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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)

A. Schulman Sets June 14 Special Meeting For Vote On Merger Agreement With LyondellBasell
Wednesday, 18 Apr 2018 

April 18 (Reuters) - A Schulman Inc ::A. SCHULMAN SETS JUNE 14, 2018 SPECIAL MEETING FOR VOTE ON MERGER AGREEMENT WITH LYONDELLBASELL.A SCHULMAN INC - A. SCHULMAN CONTINUES TO EXPECT TRANSACTION TO CLOSE IN SECOND HALF OF CALENDAR YEAR 2018.  Full Article

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

BRIEF-A. Schulman Sets June 14 Special Meeting For Vote On Merger Agreement With LyondellBasell

* A. SCHULMAN SETS JUNE 14, 2018 SPECIAL MEETING FOR VOTE ON MERGER AGREEMENT WITH LYONDELLBASELL