BNET Industries

Last Fiscal Year Sales:$22.2B
- Private
- US
Dow Jones Description
Chemical & Polymer Mfr & Refiner
Chairman, President & CEO
Dan F. SmithNumber of Employees 10,905
Peer Companies
NAICS Code Petroleum Refineries: 324110
Recent Events
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UPDATE 1-Lyondell says to reorganize via new stock offering
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Lyondell seeks bankruptcy financing extension
News & Analysis
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lyondell chemical co. - All News and Analysis
Creditors choose advisers to retrieve $26bn at LyondellBasell
Creditors owed $26bn (19bn) by LyondellBasell, the world's third- biggest chemical maker which filed for bankruptcy this month, will select advisers this week to retrieve that debt. International debt specialists Houlihan Lokey and Blackstone will lead the chase for the top advisory roles. There are huge numbers of...
The oligarch who cost Royal Bank of Scotland Pounds 1bn
THE FOUNDATION set up by Leonid Blavatnik, the oligarch at the centre of a 2.5bn loan row with Royal Bank of Scotland, is backing the Babylon exhibition at the British Museum. As the once opulent city in modern-day Iraq was obliterated, Mr Blavatnik will be hoping parts of his own...
RBS reveals $3.5bn loans to bankrupt US chemicals firm
* Exposure includes $1.6bn of lower-ranked debt that could be worthless Royal Bank of Scotland was forced to reveal yesterday that it has lent $3.47bn (2.34bn) to Lyondell Chem-ical, the bankrupt US chemicals com-pany. Analysts warned that RBS, the biggest lender to Lyondell, was at risk of...
Research and Markets: PEST & SWOT Analysis Makes up New Analysis of Lyondell Chemical
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c89029) has announced the addition of "Analysis of Lyondell Chemical" to their offering. This report presents Analysis of Lyondell Chemical. A complete and comprehensive analysis of Lyondell Chemical, includes an overview of the industry the company operates in, a PEST Framework Analysis of...
Basell completes Lyondell acquisition.(your business: in brief)
The recently completed merger of Basell Polyolefins in The Netherlands and Houston-based Lyondell Chemical Co. has resulted in the formation of LyondellBasell Industries, the world's third largest independent chemical company. With corporate headquarters in Rotterdam, LyondellBasell is organized into four global business units. North American...
Research and Markets: New Study Analyses Lyondell Chemical Company, Supplier of Raw Materials and Technology to the Coatings Industry
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c80145) has announced the addition of Lyondell Chemical Company - SWOT Framework Analysis to their offering. SWOT Analysis, is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves...
New Study Analyses Lyondell Chemical Company, Supplier of Raw Materials and Technology to the Coatings Industry.
M2 PRESSWIRE-21 January 2008-Research and Markets: New Study Analyses Lyondell Chemical Company, Supplier of Raw Materials and Technology to the Coatings IndustryC1994-2008 M2 COMMUNICATIONS LTD RDATE:22012008 Dublin - Research and Markets (http://www.researchandmarkets.com/reports/c80149) has announced the addition of Lyondell...
Basell and Lyondell Chemical have completed their merger to create LyondellBasell Industries
Basell and Lyondell Chemical have completed their merger to create LyondellBasell Industries, said to be the world's third largest independent chemical company.
Lyondell and Basell Complete Merger
Lyondell Chemical Company and Basell AF announced Dec. 20 the completion of their merger into one company, LyondellBasell Industries (face=+Italic; see OW 11/26/2007face=-Italic; ). The merger makes the company the third largest independent chemical company in the world, according to a release.Products of LyondellBasell will include propylene oxide and...
Blinded by statistics: don't be fooled by injury statistics. They don't tell the whole story
[ILLUSTRATION OMITTED] Summary * The Baker panel found that the Texas City incident happened in part because BP had failed to develop a corporate safety culture that put a priority on process safety, the management of extreme risks associated with working with highly dangerous compounds. * OSHA...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles L. Hall | Chief Accounting Officer |
| Morris Gelb | Chief Operating Officer |
| Charles W. Graham | Executive Vice President, Lyondell Asia Pacific & Vice President |
| Edward J. Dineen | Senior Vice President, Chemicals & Polymers |
| James Bayer | Senior Vice President, Manufacturing, Health, Safety & Environ |
| John A. Hollinshead | Senior Vice President, Hr |
| Kerry A. Galvin | General Counsel, Secretary & Senior Vice President |
| W. Norman Phillips Jr. | Senior Vice President, Fuels & Raw Matls |
| W. Norman Phillips, JR. | Senior Vice President, Fuels & Raw Matls |
| Allen C. Holmes | Vice President, Tax & Real Estate |
| Dale Young | Vice President, Supply Chain |
| Douglas Pike | Vice President, Investor Relations |
| Eric A. Silva | Vice President, Information Technology |
| Gerald O'Brien | Vice President |
| Jose L. Rodriguez | Vice President, Planning, Supply & Optimization |
| Karen A. Twitchell | Treasurer & Vice President |
| Mario Portela | Vice President, Corp Dev |
| Lisa M. Martin-Walsh | Manager, Corp & Employee Communications |
| Carol A. Anderson | Director |
| David J. Lesar | Director |
| David J.P. Meachin | Director |
| Paul S. Halata | Director |
| Ray R. Irani | Director |
| Stephen F. Hinchliffe Jr. | Director |
| Stephen I. Chazen | Director |
| Worley H. Clark Jr. | Director |
| Danny W. Huff | Compensation & Human Resources Committee Member |
| Travis Engen | Corporate Responsibility & Governance Committee Member |
| William R. Spivey | Audit Committee Member |
| William T. Butler | Corporate Responsibility & Governance Committee Member |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Dan F. Smith | Chairman, President & CEO |
| Daniel J. Murphy | Board of Directors |
| Dudley C. Mecum | Board of Directors |
| Susan K. Carter | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Chairman, President & CEO | Current |
| Lyondell Chimie France Corporation | President | Current |
| Cooper Industries Ltd. | Chairman Management Development and Compensation Committee, Member Executive Committee | Current |
| Cooper Industries Ltd. | Board of Directors | Current |
| Lyondell Chemical Company | Director | Current |
| Lyondell Chemical Company | Executive Committee Member | Current |
| Millennium Chemicals Inc. | CEO | Former |
| Equistar Chemicals, LP | Chief Executive Officer | Former |
| Rigid Building Systems Ltd. | Chief Executive Officer | Former |
| Lyondell-Citgo Refining LP | President | Former |
| Millennium America Holdings, Inc. | President | Former |
| Lyondell Chemical Company | Chief Financial Officer | Former |
| Lyondell Chemical Company | Senior Vice President | Former |
| ARCO Chemical Company | Vice President | Former |
| ARCO | Engineer | Former |
| Equistar Chemicals, LP | Board of Directors | Former |
| Lamar University | B.S. Degree In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Chief Accounting Officer | Current |
| Lyondell Chemical Company | Vice President | Current |
| Lyondell Chemical Company | Controller | Current |
| Lyondell Chemical Company | Board of Directors | Current |
| Millennium Chemicals Inc. | Vice President & Controller | Former |
| Equistar Chemicals, LP | Chief Accounting Officer, Controller & Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Chief Operating Officer | Current |
| LyondellBasell Industries | Executive Vice President, Office of the CEO | Current |
| Rigid Building Systems Ltd. | Director | Current |
| Equistar Chemicals, LP | Board of Directors | Current |
| Equistar Chemicals, LP | Coo | Former |
| Lyondell Chemical Company | Executive Vice President | Former |
| ARCO Chemical Company | Vice President for Research and Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Asia Pacific, Ltd.รก | Executive Vice President | Current |
| Lyondell Chemical Company | Executive Vice President, Lyondell Asia Pacific & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| LyondellBasell Industries | President, Chemicals Division | Current |
| Lyondell Chemical Company | Senior Vice President, Chemicals & Polymers | Current |
| Rigid Building Systems Ltd. | Senior Vice President, Chemicals | Current |
| Spartech Corporation | Board of Directors | Current |
| Rigid Building Systems Ltd. | Board of Directors | Current |
| ARCO Chemical Company | Vice President, Performance Products and Development | Former |
| ARCO Chemical Company | Supply Chain and Development | Former |
| Princeton University | MS In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Senior Vice President, Manufacturing, Health, Safety & Environ | Current |
| ARCO Chemical Company | Director, Gulf Coast Manufacturing | Former |
| ARCO Chemical Company | Channelview Plant Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Senior Vice President, Hr | Current |
| Rigid Building Systems Ltd. | Vice President, Human Resources | Former |
| Equistar Chemicals, LP | Vice President, Hr | Former |
| Lyondell Chemical Company | Manager, Human Resources | Former |
| Organization | Position | Status |
|---|---|---|
| Rigid Building Systems Ltd. | Senior Vice President | Current |
| Lyondell Chemical Company | General Counsel, Secretary & Senior Vice President | Current |
| Rigid Building Systems Ltd. | Secretary | Current |
| Lyondell Chemical Company | Secretary | Current |
| Equistar Chemicals, LP | General Counsel, Senior Vice President & Secretary | Former |
| Rigid Building Systems Ltd. | General Counsel | Former |
| Lyondell Chemical Company | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Senior Vice President, Fuels & Raw Matls | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Senior Vice President, Fuels & Raw Matls | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Vice President, Tax & Real Estate | Current |
| LyondellBasell Industries | Vice President, Tax and Real Estate | Current |
| Organization | Position | Status |
|---|---|---|
| LyondellBasell Industries | Divisional Senior Vice President, Sales and Supply Chain, Chemicals | Current |
| Lyondell Chemical Company | Vice President, Supply Chain | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Vice President, Information Technology | Current |
| LyondellBasell Industries | Vice President, Information Technology | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Vice President | Current |
| Lyondell Chemical Company | Deputy General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Vice President, Planning, Supply & Optimization | Current |
| Organization | Position | Status |
|---|---|---|
| LyondellBasell Industries | Vice President and Treasurer | Current |
| Lyondell Chemical Company | Treasurer & Vice President | Current |
| Lyondell Chemical Company | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| LyondellBasell Industries | Vice President, Corporate Development | Current |
| Lyondell Chemical Company | Vice President, Corp Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Manager, Corp & Employee Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Director | Current |
| Lyondell Chemical Company | Compensation & Human Resources Committee Member | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Board of Directors | Current |
DAVID J. LESAR, Chairman of the Board, President and Chief Executive Officer of the Company, since 2000; President of the Company, 1997-2000; Executive Vice President and Chief Financial Officer, 1995-1997; joined Halliburton Company Board in 2000; Director of Lyondell Chemical Company.
| Organization | Position | Status |
|---|---|---|
| Halliburton Company | Chief Executive Officer | Current |
| Halliburton Company | Chairman | Current |
| Lyondell Chemical Company | Director | Current |
| American Petroleum Institute | Board of Directors | Current |
| Lyondell Chemical Company | Compensation & Human Resources Committee Member | Current |
| Halliburton Company | President | Former |
| Halliburton Company | Cfo | Former |
| Halliburton Energy Services, Inc. | Executive Vice President of Finance and Administration | Former |
| Halliburton Company | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Director | Current |
| Lyondell Chemical Company | Compensation & Human Resources Committee Member | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Director | Current |
| Lyondell Chemical Company | Corporate Responsibility & Governance Committee Member | Current |
| Mercedes-Benz USA Inc. | Chief Executive Officer | Former |
| Mercedes-Benz USA Inc. | President | Former |
Dr. Irani has been Chairman and Chief Executive Officer of Occidental since 1990. He was Chief Operating Officer from 1984 to 1990. He was Chairman of the Board of Directors of Canadian Occidental Petroleum Ltd. (now Nexen Inc.) from 1987 to 1999. Dr. Irani also is a director of Wynn Resorts, Limited and TCW Group.
| Organization | Position | Status |
|---|---|---|
| Occidental Oil & Gas Corporation | Chairman & CEO | Current |
| Occidental Petroleum Corporation | Chief Executive Officer | Current |
| TCW Group | Chairman and Chief Executive Officer, Occidental Petroleum Corporation, Los Angeles, California | Current |
| Particle Size | Current | |
| House of Lebanon | Honorary Chairman of the Board | Current |
| Occidental Petroleum Corporation | Chairman | Current |
| Lyondell Chemical Company | Director | Current |
| American Petroleum Institute | Director | Current |
| Cedars Bank | Board Director | Current |
| World Affairs Council | Board of Directors | Current |
| The Strip Podcast | Director | Current |
| California Business Roundtable | Board of Directors | Current |
| TCW Group | Director | Current |
| American Chemical Society | Board of Directors | Current |
| Wynn Resorts Limited | Board of Directors | Current |
| Wynn Las Vegas | Board of Directors | Current |
| Occidental Petroleum Corporation | Dividend Committee Member | Current |
| Occidental Chemical Corporation | Chief Executive Officer | Former |
| KB Home | Chairman & CEO | Former |
| Olin Corporation | President | Former |
| Occidental Petroleum Corporation | President | Former |
| Occidental Petroleum Corporation | Coo | Former |
| Olin Corporation | Chief Operating Officer | Former |
| Occidental Chemical Corporation | Executive Vice President | Former |
| Monsanto Company | Senior Research Group Leader | Former |
| Occidental Chemical Corporation | Chairman | Former |
| Nexen, Inc. | Board of Directors | Former |
| KB Home | Board Director | Former |
| Occidental Petroleum Corporation | Board Director | Former |
| American University of Beirut | B.S. Degree In Chemistry | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Occidental Petroleum Corporation | President & Chief Financial Officer | Current |
| Lyondell Chemical Company | Director | Current |
| Washington Mutual, Inc. | Board of Directors | Current |
| Occidental Petroleum Corporation | Senior Executive Vice President | Former |
| Merrill Lynch & Co., Inc. | Managing Director, Investment Banking | Former |
| Premcor Inc. | Board of Directors | Former |
| Michigan State University | PhD, Geology | Former |
| The University of Houston | M.S., Finance | Former |
| Rutgers University | B.S., Geology | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Compensation & Human Resources Committee Member | Current |
| Georgia-Pacific Corporation | Chief Financial Officer | Former |
| Georgia-Pacific Corporation | Executive Vice President, Finance | Former |
| Lyondell Chemical Company | Audit Committee Chair | Former |
| Lyondell Chemical Company | Director | Former |
| Georgia-Pacific Corporation | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Corporate Responsibility & Governance Committee Member | Current |
| Lyondell Chemical Company | Compensation & Human Resources Committee Chair | Former |
| Lyondell Chemical Company | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Lyondell Chemical Company | Audit Committee Member | Current |
| Lyondell Chemical Company | Corporate Responsibility & Governance Committee Chair | Former |
| Lyondell Chemical Company | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Baylor College of Medicine | Chancellor Emeritus | Current |
| Lyondell Chemical Company | Corporate Responsibility & Governance Committee Member | Current |
| Lyondell Chemical Company | Chairman | Former |
| Lyondell Chemical Company | Board of Directors | Former |
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