Traders NEWS Watch List – LyondellBasell (NYSE:LYB)

LyondellBasell (NYSE:LYB) started its trading session with the price $117 and closed at price of $117.53 by scoring 1.16% over the last session. Day range of the stock was $116.23 – $117.71. LYB stock traded with total volume of 1770785 shares while the average trading capacity remained 2565161 shares.  Earnings per share was $11.33. LYB has total market capitalization of $46068007729.

LyondellBasell (NYSE:LYB), one of the world’s largest plastics, chemicals and refining companies, announces that its Bayport Complex located in Pasadena, Texas, has received the Distinguished Safety Award (DSA) from American Fuel and Petrochemical Manufacturers (AFPM) for exemplary safety performance in 2017. The DSA Award represents the highest achievement in safety and reflects excellence in occupational safety, process safety and occupational health in the domestic refining and petrochemical manufacturing industries.

Dale Friedrichs, vice president, Health, Safety and Environment said “Safety is a core value for LyondellBasell and we are very proud of the Bayport Complex for this recognition of safety excellence”. “It is not about measuring the number, it’s about knowing our people go home safe at the end of every shift, every day.”

The LyondellBasell Bayport Complex is one of only three manufacturing sites in the country to receive the prestigious honor this year. The announcement was made at the AFPM National Occupational and Process Safety Conference in San Antonio on May 16.

Stephen Goff, Bayport Complex site manager said “From the moment you set foot on our site, you will hear our safety message, see it in action and understand our mission”. “This achievement is the result of our team having great attention to detail and remaining vigilant when it comes to safety.”

In addition to the Bayport Complex, four other LyondellBasell sites received top safety awards from AFPM. The Elite Gold Safety Award, which recognizes facilities with safety performance in the top one percentile, was presented to the company’s Chocolate Bayou facility in Alvin, Texas, as well as its Clinton, Iowa, facility. Additionally, LyondellBasell’s Victoria, Texas, and Edison, New Jersey, plants received the Elite Silver Safety Award, which recognizes facilities with safety performance in the top five percent.

Shares of LyondellBasell Industries N.V. have been recently spotted trading -3.62% off of the 52-week high price. On the other end, company shares have been noted 50.66% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 78.01 – 121.95. Switching over to some distances from popular moving averages, we see that the stock has been recorded 9.94% away from the 50 day moving average and 12.72% away from the 200 day moving average. Moving closer, we can see that shares have been trading 8.24% off of the 20-day moving average. 13400 employees work in the Company. It has market cap of $46.07B.

  • John Newcomb
    John Newcomb reports the business news across all market sectors. He has more than 10 years of experience in writing financial and business news. John also has a vast knowledge of stock trading. He holds an MBA degree from University of Florida. He has an experience in Journalism and Content Writing, love writing stories full of efficient language and accurate content. His articles are published on Seeking Alpha, The Street, and The Motley Fool. John has over 4 year experience as a news writer. Previously, he worked as a tech news reporter. Email Contact: John@stockdigest.info

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