|Day's Range||81.0100 - 82.5800|
|52 Week Range||69.8200 - 97.6400|
|PE Ratio (TTM)||9.34|
|Dividend & Yield||3.40 (4.23%)|
|1y Target Est||N/A|
On May 15, 2017, LyondellBasell Industries (LYB) said it's set to build a polyethylene plant at its La Porte, Texas, facility.
LyondellBasell Industries NV (LYB) broke ground May 15 on its new polyethylene plant near Houston. The Hyperzone plant, located at LyondellBasell's existing manufacturing complex in La Porte, Texas, is set to hire for 1,000 positions at the peak of construction and 75 more permanent jobs once it enters service, according to a company press release. The new facility uses LyondellBasell's Hyperzone technology, which the company says produces stronger, lighter and more durable polyethylene at a cost-effective level.
LyondellBasell (LYB) has started the construction of its first commercial Hyperzone polyethylene (PE) plant at its La Porte complex.