Announcement • May 23
LyondellBasell Industries N.V. announces Quarterly dividend, payable on June 08, 2026 LyondellBasell Industries N.V. announced Quarterly dividend of USD 0.6900 per share payable on June 08, 2026, ex-date on June 01, 2026 and record date on June 01, 2026. Announcement • Apr 13
LyondellBasell Industries N.V., Annual General Meeting, May 22, 2026 LyondellBasell Industries N.V., Annual General Meeting, May 22, 2026. Location: hilton hotel, schiphol airport, schiphol blvd. 701, 1118 bn schiphol, Netherlands Announcement • Apr 07
LyondellBasell Industries N.V. to Report Q1, 2026 Results on May 01, 2026 LyondellBasell Industries N.V. announced that they will report Q1, 2026 results Pre-Market on May 01, 2026 Announcement • Mar 16
LyondellBasell Announces Management Changes LyondellBasell announced the appointment of David Dennison as the new head of investor relations, effective May 8, 2026. David Dennison joined LyondellBasell in 2007 and brings nearly 30 years of industry experience to the role. He has held leadership roles across the company’s planning, commercial and strategic functions, including leading several Intermediates and Derivatives businesses. Most recently, he served as a vice president in the Circular and Low Carbon Solutions business. Before joining LyondellBasell, Dennison worked for Eli Lilly and Co. and Albemarle Corp. He holds a B.S. in chemical engineering from Texas A&M University and an MBA from The Wharton School. Dave Kinney will retire after nearly 35 years of service. Announcement • Feb 20
Lyondellbasell Industries N.V. Declares Quarterly Dividend, Payable on March 9, 2026 LyondellBasell Industries N.V. announced its board of directors has declared a quarterly dividend of $0.69 per share, representing a $0.68 per share reduction from the company’s fourth quarter 2025 dividend. The dividend will be paid to shareholders on March 9, 2026, with an ex-dividend and record date of March 2, 2026. Announcement • Jan 05
LyondellBasell Industries N.V. to Report Q4, 2025 Results on Jan 30, 2026 LyondellBasell Industries N.V. announced that they will report Q4, 2025 results Pre-Market on Jan 30, 2026 Announcement • Nov 21
LyondellBasell Announces Quarterly Dividend, Payable on December 8, 2025 LyondellBasell announced it has declared a dividend of $1.37 per share, to be paid to shareholders on December 8, 2025, with an ex-dividend and record date of December 1, 2025. Announcement • Oct 06
LyondellBasell Industries N.V. to Report Q3, 2025 Results on Oct 31, 2025 LyondellBasell Industries N.V. announced that they will report Q3, 2025 results Pre-Market on Oct 31, 2025 Announcement • Aug 04
Lyondellbasell Industries N.V. Declares Dividend, Payable on September 2, 2025 LyondellBasell Industries N.V. announced it has declared a dividend of $1.37 per share, to be paid to shareholders on September 2, 2025, with an ex-dividend and record date of August 25, 2025. Announcement • Jul 07
LyondellBasell Industries N.V. to Report Q2, 2025 Results on Aug 01, 2025 LyondellBasell Industries N.V. announced that they will report Q2, 2025 results Pre-Market on Aug 01, 2025 Announcement • May 23
Lyondellbasell Announces Quarterly Dividend, Payable on June 9, 2025 LyondellBasell announced its board of directors has declared a quarterly dividend of $1.37 per share, representing a $0.03 per share increase over the company's first quarter 2025 dividend. The dividend will be paid to shareholders on June 9, 2025, with an ex-dividend and record date of June 2, 2025. Announcement • Apr 14
LyondellBasell Industries N.V., Annual General Meeting, May 23, 2025 LyondellBasell Industries N.V., Annual General Meeting, May 23, 2025. Location: hilton hotel, schiphol airpor, schiphol blvd. 701, 1118 bn schiphol, Netherlands Announcement • Mar 28
LyondellBasell Industries N.V. to Report Q1, 2025 Results on Apr 25, 2025 LyondellBasell Industries N.V. announced that they will report Q1, 2025 results Pre-Market on Apr 25, 2025 Announcement • Mar 20
LyondellBasell Industries N.V. Announces Executive Changes On March 11, 2025, LyondellBasell Industries N.V. announced Chukwuemeka (Emeka) A. Oyolu, Senior Vice President, Chief Accounting Officer, and principal accounting officer informed the Company of his intent to resign, effective as of March 24, 2025, to pursue another opportunity. Effective March 24, 2025, the Company appointed Matthew D. Hayes as the Company’s Senior Vice President, Chief Accounting Officer. Mr. Hayes will serve as the principal accounting officer for the purposes of the Company’s filings with Securities and Exchange Commission and will have global responsibility for corporate accounting, financial reporting and internal controls. Mr. Hayes, age 50, most recently served as Vice President, Financial Planning and Analysis for the Company, and has served with the Company in a variety of capacities since 2004, including as chief internal auditor, and in various roles as director in the accounting department, including external reporting. Prior to joining the Company, Mr. Hayes served in internal audit roles at Halliburton, a multinational oil service company, from 2001 to 2004, and in the public accounting sector from 1996 to 2001. Mr. Hayes is an associate chartered accountant and earned a Bachelor of Science degree in economics, accounting and finance from Aberystwyth University. Announcement • Feb 28
Lyondellbasell Announces Quarterly Dividend, Payable on March 17, 2025 LyondellBasell announced it has declared a dividend of $1.34 per share, to be paid to shareholders on March 17, 2025, with an ex-dividend and record date of March 10, 2025. Announcement • Jan 07
LyondellBasell Industries N.V. to Report Q4, 2024 Results on Jan 31, 2025 LyondellBasell Industries N.V. announced that they will report Q4, 2024 results Pre-Market on Jan 31, 2025 Announcement • Oct 17
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of APK AG. LyondellBasell Industries N.V. (NYSE:LYB) entered into an agreement to acquire APK AG on August 22, 2024. The transaction is subject to customary closing conditions. Martin Schulz and Alexander Ballmann of Jones Day acted as legal advisor to LyondellBasell Industries N.V. Nadja Raiß, Dr Georg Bernsau, Rainer Schmitt, Marion Baumann, Dr. Angelika Bartholomäi and Dr. Simone Wernicke acted as legal advisor to APK AG. Ernst & Young GmbH WirtschaftsprÜFungsgesellschaft acted as financial advisor and due diligence provider to APK AG.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of APK AG on October 17, 2024. Announcement • Oct 04
LyondellBasell Industries N.V. to Report Q3, 2024 Results on Nov 01, 2024 LyondellBasell Industries N.V. announced that they will report Q3, 2024 results Pre-Market on Nov 01, 2024 Announcement • Aug 22
LyondellBasell Industries N.V. (NYSE:LYB) entered into an agreement to acquire APK AG. LyondellBasell Industries N.V. (NYSE:LYB) entered into an agreement to acquire APK AG on August 22, 2024. The transaction is subject to customary closing conditions. Announcement • Aug 16
Lyondellbasell Industries N.V. Declares Dividend, Payable on September 3, 2024 LyondellBasell Industries N.V. declared a dividend of $1.34 per share, to be paid to shareholders on September 3, 2024, with an ex-dividend and record date of August 26, 2024. Announcement • Jul 20
LyondellBasell Industries N.V. to Report Q2, 2024 Results on Aug 02, 2024 LyondellBasell Industries N.V. announced that they will report Q2, 2024 results Pre-Market on Aug 02, 2024 Announcement • May 25
LyondellBasell Increases Quarterly Cash Dividend, Payable on June 10, 2024 LyondellBasell announced its board of directors has declared a quarterly dividend of $1.34 per share, representing a 7% increase over the company's first quarter 2024 dividend. The dividend will be paid to shareholders on June 10, 2024, with an ex-dividend and record date of June 3, 2024. Announcement • May 03
Ineos Oxide Ltd completed the acquisition of Ethylene Oxide & Derivatives (EO&D) business and production facility at Bayport Texas of LyondellBasell Industries N.V. Ineos Oxide Ltd. entered into an agreement to acquire Ethylene Oxide & Derivatives (EO&D) business and production facility at Bayport Texas of LyondellBasell Industries N.V. for approximately $700 million on December 8, 2023. The purchase price is subject to working capital and other adjustments. The transaction is expected to close in the second quarter of 2024 following completion of the planned maintenance at the facility and is subject to regulatory and other customary closing conditions. As per filing on April 26, 2024, the transaction is expected to close in the second quarter of 2024. J.P. Morgan acted as financial advisor and King & Spalding acted as legal counsel to LyondellBasell.
Ineos Oxide Ltd completed the acquisition of Ethylene Oxide & Derivatives (EO&D) business and production facility at Bayport Texas of LyondellBasell Industries N.V. on May 1, 2024. Announcement • Apr 13
LyondellBasell Industries N.V. to Report Q1, 2024 Results on Apr 26, 2024 LyondellBasell Industries N.V. announced that they will report Q1, 2024 results Pre-Market on Apr 26, 2024 Announcement • Apr 09
LyondellBasell Industries N.V., Annual General Meeting, May 24, 2024 LyondellBasell Industries N.V., Annual General Meeting, May 24, 2024, at 08:00 Central European Standard Time. Location: sheraton hotel Schiphol Airport, Schiphol Blvd. 101 1118 BG, Amsterdam, the Netherlands Amsterdam Netherlands Agenda: To consider Elect Board of Directors; to consider Discharge our directors from liability in connection with the exercise of their duties during 2023; to Adopt 2023 Dutch statutory annual accounts; to consider and Appoint the external auditor for 2024 Dutch statutory annual accounts; to Ratify the appointment of independent registered public accounting firm; to Provide an advisory vote on executive compensation (say-on-pay); to Authorize the repurchase of up to 10% of issued share capital; and to consider the cancellation of all or a portion of the shares held in treasury account. Announcement • Mar 27
LyondellBasell Industries N.V. to Exhibit At Npe2024 to Advance Sustainable Solutions and Driving Innovation to Shape the Future of Plastics LyondellBasell announced its participation in the upcoming NPE2024: The Plastics Show scheduled to take place from May 6 to May 10, 2024, at the Orange County Convention Center in Orlando, Fla. The company will be located at booth number S22005 near the main south hall entrance. As a pioneer in the plastics industry, LYB is committed to advancing sustainable solutions and driving innovation to shape the future of plastics. At NPE 2024, LYB will showcase its latest advancements in polymer technology, sustainable manufacturing practices and collaborative efforts toward a circular economy. From lightweight automotive components to durable packaging solutions, the LYB portfolio of high-performance materials continues to empower industries worldwide. In addition, LYB will host interactive, in-booth presentations to highlight the versatility, durability and sustainability of its products. These presentations, delivered by an LYB team of experts, will feature the company's wide range of products and applications, including polyethylene, polypropylene, advanced catalysts and specialty polymers. Announcement • Feb 23
LyondellBasell Declares Quarterly Dividend, Payable on March 11, 2024 LyondellBasell announced it has declared quarterly dividend of $1.25 per share, to be paid March 11, 2024, to shareholders of record on March 4, 2024, with an ex-dividend date of March 1, 2024. Announcement • Jan 20
LyondellBasell Industries N.V. to Report Q4, 2023 Results on Feb 02, 2024 LyondellBasell Industries N.V. announced that they will report Q4, 2023 results Pre-Market on Feb 02, 2024 Announcement • Dec 06
LyondellBasell Industries N.V. (NYSE:LYB) acquired an unknown minority stake in Source One GmbH. LyondellBasell Industries N.V. (NYSE:LYB) acquired an unknown minority stake in Source One GmbH on December 4, 2023. Both LyondellBasell Industries N.V and Landbell will be shareholders in Source One.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of an unknown minority stake in Source One GmbH on December 4, 2023. Announcement • Oct 27
LyondellBasell Industries N.V. (NYSE:LYB) acquired 25% stake in Cyclyx International, LLC from Agilyx ASA (OB:AGLX) and Exxon Mobil Corporation (NYSE:XOM). LyondellBasell Industries N.V. (NYSE:LYB) acquired 25% stake in Cyclyx International, LLC from Agilyx ASA (OB:AGLX) and Exxon Mobil Corporation (NYSE:XOM) on October 26, 2023. LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of 25% stake in Cyclyx International, LLC from Agilyx ASA (OB:AGLX) and Exxon Mobil Corporation (NYSE:XOM) on October 26, 2023. Announcement • Oct 14
LyondellBasell Industries N.V. to Report Q3, 2023 Results on Oct 27, 2023 LyondellBasell Industries N.V. announced that they will report Q3, 2023 results Pre-Market on Oct 27, 2023 Announcement • Sep 26
LyondellBasell Industries N.V. Demonstrates Commitment to Sustainability with Launch of +LC (Low Carbon) Solutions LyondellBasell Industries N.V. announced the expansion of its sustainable offerings with the launch of its +LC (Low Carbon) solutions, a new range of Intermediates and Derivatives (I&D) chemicals produced under an International Sustainability and Carbon Certification (ISCC) PLUS certified mass balance methodology. Sourced from recycled and renewable feedstocks, these +LC solutions are designed to support businesses in meeting their greenhouse gas (GHG) emissions reduction goals while maintaining high-quality applications essential for modern, sustainable living by offering a lower carbon footprint than fossil-based alternatives. Building on a 70-year legacy of innovation and quality in the I&D sector, LyondellBasell enhances its already robust portfolio with the new +LC product range. The products include core I&D offerings such as styrene monomers, ethylene, and propylene oxide (PO), with applications in various sectors, from insulation materials to automotive and consumer goods. This announcement follows the recent startup of LyondellBasell's propylene oxide and tertiary butyl alcohol (PO/TBA) plant in Texas, further cementing the company's position as a global leader in the I&D sector with significant annual production capacities. This PO/TBA unit has an annual capacity of 470 thousand metric tons of PO, as well as one million metric tons of TBA and its derivatives. Every product within the +LC range comes with an ISCC+ mass balance certificate, providing traceability throughout the value chain. The mass balance approach enables renewable and recycled feedstock to be attributed to the final product when these feedstocks are blended with conventional raw materials in the production process. Moreover, Product Carbon Footprint (PCF) data are available for these products, enabling businesses to directly compare the carbon footprints of +LC solutions with traditional fossil-based counterparts. By opting for +LC products, businesses can now seamlessly integrate sustainability into their operations without compromising performance, reflecting a balanced approach to meeting both functional needs and sustainability objectives. The +LC solutions are currently available in Europe and the Americas, and plans for expansion into Asia are set for early 2024. Offering products based on renewable and recycled feedstocks as substitutes for fossil feedstocks contributes to the preservation of fossil resources and the reduction of GHG emissions from feedstock production. Announcement • Aug 19
LyondellBasell Announces Quarterly Dividend, Payable on September 5, 2023 LyondellBasell announced it has declared a dividend of $1.25 per share, to be paid September 5, 2023, to shareholders of record on August 28, 2023, with an ex-dividend date of August 25, 2023. Announcement • Jul 24
LyondellBasell Industries N.V. to Report Q2, 2023 Results on Aug 04, 2023 LyondellBasell Industries N.V. announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 Announcement • Jul 06
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of Mepol Group. LyondellBasell Industries N.V. (NYSE:LYB) entered into a definitive agreement to acquire Mepol Group on March 13, 2023. The transaction consists of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o. The transaction closing is subject to regulatory approval and other customary closing conditions. During this period, Mepol Group will continue to operate on a standalone basis. Stefano Crosio of Jones Day (Italy) and Wardynski & Partners acted as legal advisors to LyondellBasell Industries N.V. (NYSE:LYB). Special Affairs S.R.L. acted as the financial advisor to Mepol Group along with Gitti And Partners Studio Legale Associato acting as the legal advisor.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of Mepol Group on July 5, 2023. Announcement • Jan 21
LyondellBasell Industries N.V. to Report Q4, 2022 Results on Feb 03, 2023 LyondellBasell Industries N.V. announced that they will report Q4, 2022 results Pre-Market on Feb 03, 2023 Announcement • Jan 17
LyondellBasell Appoints Trisha Conley as Executive Vice President of People and Culture, Effective February 1, 2023 LyondellBasell announced it has selected Trisha Conley as its Executive Vice President, People and Culture. Trisha will be a member of the company's Executive Committee and will assume the role on Feb. 1, 2023. She will lead LyondellBasell's vision and strategy to enhance the employee experience, organizational performance, and company culture to be the best and most inspiring in the industry. To support LyondellBasell in its new corporate strategy, the leader for People and Culture will play a pivotal role in driving the company's cultural transformation. Trisha brings more than 25 years of experience in the oil and gas industry as well as the renewable products sector leading human resources, talent management, global integration and organizational development. She comes to LyondellBasell from Chevron Renewable Energy Group, where she was Senior Vice President, People Development. Prior to that, she was the Vice President of Human Resources at BP. Announcement • Nov 19
Lyondellbasell Announces Quarterly Dividend, Payable on December 5,2022 LyondellBasell has declared a dividend of $1.19 per share, to be paid December 5, 2022, to shareholders of record on November 28, 2022, with an ex-dividend date of November 25, 2022. Announcement • Oct 15
LyondellBasell Industries N.V. to Report Q3, 2022 Results on Oct 28, 2022 LyondellBasell Industries N.V. announced that they will report Q3, 2022 results Pre-Market on Oct 28, 2022 Announcement • Sep 28
Lyondellbasell Industries N.V. Announces Executive Appointments, Effective on October 1, 2022 LyondellBasell Industries N.V. announced certain executive organizational changes which will be effective on October 1, 2022. In connection therewith, the Company’s named executive officers, Messrs. Kenneth (Ken) Lane, Torkel Rhenman and James (Jim) Guilfoyle, will now serve in the following roles: Ken Lane: Executive Vice President, Olefins & Polyolefins (O&P); Torkel Rhenman: Executive Vice President, Advanced Polymer Solutions; and Jim Guilfoyle: Senior Vice President, O&P, Europe, Africa, Middle East and India (EAMEI). Announcement • Aug 20
LyondellBasell Industries N.V. Announces Quarterly Dividend, Payable on September 6, 2022 LyondellBasell announced it has declared a dividend of $1.19 per share, to be paid September 6, 2022, to shareholders of record on August 29, 2022, with an ex-dividend date of August 26, 2022. Announcement • Jul 16
LyondellBasell Industries N.V. to Report Q2, 2022 Results on Jul 29, 2022 LyondellBasell Industries N.V. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Jul 29, 2022 Announcement • May 04
LyondellBasell to Cease Operations at its Two Office Locations in Russia LyondellBasell has made the decision to cease operations at its two office locations in Russia. As a result, the offices in Moscow and Togliatti have begun winding down operations. The offices were primarily involved in selling polymers from its O&P and APS businesses. Both offices employ a combined 18 employees. Announcement • Apr 22
LyondellBasell Industries N.V. Announces Plans to Exit Refining Business LyondellBasell announced its decision to cease operation of its Houston Refinery no later than December 31, 2023. In the interim, the Company will continue serving the fuels market, which is expected to remain strong in the near-term, and consider potential transactions and alternatives for the site. LyondellBasell's Houston Refinery has a rated capacity to transform 268,000 barrels per day of crude oil into transportation fuels and other products including lubricants, chemical intermediates and petroleum coke. Announcement • Apr 16
LyondellBasell Industries N.V. to Report Q1, 2022 Results on Apr 29, 2022 LyondellBasell Industries N.V. announced that they will report Q1, 2022 results Pre-Market on Apr 29, 2022 Announcement • Apr 09
LyondellBasell Industries N.V., Annual General Meeting, May 27, 2022 LyondellBasell Industries N.V., Annual General Meeting, May 27, 2022, at 08:30 Central European Standard Time. Location: Sheraton Hotel, Schiphol Airport, Schiphol Blvd. 101 1118 BG, Amsterdam, the Netherlands Amsterdam Netherlands Agenda: To elect Board of Directors; to discharge directors from liability in connection with the exercise of their duties during 2021; to adopt 2021 Dutch statutory annual accounts; to appoint the external auditor for 2022 Dutch statutory annual accounts; to ratify the appointment of independent registered public accounting firm; to provide an advisory vote on executive compensation (say-on-pay); to authorize the repurchase of up to 10% of issued share capital; and to approve the cancellation of all or a portion of the shares held in treasury account. Announcement • Mar 30
LyondellBasell Appoints Peter Vanacker as Chief Executive Officer on May 23, 2022 LyondellBasell announced Peter Vanacker will assume his role as the company's chief executive officer on May 23, 2022. The Company's Board of Directors appointed Vanacker to the position in December 2021. Vanacker brings more than 30 years of industry experience to his new role, including serving as President and CEO of Neste since 2018. Announcement • Feb 04
Greiner Packaging and LyondellBasell offer circular solution for coffee capsules LyondellBasell has developed polymers based on advanced recycled post-consumer materials. These polymers, branded under the name CirculenRevive, are made using an advanced recycling process to convert plastic waste into feedstock, which is used to produce new polymers, using a mass balance approach. With the support of Greiner Packaging, these polymers will be used to make coffee capsules for Nestléâ’s NESCAFÉ® Dolce Gusto®. This collaboration aims to help advance a circular economy for plastic. These polymers meet the strict requirements of the food industry. Both, LyondellBasell and Greiner Packaging sites involved are ISCC PLUS certified.  This well-known global certification provides traceability along the supply chain. With the mass balance method, the company tracks how much advanced recycled material goes into the production process of its CirculenRevive products and can attribute the recycled content to the final polymer via a Sustainability Declaration. Announcement • Sep 10
LyondellBasell gains ISCC PLUS certification to extend Circulen product line to North America LyondellBasell announced the company has obtained the International Sustainability and Carbon Certification (ISCC) PLUS certification for certain grades of polyethylene and polypropylene produced at four of its U.S. manufacturing sites. ISCC PLUS certification is a globally-recognized system for providing traceability of recycled and renewable-based materials across the supply chain. ISCC PLUS certification enables LyondellBasell to extend its Circulen suite of products to customers in North America and offer mass balance certificates for these products. The company will begin North American Circulen production with its CirculenRevive products, which are polymers produced from plastic waste through an advanced recycling process1, initially using feedstock provided by third parties. LyondellBasell expects to gradually ramp up production to meet growing demand over the coming years. LyondellBasell secured the certification for its crackers in Channelview, Texas and its polymer sites in Lake Charles, Louisiana; La Porte, Texas; and Clinton, Iowa. The company plans to broaden the ISCC PLUS certification to its other North American polymer plants. The ISCC PLUS certification is part of the company's multi-pronged approach to help advance the circular economy. In addition, LyondellBasell continues to develop its own proprietary advanced (molecular) recycling technology to enable a more efficient chemical conversion process and use less energy than other technologies. Announcement • Jul 02
LyondellBasell Industries N.V. (NYSE:LYB) acquired Polypacific Polymers Sdn. Bhd. LyondellBasell Industries N.V. (NYSE:LYB) acquired Polypacific Polymers Sdn. Bhd. on June 30, 2021. Upon completion of the acquisition, the facility will undergo a rebranding and name change, and its employees will become LyondellBasell employees. PPM will continue to produce and supply the ongoing business products to its customers.
LyondellBasell Industries N.V. (NYSE:LYB) completed the acquisition of Polypacific Polymers Sdn. Bhd. on June 30, 2021. Announcement • May 29
LyondellBasell Announces Quarterly Dividend, Payable on June 14, 2021 LyondellBasell announced that its Board of Directors has declared a quarterly dividend of $1.13 per share, representing a 7.6% increase over the company's first quarter 2021 dividend. The dividend will be paid June 14, 2021 to shareholders of record June 7, 2021, with an ex-dividend date of June 4, 2021. Announcement • May 12
LyondellBasell May Buy Out Sasol JV Within Five Years LyondellBasell Industries N.V. (NYSE:LYB) may acquire the remaining 50% stake in its joint venture (JV) with Sasol Limited (JSE:SOL) in the US in 3-5 years. Announcement • May 07
LyondellBasell Industries N.V. Starts Commercial Production of Polymers Using Raw Material Derived from Plastic Waste LyondellBasell Industries N.V. announced another step towards its ambition to advance the circular economy by making virgin quality polymers from raw materials derived from plastic waste at its Wesseling, Germany, site. Produced by the thermal conversion of plastic waste, this raw material is converted into ethylene and propylene in the LyondellBasell production facilities, and then processed into polypropylene (PP) and polyethylene (PE) in the downstream units for plastics production. The first use of raw material derived from plastic waste follows the company's successful production of plastic materials made from renewable-based raw materials such as used cooking oil, which helps to reduce CO2 over the product life cycle and reduce the use of fossil-based raw materials. The products made from recycled and renewable-based raw materials will be marketed by LyondellBasell under the Circulen brand name enabling brand owners to improve the sustainability of consumer products. They enable the production of high-quality plastics for strictly controlled applications such as food packaging and healthcare items. The LyondellBasell facilities manufacturing these products are certified according to the ISCC (International Sustainability & Carbon Certification) PLUS standard. LyondellBasell has pledged to reduce CO2 emissions in its operations worldwide by 15% per ton of product produced by 2030 compared with 2015 levels, and produce and market two million metric tons per year of recycled or renewable-based polymers by 2030. Additionally, LyondellBasell commissioned a pilot plant last year in Ferrara, Italy, to further develop its molecular recycling technology where plastic waste is converted into raw materials for the production of new plastics. The use of plastic waste under real-life conditions helps to further improve research efforts, the goal of which is to build a possible industrial-scale molecular recycling plant, which will further grow the use of raw material derived from plastic waste to produce new plastics. Announcement • Mar 20
LyondellBasell Industries Announces Executive Changes On March 15, 2021, Jacinth Smiley, Vice President, Chief Accounting Officer, and principal accounting officer of LyondellBasell Industries N.V. (the “Company”), notified the Company that she will be leaving effective April 2, 2021, to accept a position with another company. Michael McMurray, the Company’s Executive Vice President and Chief Financial Officer, will act as principal accounting officer until a replacement for Ms. Smiley assumes the role. Announcement • Jan 16
LyondellBasell Industries N.V. to Report Q4, 2020 Results on Jan 29, 2021 LyondellBasell Industries N.V. announced that they will report Q4, 2020 results Pre-Market on Jan 29, 2021 Announcement • Dec 13
LyondellBasell joins the United Nations Global Compact LyondellBasell announced it has joined the United Nations (U.N.) Global Compact, the world's corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor and anti-corruption. In 2020, LyondellBasell advanced its sustainability agenda by setting ambitious targets for recycled and renewable-based polymers, progressing on the goal of zero polymer pellet loss from operations and transportation and starting up the MoReTec molecular recycling pilot plant in Ferrara, Italy. In addition, the company is one of the founding members of the Alliance to End Plastic Waste (AEPW), the first global, cross value chain initiative dedicated to eliminating plastic waste in the environment. Announcement • Oct 17
LyondellBasell Industries N.V. to Report Q3, 2020 Results on Oct 30, 2020 LyondellBasell Industries N.V. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Oct 30, 2020 Announcement • Oct 06
LyondellBasell Industries N.V. (NYSE:LYB) entered into a definitive agreement to acquire certain assets in Louisiana from Sasol Chemicals (USA) LLC for $2 billion. LyondellBasell Industries N.V. (NYSE:LYB) entered into a definitive agreement to acquire certain assets in Louisiana from Sasol Chemicals (USA) LLC for $2 billion on October 1, 2020. The assets include 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants and associated infrastructure. The acquisition will occur through a joint venture and the JV will operate under the name Louisiana Integrated PolyEthylene JV LLC. Sasol will retain full ownership and operational control of its Lake Charles Research and Development complex, Lake Charles East Plant ethane cracker and U.S. Performance Chemicals Business assets in Lake Charles. LyondellBasell expect to fund the transaction with a combination of debt and cash on its balance sheet. If at any time during the six months following the date of termination Sasol Limited or any of its Affiliates enters into any proposal or other agreement for an Alternative Transaction, then Sasol shall pay to LyondellBasell an amount equal to $40 million. Upon closing of the transaction, some Sasol U.S. employees will become employees of LyondellBasell.
Consummation of the Purchase Agreement is subject to customary conditions, including: (a) the absence of any applicable order or law prohibiting the transaction; (b) approval by Sasol’s shareholders; (c) obtaining antitrust and other regulatory approvals in the United States and certain other jurisdictions; (d) the accuracy of certain representations and warranties of each party, subject to specified materiality qualifiers; (e) the performance in all material respects by each party of its covenants; and (f) in the case of the LyondellBasell Member’s obligations to complete the transaction, there not having been any “material adverse effect” with respect to the JV and its associated assets, operations and business. The reorganization shall also have been consummated in accordance with, and pursuant to, the terms of the business separation agreement. The transaction is expected to close by the end of 2020. Proceeds from this transaction, in conjunction with proceeds from previously announced transactions and the progress in achieving short term cash savings measures, will make a meaningful and positive impact on Sasol’s financial prospects, principally as a result of the intended use of the tsueransaction proceeds to reduce Sasol’s debt.
Kirkland & Ellis LLP served as legal counsel while Gordon Dyal & Co. and J.P. Morgan served as financial advisors and fairness opinion provider to LyondellBasell. Latham & Watkins LLP and Kean Miller LLP served as legal advisors while BofA Securities, Inc. served as financial advisor to Sasol. Announcement • Oct 02
LyondellBasell and Sasol Form Integrated Polyethylene Joint Venture LyondellBasell and Sasol announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50% of Sasol's 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants and associated infrastructure for a total consideration of USD 2 Billion. The agreement includes customary rights for each partner regarding the potential future sale of its ownership interest. The JV will operate under the name Louisiana Integrated PolyEthylene JV LLC. The JV's newly constructed assets are strategically located on the U.S. Gulf Coast, with access to low-cost feedstock, storage and logistics infrastructure. LyondellBasell's investment in the JV allows the company to expand in a core area of its business and leverages the company's operational and commercial strengths. Additionally, by investing in these assets, the company will realize immediate returns and eliminate customary construction risks associated with new project execution. Under the terms of the transaction agreements, each JV partner will provide pro-rata shares of ethane feedstocks and will offtake pro-rata shares of cracker and polyethylene (PE) products at cost. LyondellBasell will operate the U.S. Base Chemicals assets on behalf of the JV. Announcement • Aug 04
Material Difference Technologies, LLC acquired The Matrixx Group, Inc. from LyondellBasell Industries N.V. (NYSE:LYB). Material Difference Technologies, LLC acquired The Matrixx Group, Inc. from LyondellBasell Industries N.V. (NYSE:LYB) on March 31, 2020. The deal includes the plant, equipment, and assets of The Matrixx Group, Inc.. Post deal completion, The Matrixx Group, Inc. will be renamed MDT Replas.
Material Difference Technologies, LLC completed the acquisition of The Matrixx Group, Inc. from LyondellBasell Industries N.V. (NYSE:LYB) on March 31, 2020. Announcement • Jul 18
LyondellBasell Industries N.V. to Report Q2, 2020 Results on Jul 31, 2020 LyondellBasell Industries N.V. announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Jul 31, 2020 
