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Subsidy Tracker Parent Company Summary
Parent Company Name: LyondellBasell Industries
Ownership Structure: publicly traded (ticker symbol LYB)
Headquartered in: Netherlands
Major Industry: chemicals
Specific Industry: chemicals
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $214,399,769 | 19 |
Federal (grants and allocated tax credits) | $793,808 | 1 |
TOTAL | $215,193,577 | 20 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $1,350,000 | 1 |
TOTAL | $1,350,000 | 1 |
Time Period for State and Local Awards: Earliest year of data: 1999. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Texas | $197,850,144 | 6 |
Louisiana | $15,776,978 | 7 |
Pennsylvania | $416,000 | 2 |
Ohio | $258,647 | 3 |
Iowa | $98,000 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Lyondell Chemical Company | Texas | local | 2017 | $87,697,125 | | property tax abatement |
Equistar Chemicals, LP | Texas | local | 2013 | $34,350,441 | | property tax abatement |
EQUISTAR CHEMICALS, LP | Texas | local | 2016 | $33,217,244 | | property tax abatement |
Equistar Chemicals, LP | Texas | local | 2013 | $17,294,455 | | property tax abatement |
Lyondell Chemical Company | Texas | local | 2017 | $14,038,732 | | property tax abatement |
Equistar Chemicals, LP | Texas | local | 2013 | $11,252,147 | | property tax abatement |
Equistar Chemicals LP | Louisiana | state | 2012 | $8,204,914 | | property tax abatement |
Equistar Chemicals LP | Louisiana | state | 2016 | $4,271,711 | | property tax abatement |
Equistar Chemicals LP | Louisiana | state | 2015 | $1,046,456 | | property tax abatement |
Equistar Chemicals LP | Louisiana | state | 2013 | $833,903 | | property tax abatement |
Lyondell Chemical Company | United States | federal | 2012 | $793,808 | | federal grant |
Equistar Chemicals LP | Louisiana | state | 2011 | $683,817 | | property tax abatement |
Equistar Chemicals LP | Louisiana | local | 2014 | $652,104 | | property tax abatement |
ICO Polymers North America Inc. | Pennsylvania | state | | $216,000 | | tax credit/rebate |
ICO Polymers North America Inc. | Pennsylvania | state | | $200,000 | | grant |
A. Schulman, Inc. | Ohio | state | 2008 | $174,147 | | tax credit/rebate |
Equistar Chemicals, LP | Iowa | state | 2011 | $98,000 | | training reimbursement |
Equistar Chemicals LP | Louisiana | state | 2012 | $84,073 | | property tax abatement |
A SCHULMAN INC | Ohio | state | 2009 | $62,000 | | grant |
A SCHULMAN INC | Ohio | state | 2010 | $22,500 | | grant |
Lyondellbasell Chemical Corp. | United States | federal | 2008 | | $1,350,000 | federal loan or loan guarantee |
Equistar Chemicals LP | Texas | state | 1999 | undisclosed | | property tax abatement |
Equistar Chemicals LP | Texas | state | 1999 | undisclosed | | property tax abatement |
Equistar Chemicals LP #1 | Texas | state | 2000 | undisclosed | | property tax abatement |
Equistar Chemicals LP #2 | Texas | state | 2000 | undisclosed | | property tax abatement |
Equistar Chemicals LP #1 | Texas | state | 2001 | undisclosed | | property tax abatement |
Equistar Chemicals LP #2 | Texas | state | 2001 | undisclosed | | property tax abatement |
Equistar Chemicals LP #1 | Texas | state | 2002 | undisclosed | | property tax abatement |
Equistar Chemicals LP #2 | Texas | state | 2002 | undisclosed | | property tax abatement |
Equistar Chemicals LP #1 | Texas | state | 2003 | undisclosed | | property tax abatement |
Equistar Chemicals LP #2 | Texas | state | 2003 | undisclosed | | property tax abatement |
Lyondell Chemical Company | West Virginia | state | 2007 | undisclosed | | tax credit/rebate |
Lyondell Chemical Company | West Virginia | state | 2008 | undisclosed | | tax credit/rebate |
Equistar Chemicals, LP | Texas | state | 2014 | undisclosed | | enterprise zone |
Equistar Chemicals, LP | Texas | state | 2015 | undisclosed | | enterprise zone |
Lyondell Chemical Company | Texas | state | 2018 | undisclosed | | enterprise zone |
Lyondell Chemical Company | Texas | state | 2018 | undisclosed | | enterprise zone |