HOUSTON and LONDON,
Nov. 30, 2018 /PRNewswire/ --
LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals
and refining companies in the world, today announced that it has
declared a dividend of $1.00 per
share, to be paid December 17, 2018
to shareholders of record December 10,
2018, with an ex-dividend date of December 7, 2018.
The company also announced that effective today, Michael Hanley has joined LyondellBasell's board
of directors, filling the vacancy caused by the previously
announced resignation of director Robert G.
Gwin. Hanley has more than 25 years of experience in senior
management and finance roles, including as Chief Financial Officer
of Alcan and as Senior Vice President, Operations and Strategy at
the National Bank of Canada. He
also serves on the boards of publicly-traded companies BRP, Inc.,
Industrial Alliance Insurance & Financial Services and Shawcor
Ltd.
"As we look to build a future on LyondellBasell's already solid
foundation, Michael's perspective and experience will be valuable
for our board and company," said Jacques Aigrain, chairman of
LyondellBasell's board of directors.
"Michael's deep experience in finance, combined with his
international perspective, will benefit LyondellBasell as we drive
superior value for our shareholders," added LyondellBasell chief
executive officer Bob Patel.
Hanley, 53, holds a bachelor's degree in business administration
from HEC Montreal and he is a Chartered Professional Accountant. At
LyondellBasell, Hanley will join the Audit and Health, Safety,
Environmental and Operations committees of the board of
directors.
About LyondellBasell
LyondellBasell (NYSE: LYB) is one of the largest plastics,
chemicals and refining companies in the world. Driven by its
employees around the globe, LyondellBasell produces materials and
products that are key to advancing solutions to modern
challenges like enhancing food safety through lightweight and
flexible packaging, protecting the purity of water supplies through
stronger and more versatile pipes, improving the safety, comfort
and fuel efficiency of many of the cars and trucks on the road, and
ensuring the safe and effective functionality in electronics and
appliances. LyondellBasell sells products into more than 100
countries and is the world's largest producer of polymer compounds
and the largest licensor of polyolefin technologies. In 2018,
LyondellBasell was named to Fortune magazine's list of the "World's
Most Admired Companies." More information about LyondellBasell can
be found at www.LyondellBasell.com.
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SOURCE LyondellBasell