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LyondellBasell Industries N.V. (LYB)

74.91 Down 4.14(5.24%) 4:01PM EDT
|After Hours : 74.91 0.00 (0.00%) 7:20PM EDT
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LyondellBasell Industries N.V.
LyondellBasell Tower
1221 McKinney Street
Houston, TX 77010
United States - Map
Phone: 713-309-7200

Index Membership:N/A
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:13,000

Business Summary 

LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. The company operates in five segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology. It produces and markets olefins, including ethylene, propylene, and butadiene; polyolefins, which consist of high density polyethylene, low density polyethylene, linear low density polyethylene, and polypropylene (PP); specialty polyolefins comprising PP compounds, catalloy process resins, and polybutene-1 resins; and aromatics, which include benzene. The company also produces and markets propylene oxide (PO); PO co-products, such as styrene monomers and tertiary butyl alcohol; PO derivatives consisting of propylene glycol, propylene glycol ethers, and butanediol; acetyls, including methanol, acetic acid, and vinyl acetate monomers; and ethylene derivatives, such as ethylene oxide, ethylene glycol, ethylene glycol ethers, and ethanol. In addition, it refines gasoline and components, ultra low sulfur diesel, jet fuel, lube oils, and aromatics. Further, the company develops and licenses chemical, polyolefin, and other process technologies, as well as provides associated engineering and other services; and develops, manufactures, and sells polyolefin catalysts. LyondellBasell Industries N.V. was founded in 2005 and is headquartered in Houston, Texas.

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Corporate Governance 
LyondellBasell Industries N.V.’s ISS Governance QuickScore as of Jun 1, 2016 is 2. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 3; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Bhavesh V. Patel , 49
Chairman of the Management Board and Chief Exec. Officer
Mr. Kevin W. Brown , 58
Exec. VP of Manufacturing & Refining and Member of the Management Board
Mr. Jeffrey A. Kaplan , 47
Chief Legal Officer, Exec. VP and Member of the Management Board
Mr. William B. Allen Jr., 52
Principal Accounting Officer and VP of Fin.
Mr. Thomas Aebischer , 55
Chief Financial Officer and Exec. VP
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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