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MarketScreener Homepage  >  Equities  >  Nyse  >  LyondellBasell Industries    LYB   NL0009434992

LYONDELLBASELL INDUSTRIES

(LYB)
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LyondellBasell Industries : Reports Operational Snag at Refinery in Houston

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07/16/2019 | 02:45pm EDT

LyondellBasell (LYB) on Tuesday reported an operational disruption that led to above-normal gas emissions at its refinery in Houston.

In a statement to the Texas Commission on Environmental Quality, the refinery reported operational process "upsets" at two units.

"Operational changes were made to minimize emissions and return the units to stable operations," the refinery said.

The emissions, including the release of some 34,000 pounds of sulfur dioxide, happened late Monday night, it said.

The 264,000 barrel-a-day Houston refinery covers 700 acres.

Write to Dan Molinski at dan.molinski@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
LYONDELLBASELL INDUSTRIES -4.31% 69.03 Delayed Quote.-16.99%
WTI -2.94% 53.85 Delayed Quote.23.28%
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Financials (USD)
Sales 2019 35 895 M
EBIT 2019 4 605 M
Net income 2019 3 484 M
Debt 2019 11 493 M
Yield 2019 6,15%
P/E ratio 2019 6,98x
P/E ratio 2020 6,06x
EV / Sales2019 0,96x
EV / Sales2020 0,89x
Capitalization 23 142 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 94,32  $
Last Close Price 69,03  $
Spread / Highest target 88,3%
Spread / Average Target 36,6%
Spread / Lowest Target -0,04%
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Managers
NameTitle
Bhavesh Vaghjibhai Patel Chief Executive Officer & Director
Jacques Aigrain Chairman-Supervisory Board
Thomas Aebischer Chief Financial Officer & Executive Vice President
Massimo Covezzi Senior Vice President-Research & Development
Bruce A. Smith Member-Supervisory Board
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