On Monday, Shares of LyondellBasell Industries N.V. (NYSE:LYB), gained 2.68% to $103.53.
LyondellBasell Industries, declared that Doug Pike, Vice President of Investor Relations, will address investors at the 2015 Wells Fargo Industrial and Construction Conference in New York City on May 6, 2015 at 9:15 a.m. ET. The conference will take place at The New York Palace Hotel, 455 Madison Avenue.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers.
At the end of Monday’s trade, Shares of ASML Holding NV (NASDAQ:ASML), jumped 2.38% to $109.71.
ASML Holding, declared that it has signed a contract with one of its major US customers to deliver a minimum of 15 ASML EUV lithography systems to support raised development activity and pilot production of future-generation manufacturing processes. The customer intends to use EUV lithography for multiple processing steps in future process technology nodes. The delivery of the first two NXE:3350B EUV systems is predictable before the end of 2015. The new systems will be in addition to the existing EUV development systems already at the customer. Financial terms were not revealed.
Extreme Ultraviolet (EUV) lithography is the leading new patterning technology that simplifies the manufacturing process for the most advanced chips with noteworthy benefits in terms of yield and cycle time. It will assist the semiconductor industry to continue Moore`s Law well into the next decade by packing more transistors on a chip, reducing cost-per-function and improving energy efficiency.
ASML Holding N.V. engages in the development, production, marketing, sale, and servicing of advanced semiconductor equipment systems with a focus on lithography related systems worldwide.
Flowserve Corp. (NYSE:FLS), ended its last trade with 2.19% gain, and closed at $57.88.
Flowserve Corporation, declared that Karyn F. Ovelmen will join Flowserve as Executive Vice President and Chief Financial Officer, effective June 1, 2015.
Ovelmen will join Flowserve from LyondellBasell Industries N.V., one of the world`s largest plastics and chemicals companies, where she has served as Executive Vice President and Chief Financial Officer since 2011. Ovelmen also serves as a member of LyondellBasell`s Administration Board, which oversees the strategies, policies and resources for that company, which has about $45 billion in revenues, 13,000 employees worldwide and 58 manufacturing sites in 18 countries.
Preceding to LyondellBasell, Ovelmen served as Chief Financial Officer at both Petroplus Holdings AG, Europe`s largest independent refiner at the time, and Argus Atlantic Energy, the predecessor company to Petroplus. Ovelmen began her corporate career at Premcor, Inc., following 12 years in public accounting with Price Waterhouse Coopers. A certified public accountant, Ovelmen earned her bachelor`s degree from the University of Connecticut.
Flowserve Corporation designs, manufactures, distributes, and services industrial flow administration equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD).
Finally, Teck Resources Limited (NYSE:TCK), closed at $14.62, with 2.02% gain.
Teck Resources, declared that it has attained an aggregate of 3,897,739 additional common shares of Erdene Resource Development Corp.. Teck subscribed for 2,826,310 common shares from Erdene in a private placement at a purchase price of $0.139 per common share and attained the remaining 1,071,429 common shares through the exercise of share-purchase warrants at an exercise price of $0.10 per warrant.
As a result of these transactions, Teck holds 13,040,596 Erdene common shares, representing about 15.1% of Erdene’s issued and outstanding common shares. Erdene is a mining company focused on the acquisition, exploration and development of base and precious metals in Mongolia.
Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.
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