MOSCOW (MRC) -- LyondellBasell, one of the world’s largest plastics, chemical and refining companies, has announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of USD0.78 per share, said the producer on its site.
The interim dividend will be paid March 14, 2016 to shareholders of record February 29, 2016 with an ex-dividend date of February 25, 2016.
We remind that, as MRC wrote before, in October 2015, LyondellBasell announced the acquisition of SJS Plastiblends Pvt. Ltd. (SJS), thereby advancing the company’s position in India’s expanding automotive market. In August, LyondellBasell announced a definitive agreement to acquire SJS, a polypropylene (PP) compounds manufacturer located in Aurangabad, Maharashtra, India.
LyondellBasell is one of the world’s largest plastics, chemical and refining companies and a member of the S&P 500. LyondellBasell manufactures products at 56 sites in 19 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.
MRC