08.09.2016
- Saudi Aramco and its US refining joint venture Motiva Enterprises are being touted as the front-runner to buy the Houston, Texas refinery that LyondellBasell has put up for sale...
25.08.2016
- Japanese firms Showa Denko and JX Nippon Oil & Energy are to acquire the 50% stake held by partner LyondellBasell in their PP joint venture SunAllomer. Financial terms were not...
01.08.2016
- LyondellBasell is to go ahead with plans to build an HDPE plant on the US Gulf Coast based on its newly developed proprietary Hyperzone technology. CEO Bob Patel revealed during a...
28.07.2016
- A US federal judge in New York, Denise Cote, has revived a lawsuit alleging that Lyondell intentionally cheated creditors out of $6.3 billion when it underwent a 2007 leveraged...
28.06.2016
- Chemical stocks took a bigger hit than the broader market on Jun. 27, the first day of trading following the UK’s decision to leave the European Union, analysts said, noting that...
04.05.2016
- LyondellBasell expected to increase production at its 263,000 barrel per day Houston, Texas, refinery this week following the restart of a vacuum distillation (VDU) unit attached...
11.04.2016
- Two fires that broke out at the respective refineries of LyondellBasell and ExxonMobil in the Houston, Texas, area on Apr. 7 and 8 are believed to have caused extensive damage, but...
04.04.2016
- Is there a proven management recipe for turning a chemical industry spinoff into a success story? Camelot Management Consultants analyzed the history and performance of 20 such...