Last $91.25 USD
Change Today +1.70 / 1.90%
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As of 1:03 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

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lyondellbasell indu-cl a (LYB) Details

LyondellBasell Industries N.V., together with its subsidiaries, manufactures chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for production of polymers. Its Olefins and Polyolefins segment offers olefins, including ethylene, propylene, and butadiene; polyolefins, which include 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’s Intermediates and Derivatives segment provides 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; ethylene derivatives, such as ethylene oxide, ethylene glycol, ethylene glycol ethers, and ethanol; and oxyfuels, which include methyl tertiary butyl ether and ethyl tertiary butyl ether. Its Refining segment offers gasoline and components, ultra low sulfur diesel, jet fuel, and lube oils. The company’s Technology segment develops and licenses chemical, polyolefin, and other process technologies, as well as provides associated engineering and other services. This segment also develops, manufactures, and sells polyolefin catalysts. The company operates in Americas, Europe, Asia, and internationally. LyondellBasell Industries N.V. was founded in 2005 and is based in Rotterdam, the Netherlands.

13,300 Employees
Last Reported Date: 02/20/14
Founded in 2005

lyondellbasell indu-cl a (LYB) Top Compensated Officers

Chairman of Management Board, Chief Executive...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $739.9K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $633.9K
Executive Vice President of Olefins & Polyole...
Total Annual Compensation: $562.1K
Executive Vice President of Olefins & Polyole...
Total Annual Compensation: $517.5K
Compensation as of Fiscal Year 2013.

lyondellbasell indu-cl a (LYB) Key Developments

Sotragem Makes Offer for LyondellBasell's Berre Refinery

Sotragem makes offer to acquire LyondellBasell Industries NV’s (NYSE:LYB) refinery at Berre l'Etang near Marseille. Arnaud Montebourg, a French minister stated that the offer included plans for €400 million investment in the plant over three years. LyondellBasell put its refinery up for sale in 2011 and mothballed it in 2012 after failing to find a buyer.

LyondellBasell Begins Turnaround, Expansion at Texas Cracker

LyondellBasell has begun the turnaround and expansion of its LaPorte cracker in Texas. The company is expanding its cracker at the site by 363,000 tonnes/year, giving it a new capacity of 1.152 million tonnes/year of ethylene production.

LyondellBasell Industries NV, Annual General Meeting, Apr 16, 2014

LyondellBasell Industries NV, Annual General Meeting, Apr 16, 2014., at 11:30 Central European Standard Time. Location: Stationsplein 45, 3013AK. Agenda: To elect directors; to elect five individuals to serve as members of the management board; to adopt its Dutch statutory annual accounts for the year ended December 31, 2013; to discharge the sole member of its management board and the members of its supervisory board from liability in respect of the exercise of their duties during the year ended December 31, 2013; to ratify the selection of auditors for the year ending December 31, 2014; to approve the dividends declared in respect of the 2013 fiscal year; to approve its executive compensation; to approve the repurchase of up to 10% of its issued share capital; to authorize the cancellation of shares held in treasury as a result of company repurchases; to discuss such matters as are required under Dutch law, including corporate governance and its dividend policy; and to consider such other business as may properly come before the annual general meeting and any adjournments or postponements thereof.


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