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News Breaks | | | | March 1, 2013 | | 12:08 EDT |  | LYB | LyondellBasell CEO says studying cracker MLP, Houston Biz Journal says
Jim Gallogly, the CEO of LyondellBasell (LYB), said the hasn’t made any decisions but is studying the possibility of converting an ethylene cracker to a Master Limited Partnership, or MLP, structure, according to an interview in the Houston Business Journal. Shares of LyondellBasell are off their earlier lows and up 3% to $60.45 near noon. Reference Link | |
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News For LYB From The Last 14 Days Check below for free stories on LYB the last two weeks. |
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| May 21, 2013 | | 07:28 EDT |  | LYB | Goldman to host a conference
 Subscribe for More Information | | | 07:26 EDT | | LYB | Barclays to host a conference
Subscribe for More Information | | | May 20, 2013 | | 08:04 EDT | | LYB | BofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
Subscribe for More Information | | | May 15, 2013 | | 17:26 EDT |  | LYB | Third Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). | | | 14:31 EDT | | LYB | LyondellBasell to shut down HDPE unit in Germany during Q3
LyondellBasell announced that it will shut down a high density polyethylene unit in Wesseling, Germany in the third quarter. The 100 KT per year unit is among the smallest and least efficient of the LyondellBasell HDPE units in Europe. The company has sufficient HDPE capacity to meet customer needs from its larger scale facilities. "LyondellBasell continues to take definitive steps to reorganize our operations in Europe to increase efficiency, reduce costs and improve the competitiveness of our businesses," said Bob Patel, Senior Vice President, Olefins & Polyolefins, Europe, Asia and International. "The closure of under-competitive assets, along with the restructuring and efficiency-improvement initiatives in our business areas, manufacturing and R&D, will better position LyondellBasell to compete in today's economic environment." | | | May 13, 2013 | | 10:09 EDT |  | LYB | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 05:49 EDT | | LYB | LyondellBasell upgraded to Buy from Neutral at Citigroup
Subscribe for More Information | | | May 7, 2013 | | 07:25 EDT | | LYB | Barclays to host a conference
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