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LyondellBasell Industries NV (LYB.N)

LYB.N on New York Stock Exchange

108.61USD
16 Feb 2018
Change (% chg)

$-1.36 (-1.24%)
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$109.97
Open
$109.80
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Latest Key Developments (Source: Significant Developments)

Lyondellbasell and Suez Purchase European Plastics Recycling Company ‍enters into agreement to purchase 50 pct stake in Quality Circular Polymers
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Lyondellbasell Industries Nv ::LYONDELLBASELL AND SUEZ PURCHASE EUROPEAN PLASTICS RECYCLING COMPANY.LYONDELLBASELL - ‍ENTERED INTO DEFINITIVE AGREEMENT TO PURCHASE 50 PERCENT STAKE IN QUALITY CIRCULAR POLYMERS, A PLASTICS RECYCLING COMPANY IN NETHERLANDS​.LYONDELLBASELL INDUSTRIES - ‍UNDER TERMS OF AGREEMENT, LYONDELLBASELL WILL BE A 50 / 50 PARTNER IN QCP WITH SUEZ​.  Full Article

LyondellBasell board authorizes quarterly dividend
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - LyondellBasell Industries NV :LyondellBasell board authorizes quarterly dividend.LyondellBasell Industries NV - ‍supervisory board has authorized company's management board to declare a dividend of $0.90 per share​.  Full Article

LyondellBasell makes takeover approach to Braskem - WSJ
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Braskem Sa :LyondellBasell makes takeover approach to Braskem - WSJ, citing sources.LyondellBasell deal could value the brazilian petrochemical company at well over $10 billion- WSJ‍​.  Full Article

Lyondellbasell Q3 earnings per share $2.67 from continuing operations
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Lyondellbasell Industries Nv :Lyondellbasell Industries NV - qtrly ‍sales and other operating revenues $8.52 billion versus $7.37 billion .Lyondellbasell reports third quarter 2017 earnings.Q3 earnings per share $2.67 from continuing operations.Q3 earnings per share view $2.48 -- Thomson Reuters I/B/E/S.Lyondellbasell - ‍estimate that lost sales volumes valued at q3 margins, additional related costs due to hurricane harvey storm impacted q3 results by about $200 million​.Lyondellbasell Industries NV - ‍ expect global markets will remain tight to balanced for remainder of 2017.Lyondellbasell Industries NV - ‍ expect the industry will be better positioned to absorb capacity additions during 2018​.Lyondellbasell - ‍hurricane harvey reduced inventories across petrochemical industry.Lyondellbasell - ‍hurricane harvey contributed to further delays in startup of new u.s. Ethylene & derivative capacity​.  Full Article

Fluor awarded contract by LyondellBasell
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Fluor Corp :Fluor awarded contract for world’s largest propylene oxide and tertiary butyl alcohol plant.Fluor Corp - ‍Fluor booked undisclosed contract value into backlog in Q3 of 2017​.Fluor Corp- ‍ was selected by Lyondellbasell to perform engineering and procurement for its propylene oxide and tertiary butyl alcohol project​.  Full Article

LyondellBasell posts Q3 earnings of $2.31/shr from continuing operations
Tuesday, 1 Nov 2016 

LyondellBasell Industries NV: LyondellBasell reports third-quarter 2016 earnings . Q3 earnings per share $2.31 from continuing operations . Q3 earnings per share view $2.32 -- Thomson Reuters I/B/E/S . Qtrly sales and other operating revenues $7,365 million versus $7,328 million of the previous quarter . Q3 2016 EBITDA was $1.6 billion .Q3 revenue view $7.38 billion -- Thomson Reuters I/B/E/S.  Full Article

Lyondellbasell qtrly earnings per share excluding items $2.45
Friday, 29 Jul 2016 

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 

: 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

LyondellBasell authorizes interim dividend of $0.85 per share
Friday, 22 Jul 2016 

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

Lyondellbasell Industries says Principal Accounting Officer has decided to leave co
Tuesday, 7 Jun 2016 

Lyondellbasell Industries Nv : William Allen, Vice President - Finance And Principal Accounting Officer Has Decided To Leave Co Effective At End Of June Source (http://bit.ly/1UcH26k) Further company coverage: [LYB.N] ((Bengaluru Newsroom; +1 646 223 8780;)).  Full Article

LyondellBasell doubles plastics business with $2.24 billion Schulman deal

(This version of the Feb 15 story corrects dollar amount in headline and paragraph 5)