COVID Stimulus Watch Individual Entry
Recipient Company:
LYB INT FINANCE III
Loan or Loan Guarantee Amount:
$3,205,654
Recipient Details
Ownership Structure: publicly traded (ticker symbol LYB)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: LyondellBasell Industries
Headquartered in: Netherlands
Parent Sector: chemicals
Parent Industry: chemicals
Employees (prior to pandemic): 19,100
Accountability Issues Since 2010
Employment-related Penalties: $764,444
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $220,646,385
Ratio of CEO Pay to that of Median Worker: 184 to 1
CEO Compensation: $15,943,313
Worker Median Pay: $86,466
Total Federal, State, and Local Subsidies: $21,191,286
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