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News Breaks
May 2, 2014
10:21 EDTLYBLyondellBasell says North American ethylene expansion program on schedule
LyondellBasell announced it has received a key permit required in the company's multi-plant ethylene expansion program which, when fully operational, is expected to increase annual ethylene capacity by an estimated 1.85B pounds, for a total estimated capacity of 11.8B pounds in North America. The ethylene expansion program began in 2013 and represents a total investment of approximately $1.3B in the company's Channelview, La Porte and Corpus Christi, Texas plants which benefit from shale gas production. The required plant modifications are well underway at the La Porte facility and are scheduled to be completed this summer. Start-up at the Channelview plant is planned for early 2015. Construction at Corpus Christi is expected to begin during the second half of this year with start-up scheduled for late 2015. Note the company reissued a corrected version of its press release related to this announcement.
News For LYB From The Last 14 Days
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February 27, 2015
14:40 EDTLYBLyondellBasell management to meet with Jefferies
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February 24, 2015
07:01 EDTLYBLyondellBasell appoints departure of CFO Karyn Ovelmen
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February 20, 2015
06:06 EDTLYBGeneral Motors names Craig Glidden as new general counsel
General Motors (GM) announced yesterday that Craig B. Glidden has been appointed executive VP and general counsel, effective March 1. Glidden will lead a team of staff attorneys who are integrated into all of GMs regional and functional teams in more than 30 countries. Glidden succeeds Michael Millikin, who is retiring in July after a nearly four-decade legal career, including five years as GMs general counsel. Before joining GM, Glidden was executive VP and chief legal officer for LyondellBasell Industries (LYB).
February 19, 2015
09:31 EDTLYBLyondellBasell appoints Jeffrey Kaplan as Chief Legal Officer
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February 18, 2015
07:13 EDTLYBLyondellBasell declares interim dividend of 70c
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February 17, 2015
17:13 EDTLYBPoint72 gives quarterly update on stakes
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17:02 EDTLYBSoros Fund Management gives quarterly update on stakes
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10:00 EDTLYBOn The Fly: Analyst Downgrade Summary
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06:07 EDTLYBLyondellBasell downgraded to Neutral from Buy at Citigroup
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