Bhavesh V. (Bob) Patel is named new CEO and chairman of the Management Board, effective January 12, 2015.
LyondellBasell celebrated its fifth anniversary as publicly-traded company.
SJS Plastiblends in Aurangabad, India, was acquired in October.
LyondellBasell is named ‘Responsible Care Company of the Year’ by the American Chemistry Council.
LyondellBasell seized the North American shale gas advantage by restarting a methanol plant and moved strategically to expand a butadiene plant in Germany.
LyondellBasell stock is added to the Standard & Poor's 500. Profits reached a new record level and total annual shareholder return was 89 percent. Increased natural gas liquids feedstock flexibility to 85 percent of total U.S. ethylene capacity.
Established regular dividends.
Announced plans to increase U.S. ethylene capacity to capture the benefits from processing low-cost natural gas liquids.