LyondellBasell has agreed to purchase a 50% stake in Netherlands-based plastics recycling firm Quality Circular Polymers (QCP). The remaining 50% stake in the plastics recycling firm will be owned by French water and waste management firm ...
Tags: plastic products, food packaging
LyondellBasell has announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.90 per share, representing a 5.9 percent increase over the company's first quarter 2017 dividend. The ...
Tags: LyondellBasell, plastics
Chemical maker LyondellBasell has announced its plan to build new high density polyethylene (HDPE) plant in La Porte, Texas, US. The plant, which will feature LyondellBasell's new Hyperzone PE technology, will produce ethylene, propylene, ...
Tags: LyondellBasell, HDPE plant, LLDPE, LDPE
LyondellBasell has announced its plan to move ahead with the construction of a high density polyethylene (HDPE) plant on the US Gulf Coast. Scheduled to be commissioned in 2019, the plant is expected to have an annual production capacity ...
Tags: LyondellBasell, HDPE
The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
LyondellBasell, one of the world's largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys (Zylog) of ...
Tags: LyondellBasell, PP compounds
LyondellBasell subsidiary Equistar Chemicals has ended a force majeure declaration on polypropylene produced by its Bayport Polymers facility in Pasadena, Texas, the company said in a letter to its customers Tuesday. The force majeure was ...
Tags: polypropylene, Polymers, Chemicals
LyondellBasell issued a force majeure declaration on vinyl acetate monomer and glacial acetic acid supplies from its La Porte, Texas, facility after a turnaround revealed equipment issues, the company said in a letter to customers seen by ...
Tags: Lyondellbasell, vinyl acetate monomer, glacial acetic acid
NYSE-listed LyondellBasell Industries said it posted second consecutive quarter of record earnings, while its EBITDA crossed $2 billion for the first time in the third quarter of 2014. Earnings from continuing operations for the third ...
Tags: chemicals producer, ethylene market, Textile
NYSE-listed and global manufacturer of chemicals and petrochemicals, LyondellBasell, said it is assessing further ethylene capacity expansion feasibility at its petrochemical plant in Channelview, Texas. LyondellBasell said it is ...
Tags: LyondellBasell, Output, Textile
LyondellBasell announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of $0.70 per share. The interim dividend will be paid Sept. 8, 2014 to shareholders of record Aug. 25, 2014, ...
Tags: LyondellBasell, Dividend, Textile
LyondellBasell Industries announced earnings from continuing operations for the second quarter 2014 of $2.22 diluted earnings per share, or $1.17 billion. Second quarter 2014 EBITDA was $1.94 billion. The increase from the first quarter ...
Tags: LyondellBasell, Q2 Ebitda, Textile
The June US butadiene contract price settled down 2-3 cents/lb from May at a 65-76 cents/lb ($1,433-$1,675/mt) split, sources said Monday. TPC Group, Shell Chemicals and LyondellBasell each were 3 cents lower than May at 65 cents/lb, ...
Tags: Butadiene, Shell Chemicals
A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...