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Lyondell Houston Sign 2018
LyondellBasell Industries N.V is an American multinational chemical company, incorporated in the Netherlands with U.S. operations headquartered in Houston, Texas and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene, propene, propylene, polyolefins, and oxyfuels. LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion. As of 2016, Lyondell was the List of largest chemical producers, third largest independent chemical manufacturer in the United States. History Early history Since its establishment in 1985 from facilities belonging to the Atlantic Richfield Company (ARCO), the company grew through stock swaps with Occidental Petroleum, Occidental Chemicals and Millennium Chemicals in 1997, which formed Equistar Chemicals of which each entity were partners. Lyondell purchased the outstanding shares from each of its partners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethylene
Ethylene (IUPAC name: ethene) is a hydrocarbon which has the formula or . It is a colourless, flammable gas with a faint "sweet and musky" odour when pure. It is the simplest alkene (a hydrocarbon with carbon–carbon bond, carbon–carbon double bonds). Ethylene is widely used in the chemical industry, and its worldwide production (over 150 million tonnes in 2016) exceeds that of any other organic compound. Much of this production goes toward creating polyethylene, which is a widely used plastic containing polymer chains of ethylene units in various chain lengths. Production greenhouse gas emissions, emits greenhouse gases, including methane from feedstock production and carbon dioxide from any non-sustainable energy used. Ethylene is also an important natural plant hormone and is used in agriculture to induce ripening of fruits. The hydrate of ethylene is ethanol. Structure and properties This hydrocarbon has four hydrogen atoms bound to a pair of carbon atoms that are con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guangzhou
Guangzhou, Chinese postal romanization, previously romanized as Canton or Kwangchow, is the Capital city, capital and largest city of Guangdong Provinces of China, province in South China, southern China. Located on the Pearl River about northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the Silk Road. The port of Guangzhou serves as a transportation hub for China's fourth largest city and surrounding areas, including Hong Kong. Guangzhou was captured by the United Kingdom, British during the First Opium War and no longer enjoyed a monopoly after the war; consequently it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major entrepôt. Following the Second Battle of Chuenpi in 1841, the Treaty of Nanking was signed between Robert Peel, Sir Robert Peel on behalf of Queen Victoria and Lin Zexu on behalf of Daoguang Emperor, Emperor Xuanzong and ceded British Hong Kong, Hong Kon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston Center
Houston Center is a retail and office complex in Downtown Houston, Texas, United States. It is owned by Australian Super, and managed by Stream Realty Partners. The three towers in Houston Center have almost of Class A office space.Dawson, Jennifer.Crescent trophies on sales block" '' Houston Business Journal''. Friday May 21, 2004. Retrieved on May 10, 2009. The buildings in Houston Center include: * LyondellBasell Tower (formerly 1 Houston Center) * 2 Houston Center * Fulbright Tower (formerly 3 Houston Center) * 4 Houston Center * 5 Houston Center (individually owned) * The Highlight at Houston Center (formerly The Shops in Houston Center and previously The Park Shops) ** The Shops, built in 1982, is an enclosed shopping mall. * Four Seasons Hotel Houston History Texas Eastern Corporation bought 32 blocks of land in Downtown Houston for $50 million. Texas Eastern razed the existing buildings and proposed building Houston Center, a large office space development. Texas E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Refinery In Houston 2018a
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from -4; we might wonder whether there's a point at which it's appro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Access Industries
Access Industries, Inc. is a United States–based privately held multinational investment company which was founded in 1986 by businessman Leonard "Len" Blavatnik. Access Industries' focus is in seven sectors: biotechnology, entertainment, external funds, global media, strategic equity, technology ventures, and real estate. The group invests in the United States, Europe, Israel, and Latin America. It is headquartered in New York, with offices in London and Mill Valley, California. Access Industries has stakes in companies including Warner Music Group, LyondellBasell, DAZN, Calpine Corporation, A24, Deezer, and Spotter. History Len Blavatnik founded Access Industries in 1986 as an investment company. He attended Harvard Business School while running the company on the side, graduating with an MBA in 1989. Among its early investments, Access Industries helped form the large aluminum producer SUAL in 1996, which later became part of UC RUSAL. In 1997, Access acquired a 40% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston Refining
Operating as Houston Refining, LP, LyondellBasell's Houston refinery is a refinery located on the Texas Gulf Coast in Houston that occupies along the Houston Ship Channel. This refinery has been in operation since 1918, and it currently produces gasoline, lubricant base stock, propylene, and other associated materials. LyondellBasell has announced its intention to close this refinery by 2023, to help it reach its climate-change goals. Products The refinery has the ability to transform heavy, high-sulfur crude oil into fuels such as reformulated gasoline and low-sulfur diesel, as well as other products such as jet fuel, heating oil, lubricants, petroleum coke and aromatics. It also has the ability to transform Light Sweet Crude into Naphthenic Lube Oils, as well as treat White Oils in its Lube Oil Complex. Capacity *Crude run capacity: *Gasoline: *Diesel: *Sweet Crude run Capacity: *Naphthenic Lube oils: *White Oil: History The origins of Houston Refining date to 1918, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Millennium Chemicals
Millennium Inorganic Chemicals is a Hunt Valley, Maryland based chemical company. The business was established in 1985. It was a subsidiary of British conglomerate Hanson plc at one time, but was demerged on 1 October 1996, when it became an independent listed company. It was taken over by Cristal Chemical Company in 2007, but continues to exist as a wholly owned subsidiary and trading name of Cristal. Millennium Inorganic Chemicals (MIC) is the world’s second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal and MIC operate eight manufacturing plants in six countries and employ more than 3,500 people worldwide. Manufacturing sites are in Baltimore, Maryland; Ashtabula, Ohio; Salvador, Brazil; Stallingborough, United Kingdom; Thann, France; Yanbu, Saudi Arabia; and Australind, Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occidental Petroleum
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000. History Occidental Petroleum was founded in Los Angeles, CA in 1920. In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. The 1960s marked a period of expansion as Occidental established operations in Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom. In 1961, the company discovered the Lathrop Gas Field in Lathrop, California. In 1965, Occidental won exploration rights in Libya, where it operated until 1986 when United States economic sanction ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ARCO
Arco may refer to: Places * Arco, Trentino, a town in Trentino, Italy * Arco, Idaho, in the United States * Arco, Minnesota, a city in the United States * ARCO Arena in Sacramento, California, home of the Sacramento Kings Companies * ARCO (brand), a brand of gasoline service stations that is currently owned by Marathon Petroleum in Mexico and parts of the United States * ARCO Chemical, a chemical company formed in 1986 by spinning off a subsidiary from the Atlantic Richfield Company * ARCO Group, a Belgian cooperative holding company * Atlantic Richfield Company, the Atlantic Richfield Company, formerly an independent American petroleum company (1966-2000), currently a subsidiary of BP * ARCO Solar, a former subsidiary of the Atlantic Richfield Company that manufactured solar panels. Arts and entertainment Music * ''Arco'', a directive in music for string instruments to return to bowing after playing pizzicato; see bowing * Associate of the Royal College of Organists, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
