Basic Materials Sector

LyondellBasell Industries
LyondellBasell Industries
Is one of the largest plastic chemicals and refining companies in the world.
 their mission is to consistently deliver industry-leading performance by safely and reliably delivering high-quality products to consumers, being responsible, and being a Good Neighbor in the communities they operate, and being the company of choice for employees and shareholders.

Among other expansion products this company has embarked in over the last 10 years. in 2017 they started the construction of their first commercial hyperzone polyethylene plant. This plant is located in Texas and will be able to produce 1.1 billion pounds of high-density polyethylene annually. 

The company is a Dutch domicile multinational Chemical Company with American and British Roots which is Incorporated in the Netherlands I'm guessing for Better Tax reasons but their US headquarters is in Houston Texas 
 the company produces ethylene, propylene, polyolefins, and oxyfuels and is also the largest licensor of polyethylene and polypropylene technologies
  • Dividend Yield = 4.65%
  • Institutional Ownership = 71.87%

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