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Stock impact report

LyondellBasell, union begin contract talks at Houston oil refinery [Reuters]

LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB) 
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: lyondellbasell.com/en/investors
Company Research Source: Reuters
LyondellBasell, union begin contract talks at Houston oil refinery | Reuters 2 Min Read HOUSTON (Reuters) - LyondellBasell Industries and a United Steelworkers (USW) local union began talks on Thursday for a new contract for 485 workers at the company’s Houston oil refinery, one day after employees rallied outside that plant over a lack of negotiations, according to the company and union. Marcos Velez, USW International representative, said the union was expecting the company to propose cuts, without elaborating on the type of reductions expected. “The union and the company have met and while the union remains committed to reaching a deal, the company’s initial proposals are concessionary and far from acceptable to the union,” Velez said. The contract between LyondellBasell and USW local 13-227 expires on Feb. 1. The agreement on local issues will be combined with a national contract to be negotiated in January between USW International representatives and Shell Oil Co, the U.S. arm o Show less Read more
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