industries’ 263,776 barrel-per-day (bpd) Houston refinery is expected to remain shut through April after more damage was found inside the unit, Gulf Coast market sources said on Friday.
An extended shutdown of the gasoline-producing fluidic catalytic cracker (FCC) at Lyondell Basell Industries' 263,776 barrel-per-day Houston refinery will impact refining segment returns for the first quarter of this year, Lyondell Chief Executive Bob Patel said on Tuesday.
Houston-based chemical and plastics firm LyondellBasell Industries <LYB.N> said on Friday it had signed "definitive agreements" with a Chinese refiner on a $2.6 billion joint venture to produce petrochemicals in northeast China's Liaoning province.
Lyondell Basell Industries' Houston refinery operated at near full capacity in the fourth quarter of 2019, providing earnings before interest, taxes, depreciation and amortization (EBITDA) of $22 million, Chief Executive Bob Patel said.
Lyondell Basell Industries raised production on the gasoline-producing unit at its 263,776-barrel-per-day (bpd) Houston refinery on Wednesday, Gulf Coast market sources said.
Production remains cut on the small crude distillation unit (CDU) and gasoline-producing unit at Lyondell Basell Industries’ 263,776 barrel-per-day (bpd) Houston refinery, said Gulf Coast market sources on Monday.
LyondellBasell Industries reinstated on Thursday the president of the local United Steelworkers union (USW) representing hourly employees at the company's Houston refinery, according to a statement from the local union.
Lyondell Basell Industries was raising the production level of the small crude distillation unit (CDU) at its 263,776 barrel-per-day Houston refinery on Friday, which was shut earlier in the day, Gulf Coast market sources said.
Workers at Lyondell Basell Industries protested outside the company's Houston refinery on Thursday against the suspension of a local union president in a dispute about safety practices, a United Steelworkers (USW) official said.
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