Edition:
United States

LyondellBasell Industries NV (LYB)

LYB on New York Consolidated

77.61USD
24 May 2019
Change (% chg)

$-1.04 (-1.32%)
Prev Close
$78.65
Open
$79.43
Day's High
$79.52
Day's Low
$77.53
Volume
973,498
Avg. Vol
2,496,028
52-wk High
$119.39
52-wk Low
$77.52

Latest Key Developments (Source: Significant Developments)

LyondellBasell Industries - Entered Three-Year Credit Agreement
Friday, 29 Mar 2019 05:18pm EDT 

March 29 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL INDUSTRIES - ENTERED THREE-YEAR CREDIT AGREEMENT THAT PROVIDES FOR A $4.0 BILLION SENIOR UNSECURED DELAYED DRAW TERM LOAN CREDIT FACILITY.LYONDELLBASELL INDUSTRIES - $4.0 BILLION SENIOR UNSECURED DELAYED DRAW TERM LOAN CREDIT FACILITY MATURES ON MARCH 29, 2022 - SEC FILING.LYONDELLBASELL INDUSTRIES NV - BORROWINGS UNDER CREDIT AGREEMENT MAY BE MADE ON UP TO SIX OCCASIONS BETWEEN CLOSING DATE AND DEC. 31, 2019.  Full Article

Lyondellbasell Industries Says CEO Patel's FY 2018 Compensation Was $18.2 Mln
Thursday, 28 Mar 2019 04:44pm EDT 

March 28 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL INDUSTRIES NV - CEO BOB PATEL'S FY 2018 COMPENSATION WAS $18.2 MILLION VERSUS $17.6 MILLION IN FY 2017.LYONDELLBASELL INDUSTRIES NV - CFO THOMAS AEBISCHER'S FY 2018 COMPENSATION WAS $4.6 MILLION VERSUS $4.0 MILLION IN FY 2017.LYONDELLBASELL INDUSTRIES NV - RATIO OF 2018 ANNUAL TOTAL COMPENSATION OF CEO TO ANNUAL TOTAL COMPENSATION OF GLOBAL MEDIAN EMPLOYEE IS 159 TO 1.  Full Article

LyondellBasell Reports Q4 Earnings Per Share $1.79
Friday, 1 Feb 2019 06:30am EST 

Feb 1 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL REPORTS 2018 EARNINGS.Q4 EARNINGS PER SHARE $1.79.Q4 EARNINGS PER SHARE ESTIMATE $2.26 -- REFINITIV IBES DATA.QTRLY SALES AND OTHER OPERATING REVENUES $8,876 MILLION VERSUS $9,135 MILLION.LYONDELLBASELL INDUSTRIES - GLOBAL POLYETHYLENE CAPACITY ADDITIONS EXPECTED TO MODERATE DURING 2019 & 2020.LYONDELLBASELL INDUSTRIES - PLANNED STARTUP OF HYPERZONE POLYETHYLENE PLANT & CONTINUED CONSTRUCTION ON NEW PO/TBA PLANT ON TRACK FOR COMPLETION IN 2021.GLOBAL POLYETHYLENE CAPACITY ADDITIONS ARE EXPECTED TO MODERATE DURING 2019 AND 2020.LYONDELLBASELL INDUSTRIES -Q4 RESULTS IMPACTED BY EXTRAORDINARY FALL IN PRICE OF CRUDE OIL,UNUSUAL OPERATIONAL EVENTS & VERY DIFFICULT REFINING MARKET.LYONDELLBASELL INDUSTRIES - HIGH U.S. GASOLINE INVENTORIES AND UNUSUALLY WEAK DISCOUNTS FOR MAYA CRUDE OIL PRESSURED Q4 REFINING MARGINS.LYONDELLBASELL - "WELL POSITIONED TO CAPTURE BENEFITS OF EXPECTED REFINING MARKET IMPROVEMENTS WITH NO PLANNED MAINTENANCE AT REFINERY IN 2019/2020".  Full Article

LyondellBasell Subsidiary A. Schulman Inc Announces Convertible Special Stock Dividend
Friday, 4 Jan 2019 06:30am EST 

Jan 4 (Reuters) - LyondellBasell Industries NV ::A. SCHULMAN, INC., A LYONDELLBASELL SUBSIDIARY, ANNOUNCES CONVERTIBLE SPECIAL STOCK DIVIDEND.LYONDELLBASELL INDUSTRIES NV - A . SCHULMAN INC DECLARED QUARTERLY DIVIDEND OF $15/SHARE FOR A. SCHULMAN'S CONVERTIBLE SPECIAL STOCK.  Full Article

Lyondellbasell Industries Reports Q2 Earnings Per Share Of $4.22
Friday, 3 Aug 2018 06:30am EDT 

Aug 3 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL REPORTS SECOND QUARTER 2018 EARNINGS.Q2 EARNINGS PER SHARE $4.22.Q2 EARNINGS PER SHARE VIEW $2.92 -- THOMSON REUTERS I/B/E/S.QTRLY SALES AND OTHER OPERATING REVENUES $10,206 MILLION VERSUS $8,403 MILLION.QUARTER INCLUDED $346 MILLION NON-CASH TAX SETTLEMENT.Q2 REVENUE VIEW $9.37 BILLION -- THOMSON REUTERS I/B/E/S.LYONDELLBASELL INDUSTRIES - NON-CASH TAX SETTLEMENT IN QUARTER INCREASED EARNINGS BY $0.88 PER SHARE.  Full Article

LyondellBasell Says Some Units Entered Amendment To $900 Mln Structured Accounts Receivable Facility
Friday, 27 Jul 2018 05:53pm EDT 

July 27 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL - ON JULY 24, SOME UNITS ENTERED INTO AMENDMENT TO $900 MILLION STRUCTURED ACCOUNTS RECEIVABLE RECEIVABLES FACILITY ORIGINATED IN SEPT 2012.LYONDELLBASELL - RPA THIRD AMENDMENT EXTENDS TERM OF RECEIVABLES FACILITY TO JULY 23, 2021 - SEC FILING.  Full Article

Lyondellbasell Says Robert Gwin, Chairman Of Its Board Of Directors, Will Resign From Board
Tuesday, 24 Jul 2018 06:30am EDT 

July 24 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL INDUSTRIES NV - ROBERT G. GWIN, CHAIRMAN OF ITS BOARD OF DIRECTORS, WILL RESIGN FROM BOARD.LYONDELLBASELL INDUSTRIES NV - JACQUES AIGRAIN, CURRENTLY VICE CHAIRMAN, WILL SUCCEED GWIN AS CHAIRMAN.  Full Article

Lyondellbasell Receives EU Antitrust Clearance For Acquisition Of A. Schulman
Wednesday, 27 Jun 2018 12:03pm EDT 

LyondellBasell Industries NV ::LYONDELLBASELL RECEIVES EU ANTITRUST CLEARANCE FOR ACQUISITION OF A. SCHULMAN.LYONDELLBASELL INDUSTRIES NV - TRANSACTION IS EXPECTED TO CLOSE IN SECOND HALF OF 2018.  Full Article

Lyondellbasell JV To Expand South Korea Polypropylene Capacity By 400,000 Tons/Year
Monday, 25 Jun 2018 06:30am EDT 

June 25 (Reuters) - LyondellBasell Industries NV ::POLYMIRAE, A LYONDELLBASELL JOINT VENTURE, TO EXPAND ITS POLYPROPYLENE CAPACITY BY 400,000 TONS/YEAR IN SOUTH KOREA.LYONDELLBASELL INDUSTRIES NV - CONSTRUCTION ON JV'S PROJECT WILL BEGIN IN JANUARY 2019 AND OPERATIONS AT PLANT WILL BEGIN IN FIRST HALF OF 2021.  Full Article

LyondellBasell Sets Quarterly Dividend Of $1 Per Share
Friday, 1 Jun 2018 06:30am EDT 

June 1 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL ANNOUNCES QUARTERLY DIVIDEND AND SHAREHOLDER APPROVAL OF NEW SHARE REPURCHASE PROGRAM.LYONDELLBASELL INDUSTRIES NV <<>> SETS QUARTERLY DIVIDEND OF $1.00/SHR.LYONDELLBASELL INDUSTRIES - SHAREHOLDERS APPROVED SHARE REPURCHASE PROGRAM AUTHORIZING CO TO REPURCHASE UPTO 10 PERCENT OF SHARES OVER NEXT 18 MONTHS.LYONDELLBASELL INDUSTRIES - SHAREHOLDERS APPROVED AMENDMENTS TO ARTICLES OF ASSOCIATION TO IMPLEMENT TRANSITION FROM DUAL BOARD STRUCTURE TO UNITARY BOARD.  Full Article

UPDATE 1-Braskem looks at options for possible Alagoas mining stoppage -CEO

SAO PAULO, May 9 Brazilian petrochemical company Braskem SA is preparing alternatives in the event the company is forced to stop its mining activities in the northeastern state of Alagoas, its chief executive officer said on Thursday.