LyondellBasell Industries NV (NYSE:LYB)
$ 101.34 -0.03 (-0.03%) Market Cap: 33.00 Bil Enterprise Value: 43.26 Bil PE Ratio: 15.66 PB Ratio: 2.54 GF Score: 81/100

LyondellBasell Industries NV at Morgan Stanley Global Chemicals Conference Transcript

Nov 13, 2019 / 04:00PM GMT
Release Date Price: $95.26 (-1.37%)
Vincent Stephen Andrews
Morgan Stanley, Research Division - MD

Thank you. Okay. Welcome back. We're here with LyondellBasell now. We've got Jim Guilfoyle, EVP of Advanced Polymer Solutions and Global Supply Chain; as well as Dave Kinney from Investor Relations.

Questions & Answers

Vincent Stephen Andrews
Morgan Stanley, Research Division - MD

So maybe let's start with APS. You've done a variety of things at the company, but now you're in charge of APS. And maybe help us bridge sort of what was it -- well, it wasn't APS before you bought Schulman, right? It was just kind of within the E&P segment. Is that right? Sort of talk us through what the base Lyondell was, what Schulman brought, and then sort of what you're going to do to make the 2 things add up to more than 2.

James Guilfoyle

Okay. Sure. So when we put together APS, APS consists of some legacy LyondellBasell businesses as well as the acquisition of A. Schulman. We have a very sizable polypropylene compounding business that had always been buried

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