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Last updated on April 24, 2014 at 17:35 EDT

Latest Basell Polyolefins Stories

2013-02-14 08:20:39

ROTTERDAM, Netherlands, Feb. 14, 2013 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the pricing of an underwritten public offering of 25 million ordinary shares by certain selling shareholders that are affiliates of Apollo Management Holdings L.P. The offering is expected to close Feb. 19, 2013, subject to the satisfaction of customary closing conditions. The selling shareholders have agreed to a lock-up (subject to certain exceptions) for a period of 30 days after the date of...

2013-02-13 16:23:27

ROTTERDAM, Netherlands, Feb. 13, 2013 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the commencement of an underwritten public offering of 25 million ordinary shares by certain selling shareholders that are affiliates of Apollo Management Holdings L.P. The selling shareholders will agree to a lock-up (subject to certain exceptions) for a period of 30 days after the date of the prospectus supplement for the offering. LyondellBasell will not receive any proceeds from the...

2013-02-13 08:23:21

ROTTERDAM, Netherlands, Feb. 13, 2013 /PRNewswire/ -- LyondellBasell (NYSE: LYB) Senior Vice President of Strategic Planning and Transactions Sergey Vasnetsov will address analysts at the Barclays Industrial Select Conference in Miami on Wed., Feb. 20, 2013. Webcast Access: A live, audio-only webcast can be accessed at www.lyondellbasell.com/investorpresentations on Feb. 20 at 2:10 p.m. ET. The webcast will be provided in Flash and Windows Media formats. A webcast replay will be...

2013-02-12 16:21:33

ROTTERDAM, Netherlands, Feb. 12, 2013 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of $0.40 per share to be paid March 18, 2013 to shareholders of record on Feb. 25, 2013, subject to the adoption of a resolution by the Management Board, which is expected to occur Feb. 25, 2013. LyondellBasell also announced that its Supervisory Board intends to seek shareholder approval at...

2013-01-26 23:01:13

Lucintel Profiles Top Five Global Polypropylene Companies: APAC is Expected to Drive Future Industry Growth Irving, Texas (PRWEB) January 26, 2013 Over the last five years, the global polypropylene industry experienced average growth and is expected to reach approximately $92.06 billion in 2017 with a CAGR of 3.7% over the next five years. Continuous increases in demand from end-user industries such as packaging and automotive is anticipated to be the industry´s growth drivers....

2012-12-05 08:22:23

ROTTERDAM, Netherlands, Dec. 5, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the pricing of an underwritten public offering of 21 million ordinary shares by certain selling shareholders that are affiliates of Apollo Management Holdings L.P. at a price to the public of $48.50 per share. The net proceeds to Apollo, after deducting discounts and commissions, will be approximately $1.0 billion. The offering is expected to close December 10, 2012, subject to the satisfaction of...

2012-12-04 16:27:34

ROTTERDAM, Netherlands, Dec. 4, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the commencement of an underwritten public offering of 21 million ordinary shares by certain selling shareholders that are affiliates of Apollo Management Holdings L.P. The selling shareholders will agree to a lock-up (subject to certain exceptions) for a period of 30 days after the date of the prospectus supplement for the offering. LyondellBasell will not receive any proceeds from the offering....

2012-11-20 16:24:58

ROTTERDAM, Netherlands, Nov. 20, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) Executive Vice President and Chief Financial Officer Karyn Ovelmen will address analysts at the Citi Basic Materials Symposium in New York on Tues., Nov. 27, 2012. Webcast Access: A live, audio-only webcast can be accessed at www.lyondellbasell.com/investorpresentations on Nov. 27 at 11:15 a.m. ET. The webcast will be provided in Flash and Windows Media formats. A webcast replay will be available Nov. 27...

2012-11-19 08:23:39

ROTTERDAM, Netherlands, Nov. 19, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Management Board has declared a special dividend of $2.75 per share payable Dec. 11, 2012 to shareholders of record on Nov. 19, 2012, and an interim dividend of $0.40 per share payable Dec. 11, 2012 to shareholders of record on Nov. 19, 2012. The company announced on Oct. 26 that its Supervisory Board had authorized the Management Board to declare the special dividend and...

2012-11-14 04:21:34

ROTTERDAM, Netherlands, Nov. 14, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that the company will restore a low-density polyethylene (LDPE) line in Wesseling, Germany, that has been out of service since January 2012. Startup of the new line is targeted for mid-2013. The Wesseling LDPE line has historically been used to produce LDPE grades for healthcare applications. Restoration of this LDPE line will enhance the company's ability to supply this important...