| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | divestiture_reduction | completed | 2026-05-01 | Europe | O&P-EAI | USD 734 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Completed divestiture of select European olefins and polyolefins assets and associated businesses; pre-tax loss of $734 million including a $310 million cash contribution at closing. No employee headcount disclosed. | |||
| 2026-06-30 | plant_closure | announced | Italy | O&P-EAI | USD 31 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Planned closure of polypropylene unit at Brindisi site; $31 million of employee-related costs recognized in Q2 2026 in Cost of sales. No headcount disclosed. | ||||
| 2026-06-30 | divestiture_reduction | completed | 2026-05-01 | 2026-05-01 | Europe (France, Germany, United Kingdom, Spain) | O&P-EAI | USD 734 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of select European olefins and polyolefins assets completed May 1, 2026; pre-tax loss of $734M includes a $310M cash contribution to the businesses at closing. No employee count disclosed. | ||
| 2026-06-30 | plant_closure | in_progress | Italy | O&P-EAI (polypropylene unit, Brindisi site) | USD 31 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned closure of polypropylene unit; $31M of employee-related costs recognized in Q2 2026 within Cost of sales. No employee count or announcement date disclosed. | ||||
| 2026-06-30 | plant_closure | in_progress | 2026-04-01 | Italy | O&P-EAI | USD 31 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Planned closure of polypropylene unit at Brindisi site; $31 million employee-related costs recognized in Q2 2026. | |||
| 2026-06-30 | divestiture_reduction | completed | 2026-05-01 | 2026-05-01 | Europe | O&P-EAI | USD 734 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of select European olefins and polyolefins assets (France, Germany, UK, Spain). Pre-tax loss of $734 million recognized. Employee count not disclosed. | ||
| 2025-12-31 | plant_closure | completed | 2025-02 | 2025 | Houston, Texas, United States | Refining (reported as discontinued operations) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Business operations ceased in February 2025; shutdown of refining operations completed in the first quarter of 2025. Refining results reclassified to discontinued operations. Together with cash improvement plan fixed-cost reductions, contributed to the ~7% year-over-year workforce decline. Asset retirement obligations associated with the refinery exit were $154 million at December 31, 2025. | |||
| 2025-12-31 | restructuring | in_progress | 2025-04 | Not disclosed | Company-wide fixed cost reductions | USD 32 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Plan targeted $600 million of annualized savings for 2025; achieved $800 million of annualized savings by end of 2025 and targets an additional $500 million in 2026 for a cumulative $1.3 billion. Fixed cost reductions may be achieved through contract changes, reductions in employees and employee-related expenses, or other means. Together with the Houston refinery shutdown, drove the ~7% year-over-year workforce decline. | |||
| 2025-12-31 | plant_closure | in_progress | 2025-03 | 2027 | Maasvlakte, Netherlands | Intermediates and Derivatives (European PO/SM joint venture with Covestro) | USD 126 (millions) | other f5-10k / GLM-5.3-flash-HTML | Permanent closure of the European PO Joint Venture announced March 2025. Company estimates its share of total shutdown costs at approximately $215 million, to be incurred through 2027; $126 million of shutdown costs were recognized in 2025 in Cost of sales. | ||
| 2025-12-31 | divestiture_reduction | announced | 2025-06 | 2026 | Berre l'Etang (France), Münchsmünster (Germany), Carrington (United Kingdom), Tarragona (Spain) | O&P-EAI | USD 700 (millions) | other f5-10k / GLM-5.3-flash-HTML | Sale of select European olefins and polyolefins assets and associated business. Put option agreement entered June 2025; sale and purchase agreement executed October 2025 following works council consultation. Closing expected in the second quarter of 2026. Expected loss on sale of approximately $700 million to $900 million upon closing, including a ~$300 million cash contribution; $36 million of selling, separation and employee-related costs recognized in 2025, plus $56 million of PP&E impairments on held-for-sale assets. Sites represent approximately 25% of O&P-EAI production capacity. | ||
| 2025-12-31 | plant_closure | completed | 2025-02 | 2025-02-28 | United States (Houston, Texas) | Refining (reported as discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Business operations ceased at the Houston refinery in February 2025; the refinery business is reported as a discontinued operation. Employee counts not disclosed; headcount decline contributed to the approximately 7% total workforce decrease in 2025. | |||
| 2025-12-31 | restructuring | in_progress | 2025-04 | Global | Enterprise-wide (cash improvement plan) | USD 32 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan announced April 2025 with three initiatives: capital spending deferral, working capital reduction, and fixed cost reductions including reductions in employees and employee-related expenses. $32 million of severance costs incurred in 2025; $800 million annualized savings achieved versus plan, with a further $500 million targeted in 2026. | |||
| 2025-12-31 | plant_closure | in_progress | 2025-03 | 2027-12-31 | Netherlands (Maasvlakte site) | Intermediates and Derivatives (European PO Joint Venture with Covestro) | USD 126 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Permanent closure announced March 2025; $126 million of shutdown costs incurred in FY2025 (included in Cost of sales). Company's share of total shutdown costs estimated at approximately $215 million through 2027. Employee counts not disclosed. | ||
| 2025-12-31 | divestiture_reduction | in_progress | 2025-06 | 2026-06-30 | France (Berre l'Etang), Germany (Münchsmünster), United Kingdom (Carrington), Spain (Tarragona) | Olefins and Polyolefins-Europe, Asia, International (O&P-EAI) | USD 36 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale agreement entered June 2025 (put option exercised October 2025); closing expected Q2 2026. $36 million of selling, separation and employee-related costs recognized in 2025, with total such costs estimated at $100-150 million; expected loss on sale of approximately $700-900 million at closing, including a ~$300 million cash contribution to the sold businesses. Sites represent approximately 25% of O&P-EAI production capacity. Employee counts not disclosed. | ||
| 2025-12-31 | restructuring | completed | 2025-04 | 2025-12-31 | Global | Various | USD 32 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced in April 2025. Targeted $600M annualized savings; achieved $800M. Included fixed cost reductions via contract changes and employee reductions. Incurred $32M in severance costs during 2025. | ||
| 2025-12-31 | plant_closure | completed | 2025-02 | 2025-02 | Houston, Texas, USA | Refining (Discontinued Operations) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Ceased business operations at Houston refinery in February 2025. Contributed to 7% decrease in total employee headcount. | |||
| 2025-12-31 | plant_closure | in_progress | 2025-03 | 2027-12-31 | Maasvlakte, Netherlands | Intermediates and Derivatives (European PO Joint Venture) | USD 126 (millions) | Item_1A_Risk_Factors f5-10k / Qwen3.6-27B-Q8_0 | Announced permanent closure of PO/SM production unit in March 2025. Recognized $126M in shutdown costs in 2025. Total estimated shutdown costs approx $215M through 2027. | ||
| 2025-09-30 | plant_closure | completed | Houston, Texas, United States | Refining (discontinued operations) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Houston refinery ceased business operations in February 2025; refining business reported as discontinued operations. No employee count disclosed. | |||||
| 2025-09-30 | plant_closure | in_progress | 2025-03-01 | 2027-12-31 | Maasvlakte, Netherlands | I&D — European PO Joint Venture (POSM unit) | USD 215 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Permanent closure of POSM unit; estimated company share of shutdown costs approximately $215 million through 2027; $117 million incurred in first nine months of 2025. No employee count disclosed. | ||
| 2025-09-30 | divestiture_reduction | announced | 2025-06-01 | 2026-06-30 | Berre l'Etang (France), Münchsmünster (Germany), Carrington (United Kingdom), Tarragona (Spain) | O&P-EAI | USD 800 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of select European olefins & polyolefins assets and associated business; put option exercised October 2025; expected loss on sale of approximately $700-$900 million at closing, expected in first half of 2026. No employee count disclosed. | ||
| 2025-09-30 | restructuring | in_progress | 2025-04-01 | 2025-12-31 | Company-wide | USD 27 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Cash Improvement Plan targets $600 million annualized savings for 2025, including $200 million of fixed cost reductions which may be achieved through reductions in employees and employee-related expenses; $27 million of implementation costs incurred through September 30, 2025. No employee count disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2025-04-01 | 2025-12-31 | Global | Corporate / All Segments | USD 27 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced in April 2025. Includes fixed cost reductions of $200M. As of Sept 30, 2025, $27M in costs incurred. Employee count not disclosed. | ||
| 2025-09-30 | plant_closure | in_progress | 2025-03-01 | 2027-12-31 | Netherlands | Intermediates and Derivatives | USD 117 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Permanent closure of POSM unit at Maasvlakte site. Total estimated shutdown costs $215M. $117M incurred in first nine months of 2025. Employee count not disclosed. | ||
| 2025-09-30 | plant_closure | completed | 2025-02-01 | 2025-02-01 | United States | Refining (Discontinued Operations) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ceased business operations at Houston refinery in February 2025. Reported as discontinued operation. Employee count not disclosed. | |||
| 2025-06-30 | plant_closure | completed | Houston, Texas, United States | Refining (discontinued operations) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Houston refinery ceased business operations in February 2025; refining business reported as discontinued operations. No employee count disclosed. | |||||
| 2025-06-30 | divestiture_reduction | announced | 2025-06-30 | 2026-06-30 | France, Germany, United Kingdom, Spain | Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) | USD 800 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell select European O&P assets (Berre l'Etang, Münchsmünster, Carrington, Tarragona); expected loss on sale of approximately $700-$900 million upon closing, expected close in first half of 2026. Includes $32 million non-cash impairment in Q2 2025 and $10 million transaction costs. No employee count disclosed. | ||
| 2025-06-30 | plant_closure | in_progress | 2025-03-31 | 2027-12-31 | Maasvlakte, Netherlands | Intermediates and Derivatives (European PO Joint Venture) | USD 215 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Permanent closure of Propylene Oxide Styrene Monomer (POSM) unit at Maasvlakte joint venture with Covestro; estimated shutdown costs of approximately $215 million through 2027, with $117 million incurred in Q1 2025. No employee count disclosed. | ||
| 2025-06-30 | divestiture_reduction | announced | 2025-06-30 | 2025-12-31 | United States | Advanced Polymer Solutions (U.S. specialty powders business) | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell U.S. specialty powders business for total consideration of approximately $10 million; expected to close in second half of 2025. No employee count disclosed. | ||
| 2025-06-30 | restructuring | in_progress | 2025-04-30 | 2025-12-31 | Company-wide | USD 20 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Cash Improvement Plan targets $600 million run-rate annualized savings in 2025, including $200 million of fixed cost reductions (which may include reductions in employees and employee-related expenses); one-time implementation costs estimated under $50 million; $20 million of costs incurred as of June 30, 2025. No employee count disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2025-04 | Global | Company-wide (incl. Advanced Polymer Solutions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Targets $600M annualized 2025 savings: $200M capex deferral, $200M working capital reduction, $200M fixed cost cuts; implementation costs under $50M. Filer states fixed cost reductions may come from contract changes, employee reductions or other means; no headcount figure or severance charge disclosed. $20M of plan costs incurred as of 2025-06-30, including $8M in Q2. | ||||
| 2025-06-30 | plant_closure | completed | 2025-02 | United States (Houston, Texas) | Refining (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business operations ceased at the Houston refinery in February 2025; refining reported as discontinued operations for all periods. No employee count or severance amount disclosed. | ||||
| 2025-06-30 | plant_closure | in_progress | 2025-03 | 2027-12-31 | Netherlands (Maasvlakte) | Intermediates and Derivatives — European PO Joint Venture (with Covestro) | USD 215 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Permanent closure of the POSM unit announced March 2025; company's share of total shutdown costs estimated at ~$215M through 2027, with $117M incurred in Q1 2025. No employee count disclosed. | ||
| 2025-06-30 | divestiture_reduction | announced | 2025-06 | 2026-06-30 | Europe (France, Germany, United Kingdom, Spain) | Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Put option deed signed June 2025 for select European olefins & polyolefins sites (Berre l'Etang, Münchsmünster, Carrington, Tarragona); expected loss on sale of $700M–$900M at closing, plus $100M–$150M of pre-closing selling, separation and employee-related costs. No employee count disclosed; $32M non-cash impairment and $10M transaction costs recognized in Q2 2025. | |||
| 2025-06-30 | divestiture_reduction | announced | 2025-04 | 2025-12-31 | United States | Advanced Polymer Solutions (APS) — U.S. specialty powders business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell non-core U.S. specialty powders business for ~$10M, expected to close in second half of 2025. No employee count disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2025-04-01 | 2025-12-31 | Global | Corporate / All Segments | USD 20 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced in April 2025. Targets $600M annualized savings including $200M fixed cost reductions via 'contract changes, reductions in employees and employee-related expenses'. $20M costs incurred as of June 30, 2025. Employee count not disclosed. | ||
| 2025-06-30 | plant_closure | in_progress | 2025-03-01 | 2027-12-31 | Netherlands | Intermediates and Derivatives | USD 215 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Permanent closure of Propylene Oxide Styrene Monomer (POSM) production unit at Maasvlakte site (European PO Joint Venture). Estimated total shutdown costs $215M through 2027. $117M incurred in Q1 2025. Employee count not disclosed. | ||
| 2025-06-30 | plant_closure | completed | 2025-02-01 | 2025-02-01 | United States | Refining (Discontinued Operations) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ceased business operations at Houston refinery in February 2025. Reported as discontinued operation. Employee count not disclosed. | |||
| 2025-03-31 | plant_closure | in_progress | 2025-03 | 2027-12-31 | Netherlands | I&D — European PO Joint Venture (POSM unit, Maasvlakte site) | USD 117 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Permanent closure of POSM unit announced March 2025; estimated total shutdown costs of approximately $215 million through 2027, of which $117 million incurred in Q1 2025. No employee headcount figures disclosed. | ||
| 2025-03-31 | restructuring | announced | 2025-04 | Company-wide | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Cash Improvement Plan targeting $500 million annualized savings, including $200 million in fixed cost reductions which may be achieved through reductions in employees and employee-related expenses. No headcount figures disclosed. | |||||
| 2025-03-31 | plant_closure | in_progress | 2025-03-01 | 2027-12-31 | Netherlands | Intermediates and Derivatives (European PO Joint Venture with Covestro, Maasvlakte site) | USD 215 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Permanent closure of POSM unit announced March 2025; $117M of shutdown costs incurred in Q1 2025. No employee count disclosed. | ||
| 2025-03-31 | restructuring | announced | 2025-04-01 | Global | Company-wide (Cash Improvement Plan) | USD 50 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2025 plan targets $500M annualized savings: $100M capex deferral, $200M working capital reduction, $200M fixed cost reductions. Fixed cost cuts may include reductions in employees; one-time implementation costs estimated under $50M. No employee count disclosed. | |||
| 2025-03-31 | plant_closure | completed | 2025-02-01 | 2025-02-28 | United States (Houston, Texas) | Refining (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business operations ceased at Houston refinery February 2025; refining reported as discontinued operations. No employee count disclosed. | |||
| 2025-03-31 | plant_closure | in_progress | 2025-03-31 | 2027-12-31 | Netherlands | Intermediates and Derivatives | USD 215 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced permanent closure of Propylene Oxide Styrene Monomer (POSM) production unit at Maasvlakte site. Estimated total shutdown costs $215 million through 2027; $117 million incurred in Q1 2025. | ||
| 2025-03-31 | other | announced | 2025-04-30 | Global | Corporate | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced Cash Improvement Plan targeting $500 million annualized savings, including $200 million fixed cost reductions potentially achieved through reductions in employees. | ||||
| 2024-12-31 | plant_closure | in_progress | 2022-04 | 2025-03-31 | United States (Houston, Texas) | Refining | USD 179 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Refinery exit costs of $179 million recognized in FY2024 (cumulative $700 million through 2024), comprising accelerated lease amortization $38M, personnel costs $35M, ARO accretion $8M, asset retirement cost depreciation $80M and other charges $18M. Shutdown activities commenced January 2025; exit expected substantially complete in Q1 2025. An additional $70 million of costs expected, over half in 2025. No employee count disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2024 | Europe (France, Germany, United Kingdom, Spain, Italy, The Netherlands) | O&P-EAI and I&D (European PO joint venture) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic review of five non-core European facilities plus the European PO JV, representing approximately 30% of O&P-EAI production capacity. A $837 million non-cash PP&E impairment was recorded in Q4 2024 on assets in scope; a marketing effort to gauge buyer interest was launched in Q4 2024. No headcount or severance amount disclosed. | ||||
| 2024-12-31 | divestiture_reduction | completed | 2024-05 | 2024-05-31 | United States (Bayport, Texas) | I&D — Ethylene Oxide & Derivatives business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the U.S. Gulf Coast EO&D business and Bayport production facility completed in Q2 2024 for cash proceeds of $689 million, with a pre-tax gain of $284 million. No headcount transferred or removed disclosed. | |||
| 2024-09-30 | plant_closure | in_progress | United States (Houston, Texas) | Refining | USD 57 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned exit from the Houston refinery business; $57M of exit costs in Q3 2024 ($135M YTD, $656M cumulative), including $7M personnel costs in Q3. Total estimated exit cost range $610M-$980M; no employee headcount disclosed. | ||||
| 2024-09-30 | divestiture_reduction | completed | 2024-05-31 | United States (Bayport, Texas) | Intermediates and Derivatives | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of U.S. Gulf Coast EO&D business completed May 2024 for $700M cash proceeds with $293M pre-tax gain; no headcount associated with the divested business is disclosed. | ||||
| 2024-09-30 | restructuring | in_progress | Houston, Texas | Refining | USD 57 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Planned exit from refinery business. Q3 2024 costs included accelerated lease amortization, personnel costs, and asset retirement obligations. Total estimated exit costs range from $610 million to $980 million. | ||||
| 2024-09-30 | restructuring | in_progress | Global | Multiple | USD 135 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Year-to-date 2024 costs for planned refinery exit. Includes personnel costs of $23 million. | ||||
| 2024-06-30 | plant_closure | in_progress | Houston, Texas, USA | Refining | USD 16 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned exit from the refinery business; $16M is personnel costs for the six months ended June 30, 2024 (total exit costs $78M in the period; $599M cumulative through June 30, 2024). No employee count disclosed; no announcement date stated in this filing. | ||||
| 2024-06-30 | restructuring | in_progress | Houston, Texas | Refining | USD 78 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Planned exit from refinery business. YTD costs incurred include accelerated lease amortization, personnel costs, and asset retirement obligations. Total estimated exit costs range from $560 million to $1,000 million. | ||||
| 2024-06-30 | divestiture_reduction | completed | 2024-05-31 | 2024-05-31 | Bayport, Texas | Intermediates and Derivatives | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sold U.S. Gulf Coast-based EO&D business and production facilities for $700 million. Employee count not disclosed. | |||
| 2024-06-30 | acquisition_addition | completed | 2024-05-31 | 2024-05-31 | Saudi Arabia | Olefins and Polyolefins-Europe, Asia, International | USD 500 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquired 35% interest in National Petrochemical Industrial Company (NATPET) for approx. $500 million. Employee count not disclosed. | ||
| 2024-03-31 | plant_closure | in_progress | United States (Houston, TX) | Refining | USD 36 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned exit from the refinery business; $36M of refinery exit costs in Q1 2024, including $6M personnel costs ($146M inception-to-date). Total estimated exit costs range $560M-$1,050M; no employee count disclosed. | ||||
| 2024-03-31 | divestiture_reduction | in_progress | 2024-06-30 | United States (Bayport, TX) | Intermediates and Derivatives | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell the U.S. Gulf Coast ethylene oxide and derivatives business for $700M cash; expected to close in Q2 2024. No headcount associated with the sale is disclosed. | ||||
| 2024-03-31 | acquisition_addition | announced | 2024-01-31 | Saudi Arabia | Olefins and Polyolefins-Europe, Asia, International (O&P-EAI) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire a 35% interest in NATPET for approximately $500 million; expected to close in coming months. No headcount disclosed. | ||||
| 2024-03-31 | restructuring | in_progress | Houston, Texas | Refining | USD 36 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned exit from refinery business. Q1 2024 costs included $8M accelerated lease amortization, $6M personnel costs, $2M asset retirement obligation accretion, and $20M asset retirement cost depreciation. Total costs since inception: $557M. Estimated total exit costs: $560M-$1,050M. | ||||
| 2023-12-31 | plant_closure | in_progress | 2022-04-01 | 2025-03-31 | Houston, Texas, United States | Refining | USD 334 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board Finance Committee approved exit from refining in April 2022; $334M exit costs recognized in 2023 ($521M cumulative through 2023-12-31); total estimated exit costs $550M–$1,050M; includes $76M personnel costs in 2023 | ||
| 2023-12-31 | divestiture_reduction | announced | 2023-10-01 | 2024-06-30 | Bayport, Texas, United States | Intermediates and Derivatives (I&D) | USD 700 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell U.S. Gulf Coast ethylene oxide & derivatives business for $700M cash; expected close Q2 2024; headcount not disclosed | ||
| 2023-12-31 | acquisition_addition | completed | 2023-04-01 | 2023-04-30 | The Netherlands and Belgium | Olefins and Polyolefins-Europe, Asia, International (O&P-EAI) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 50% interest in Quality Circular Polymers (QCP), making it wholly-owned; headcount not disclosed | |||
| 2023-12-31 | acquisition_addition | announced | 2024-01-01 | Saudi Arabia | Olefins and Polyolefins-Europe, Asia, International (O&P-EAI) | USD 500 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire 35% interest in NATPET for ~$500M; announced January 2024 after fiscal year-end; headcount not disclosed | |||
| 2023-09-30 | plant_closure | in_progress | 2022-04-01 | 2025-03-31 | United States (Houston, Texas) | Refining | USD 59 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Personnel costs of $59M for nine months ended 2023; no employee count disclosed. Shutdown extended to no later than end of Q1 2025. | ||
| 2023-09-30 | divestiture_reduction | announced | 2023-09-30 | United States (U.S. Gulf Coast) | Intermediates and Derivatives — ethylene oxide & derivatives business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | During Q3 2023 the company determined a sale of the EO&D business is the best option and approved a plan; assets and liabilities classified as held for sale at 2023-09-30. No headcount disclosed. | ||||
| 2023-09-30 | restructuring | in_progress | 2022-04-01 | 2025-03-31 | United States | Refining | USD 49 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Exit of Houston Refinery Operations. Costs incurred in Q3 2023 include accelerated lease amortization, personnel costs, and asset retirement obligations. Extension of operations to Q1 2025. | ||
| 2023-09-30 | restructuring | in_progress | 2022-04-01 | 2025-03-31 | United States | Refining | USD 284 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Exit of Houston Refinery Operations. YTD 2023 costs incurred include accelerated lease amortization, personnel costs, and asset retirement obligations. | ||
| 2023-06-30 | restructuring | in_progress | 2022-04-01 | 2025-03-31 | United States | Refining | USD 111 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Extension of Houston refinery operations to end of Q1 2025. Q2 2023 costs included $38M accelerated lease amortization, $27M personnel costs, $2M asset retirement obligation accretion, and $44M asset retirement cost depreciation. | ||
| 2023-03-31 | plant_closure | in_progress | 2022-04 | 2023-12-31 | United States (Houston, Texas) | Refining | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company decided to cease Houston refinery operations no later than end of 2023. Q1 2023 exit-related charges: $51M accelerated lease amortization, $16M personnel costs, $55M asset retirement cost depreciation, $2M ARO accretion. No employee count disclosed; future personnel costs estimated at $40M–$70M. Asset retirement obligations estimated $150M–$450M ($253M recorded at 2023-03-31). | |||
| 2023-03-31 | restructuring | in_progress | 2022-04-01 | 2023-12-31 | United States | Refining | USD 124 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q1 2023 charges include $51M accelerated lease amortization, $16M personnel costs, $55M asset retirement cost depreciation, and $2M accretion. Total Q1 charge is $124M. Future expected costs include $100M-$200M accelerated amortization, $40M-$70M personnel costs, and $50M-$100M other charges. Employee count not disclosed. | ||
| 2022-12-31 | plant_closure | in_progress | 2022-04 | 2023-12-31 | Houston, Texas, United States | Refining | USD 187 (millions) | other f5-10k / GLM-5.3-flash-HTML | Announced decision in April 2022 to cease Houston refinery operations no later than end of 2023. FY2022 exit charges of $187 million comprised accelerated lease amortization of $91 million, personnel costs of $64 million, asset retirement cost depreciation of $30 million and asset retirement obligation accretion of $2 million. Additional future costs expected, including personnel costs of $50–80 million and other charges of $50–100 million; asset retirement obligations of $249 million recorded at year-end (estimated range $150–450 million). Number of employees affected not disclosed. | ||
| 2022-12-31 | divestiture_reduction | completed | 2022-04 | 2022-06 | Geelong, Australia | O&P-EAI (polypropylene manufacturing) | USD 69 (millions) | other f5-10k / GLM-5.3-flash-HTML | Sale of the Australian polypropylene business (LyondellBasell Australia (Holdings) Pty Ltd, Geelong facility) agreed in April 2022 and completed in the second quarter of 2022 for $38 million consideration; a $69 million non-cash impairment was recognized in the O&P-EAI segment. Workforce impact not quantified in the filing. | ||
| 2022-12-31 | plant_closure | in_progress | 2022-04 | 2023-12-31 | United States | Refining | USD 64 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision announced April 2022 to cease Houston refinery operations no later than end of 2023; 2022 personnel costs of $64M plus $91M accelerated lease amortization; no employee count disclosed; further costs of $50M-$80M personnel expected in subsequent periods | ||
| 2022-12-31 | divestiture_reduction | completed | 2022-04 | 2022-06-30 | Australia | O&P-EAI | USD 69 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Geelong, Australia polypropylene facility for $38M consideration; $69M non-cash impairment charge recognized in Q2 2022; no employee count disclosed | ||
| 2022-12-31 | other | in_progress | 2022 | 2025-12-31 | Global | Company-wide | USD 150 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Value enhancement program targeting ~$575M recurring annual net income improvement by end of 2025; $150M of costs estimated for 2023; no headcount impact disclosed | ||
| 2022-12-31 | plant_closure | announced | 2022-04 | 2023-12-31 | Houston, Texas | Refining | USD 187 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Decision to exit refining business and close Houston refinery by end of 2023. $187 million expense recognized in 2022. Additional costs expected in subsequent periods. | ||
| 2022-12-31 | divestiture_reduction | completed | 2022-06 | 2022-06-30 | Australia | O&P-EAI | USD 69 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of Australian polypropylene manufacturing facility. $69 million non-cash impairment charge recognized. | ||
| 2022-09-30 | plant_closure | in_progress | 2022-04-01 | 2023-12-31 | Houston, Texas, United States | Refining | USD 84 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company announced in April 2022 it will cease operation of the Houston Refinery no later than end of 2023. Q3 2022 charges: $36 million accelerated lease amortization and $48 million personnel costs; asset retirement obligations of $121 million recorded. Additional expected charges include $200-$300 million accelerated lease amortization, $50-$80 million personnel costs, and $50-$100 million other charges. No employee headcount affected was disclosed. | ||
| 2022-09-30 | plant_closure | in_progress | 2022-04-30 | 2023-12-31 | United States (Houston, Texas) | Refining | USD 48 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Personnel costs of $48 million expensed in Q3 2022 for the announced Houston Refinery exit (no later than end of 2023); additional personnel costs of approximately $50–80 million expected. No employee count disclosed. Announcement month stated as April 2022; day not specified. | ||
| 2022-09-30 | divestiture_reduction | completed | 2022-06-30 | 2022-06-30 | Australia (Geelong) | O&P—EAI | USD 69 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of LyondellBasell Australia (Holdings) Pty Ltd polypropylene facility for $38 million consideration; $69 million non-cash impairment recognized in Q2 2022. No headcount associated with the divestiture disclosed. Quarter of sale stated as Q2 2022; exact date not specified. | ||
| 2022-09-30 | restructuring | in_progress | 2022-04-01 | 2023-12-31 | United States | Refining | USD 84 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Decision to cease operation of Houston Refinery by end of 2023. Q3 2022 charges included $36M accelerated lease amortization and $48M personnel costs. Expected additional costs: $200-300M lease amortization, $50-80M personnel, $50-100M other. | ||
| 2022-06-30 | plant_closure | announced | 2022-04-30 | 2023-12-31 | United States (Houston, Texas) | Refining | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced decision to cease Houston Refinery operations no later than Dec 31, 2023. Expected exit costs include accelerated lease amortization ($300–400M), decommissioning ($150–250M), personnel costs ($80–120M), and other charges ($50–100M), recognized over time through 2024. No employee headcount disclosed. | |||
| 2022-06-30 | divestiture_reduction | completed | 2022-06-30 | 2022-06-30 | Australia (Geelong) | O&P—EAI | USD 69 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of LyondellBasell Australia (Holdings) Pty Ltd polypropylene facility for $38M consideration; recognized $69M non-cash impairment. No employee headcount disclosed. | ||
| 2022-06-30 | plant_closure | announced | 2022-04-01 | 2023-12-31 | United States | Refining | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced decision to cease operation of Houston Refinery no later than Dec 31, 2023. Expected costs include $80M-$120M in personnel-related costs, $300M-$400M accelerated amortization, $150M-$250M asset decommissioning, and $50M-$100M other charges. Employee count not specified. | |||
| 2022-03-31 | plant_closure | announced | 2022-04-01 | 2023-12-31 | United States (Houston, Texas) | Refining | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2022 subsequent-event announcement to cease Houston Refinery operations no later than 2023-12-31. Expected exit costs: accelerated operating lease amortization ~$300-400M, decommissioning ~$150-250M, personnel costs ~$80-120M, other ~$50-100M, recognized over time through 2024. No employee count disclosed; personnel-related cost range is the only workforce-linked quantification. | |||
| 2022-03-31 | other | announced | 2022-03-01 | Russia | Corporate / all segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | In March 2022 the company announced it would enter no new transactions with Russian state-owned entities and intends to discontinue such relationships where legally possible; no direct material operational or financial impact expected. No headcount impact quantified. | ||||
| 2022-03-31 | plant_closure | announced | 2022-04-01 | 2023-12-31 | Houston, Texas | Refining | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company announced decision to cease operation of Houston Refinery no later than Dec 31, 2023. Expected costs include $80M-$120M in personnel-related costs, $150M-$250M in asset decommissioning, and $300M-$400M in accelerated amortization. Charges expected to be recognized over time through 2024. | |||
| 2021-12-31 | plant_closure | completed | Intermediates and Derivatives | MD&A f5-10k / GLM-5.3-flash-HTML | Segment EBITDA declined 4% due to site closure costs from the exit of the ethanol business; no headcount, announcement date, or charge amount disclosed. Status inferred from recognition of closure costs within fiscal 2021 results. | ||||||
| 2021-12-31 | plant_closure | completed | United States | Intermediates and Derivatives | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of the ethanol business included site closure costs reducing segment EBITDA by 4%; no headcount or charge amount disclosed | |||||
| 2020-12-31 | voluntary_separation | completed | 10% | United States | Refining | MD&A f5-10k / GLM-5.3-flash-HTML | During 2020, the Refining segment workforce was reduced by approximately 10 percent through early retirements and worker re-deployments to other company facilities; the percentage applies to the Refining segment workforce, not total company headcount, and no affected-employee count or associated charge is disclosed. Disclosed alongside cost-management actions including deferral of non-safety-related discretionary activities. | ||||
| 2020-12-31 | voluntary_separation | completed | 10% | United States | Refining | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 10% reduction of the Refining segment's employee workforce during 2020 via early retirements and re-deployments to other facilities; percent is of segment workforce, not total company. No severance charge quantified. | ||||
| 2020-12-31 | restructuring | completed | 2020-01-01 | 2020-12-31 | Refining Segment | Refining | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced employee workforce by approximately 10% through early retirements and worker re-deployments to other facilities. | |||
| 2020-09-30 | voluntary_separation | in_progress | 10% | United States | Refining | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company is reducing the Refining segment employee workforce by approximately 10 percent through early retirements and potential worker re-deployments to other facilities, as part of cost management at the Houston refinery. | ||||
| 2020-09-30 | restructuring | in_progress | 10% | United States (Houston, Texas) | Refining | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company plans to reduce Houston refinery workforce by approximately 10 percent via early retirements and redeployment to other facilities; no absolute headcount or severance charge disclosed. | ||||
| 2020-09-30 | restructuring | in_progress | 10% | 2020-09-30 | Houston Refinery | Refining | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reducing employee workforce by approximately 10 percent through early retirements and potential worker re-deployments. | |||
| 2020-03-31 | other | in_progress | Global | Advanced Polymer Solutions (APS); other plants across segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company temporarily idled production at several small APS plants serving automotive end markets and reduced rates at other plants due to COVID-19 demand weakness; no employee counts or workforce reduction figures disclosed. | |||||
| 2018-12-31 | acquisition_addition | completed | 2018-08-21 | 2018-08-21 | Global | Advanced Polymer Solutions (APS) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of A. Schulman Inc. completed August 21, 2018 for aggregate consideration of approximately $1,940 million; formed the new APS segment. Employee headcount added through the business combination is not disclosed. Announcement date reflects the disclosed acquisition completion date. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-10 | 2018-10 | France | O&P–EAI (carbon black subsidiary) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of the carbon black subsidiary in France in October 2018 generated net cash proceeds of $37 million and a $36 million pre-tax gain. Number of employees removed via the divestiture is not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-08-21 | 2018-08-21 | Global | Advanced Polymer Solutions (APS) | USD 73 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of A. Schulman Inc. for approximately $1,940 million aggregate purchase price, completed 2018-08-21; created the new APS segment. No acquired headcount disclosed. Related transaction and integration costs of $73 million ($57 million after tax) recognized in 2018, of which $69 million was charged to APS EBITDA and $30 million of transaction costs were recorded in SG&A. A. Schulman was excluded from the ICFR assessment (5% of total assets, 2% of revenues). | ||
| 2018-12-31 | divestiture_reduction | completed | 2018-10-31 | 2018-10-31 | France | Olefins and Polyolefins — Europe, Asia, International (O&P–EAI) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of carbon black subsidiary in France completed October 2018; net cash proceeds of $37 million and pre-tax gain of $36 million. No employee count disclosed; announcement date approximated to month of completion. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-08-21 | 2018-08-21 | Global | Advanced Polymer Solutions | USD 1,940 (millions) | Item 1. Business - Overview f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of A. Schulman Inc. completed August 21, 2018. Specific headcount added not disclosed in this filing. | ||
| 2017-12-31 | acquisition_addition | announced | 2018-02-15 | Global | Advanced Polymer Solutions | subsequent_events f5-10k / GLM-5.3-flash-HTML | Definitive agreement to acquire A. Schulman for total consideration of $2.25 billion ($42 per share plus contingent value rights), funded with cash-on-hand; closing expected in the second half of 2018; no employee headcount figures disclosed. | ||||
| 2017-12-31 | restructuring | in_progress | USD 14 (millions) | other f5-10k / GLM-5.3-flash-HTML | Restructuring accrual balance of $14 million within Accrued liabilities at December 31, 2017 (comparative: $12 million at December 31, 2016); this is a balance, not the fiscal-year charge, and no narrative detail on affected employees or program scope is disclosed. | ||||||
| 2017-12-31 | plant_closure | in_progress | 2019 | Berre, France | Refining (discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Berre refinery reported as discontinued since Q2 2012; exit and disposal cash outflows incurred through end of 2017, and payments to severed employees expected substantially complete by 2019; multi-year program, no 2017-specific employee counts or charges quantified. | ||||
| 2017-12-31 | acquisition_addition | announced | 2018-02-15 | 2018-12-31 | Global | Advanced Polymer Solutions | USD 2,250 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire A. Schulman for total consideration of $2.25 billion ($42 per share plus contingent value rights, plus assumed debt); expected to close in the second half of 2018, funded with cash on hand. No headcount associated with the transaction is disclosed. | ||
| 2016-12-31 | plant_closure | in_progress | 2016-05 | 2019 | Berre, France | Refining (Berre refinery, reported as discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Berre refinery has been reported as a discontinued operation since Q2 2012. In May 2016 the Prefect of Bouches du Rhone issued a notice for the final closure of the refinery, outlining requirements to dismantle the facilities; estimated cost and cash flows to fulfill these requirements were deemed not material. Exit and disposal costs expected through end of 2017; payments to severed employees expected substantially complete by 2019. Affected headcount not disclosed. For context, accrued liabilities at December 31, 2016 include a $12 million restructuring accrual (Note 11), down from $20 million at year-end 2015; the filing does not attribute this accrual to a specific program or provide affected-employee counts. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-02 | 2016-02 | Argentina | Wholly owned subsidiary Petroken Petroquimica Ensenada S.A. | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Wholly owned Argentine subsidiary sold in February 2016 for $184 million (net proceeds of $137 million; pretax and after-tax gain of $78 million recognized in Other Income, net). The filing does not disclose the number of employees transferred or removed from the consolidated workforce with this disposition. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-02-29 | Argentina | Olefins and Polyolefins | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of wholly owned subsidiary Petroken Petroquimica Ensenada S.A. in February 2016 for $184 million; net proceeds $137 million and a $78 million gain. No employee count disclosed; reduced 2016 revenues by $230 million and cost of sales by approximately $230 million. | ||||
| 2016-12-31 | plant_closure | in_progress | 2016-05-31 | France | Refining (Berre refinery) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reported as a discontinued operation since Q2 2012. In May 2016 the Prefect of Bouches du Rhone issued a notice setting requirements to dismantle the Berre refinery facilities; estimated cost and cash flows deemed not material. Exit and disposal costs expected through end of 2017, employee severance payments substantially complete by 2019. No headcount disclosed. | ||||
| 2015-12-31 | divestiture_reduction | completed | 2016-02-05 | 2016-02-05 | Ensenada, Argentina | O&P–Americas (PP) / O&P–EAI (PP compounds) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Sale of wholly owned subsidiary Petroken Petroquimica Ensenada S.A. closed February 5, 2016 for proceeds of $184 million (post fiscal year-end, pre-filing). Number of employees transferring with the divested unit is not disclosed. | |||
| 2015-12-31 | other | completed | Houston, Texas, United States | Refining | MD&A f5-10k / GLM-5.3-flash-HTML | A strike at the Houston refinery occurred during 2015, causing certain capital maintenance and turnaround projects to be deferred to 2016. Strike duration and number of employees involved are not disclosed. | |||||
| 2015-12-31 | other | in_progress | United States | Refining — Houston refinery | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Labor strike at the Houston refinery during 2015; capital maintenance and turnaround projects scheduled for 2015 were deferred into 2016 as a result. No employee count, dates, or charge disclosed. | |||||
| 2015-12-31 | divestiture_reduction | completed | 2016-02-05 | 2016-02-05 | Argentina | Olefins and Polyolefins — Americas (Petroken Petroquímica Ensenada S.A.) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of wholly owned subsidiary completed after fiscal year-end for $184 million proceeds; no headcount associated with the divestiture is disclosed. | |||
| 2015-09-30 | restructuring | in_progress | 2017-12-31 | France | Refining | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrual for social plan for employees affected by closure of Berre refinery. Exit and disposal costs expected through end of 2017; payments to affected employees substantially complete by 2019. | |||
| 2015-06-30 | other | completed | 2015-02-01 | United States | Refining | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Unionized workers at the Houston Refinery began a strike on February 1, 2015 after the collective bargaining agreement expired; a new agreement was ratified in May 2015, ending the roughly three-month strike. | ||||
| 2015-06-30 | other | completed | 2015-05-31 | United States | Refining | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | A new collective bargaining agreement was ratified by unionized workers at the Houston Refinery in May 2015, ending the strike that began February 1, 2015. | ||||
| 2015-06-30 | plant_closure | in_progress | 2017-12-31 | France | Refining (Berre refinery) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery closure; social plan accrual fell from $26M to $19M during H1 2015. Exit costs expected through 2017, employee payments substantially complete by 2019. No employee count disclosed. | ||||
| 2015-06-30 | other | completed | 2015-02-01 | 2015-05-31 | United States (Houston, Texas) | Refining | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Unionized workers at Houston Refinery struck from Feb 1, 2015 until a new collective bargaining agreement was ratified in May 2015, ending the three-month strike. No affected-employee count disclosed. | |||
| 2015-06-30 | other | completed | 2015-02-01 | 2015-05-01 | United States | Refining | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Unionized workers at Houston Refinery began a strike on Feb 1, 2015. A new collective bargaining agreement was ratified in May 2015, ending the three-month strike. | |||
| 2015-06-30 | restructuring | in_progress | 2019-12-31 | France | Discontinued Operations | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrual for social plan for employees affected by closure of Berre refinery. Payments expected to be substantially complete by 2019. Ending balance of $19 million as of June 30, 2015. | |||
| 2015-03-31 | other | in_progress | 2015-02-01 | United States (Houston, Texas) | Refining | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Unionized workers at the Houston Refinery began a strike on February 1, 2015 after the collective bargaining agreement expired; the facility has since been run at near-normal rates by salaried employees and hourly employees who voluntarily returned to work. | ||||
| 2015-03-31 | plant_closure | in_progress | 2017-12-31 | France | Refining (Berre refinery) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery closure; exit and disposal costs expected through end of 2017, employee severance payments substantially complete by 2019. Social plan accrual balance was $20M at 2015-03-31. No employee count disclosed. | ||||
| 2015-03-31 | other | in_progress | 2015-02-01 | United States (Houston, Texas) | Refining (Houston Refinery) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Unionized workers began a strike on 2015-02-01 after collective bargaining agreement expired; facility operated at near-normal rates using salaried and voluntary-returning hourly employees. No affected-employee count disclosed. | ||||
| 2015-03-31 | other | in_progress | 2015-02-01 | United States | Refining | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Unionized workers at Houston Refinery began a strike on February 1, 2015. Facility operated at near normal rates by trained salaried and voluntary hourly employees. | ||||
| 2015-03-31 | restructuring | in_progress | 2019-12-31 | France | Discontinued Operations | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Social plan accrual for employees affected by closure of Berre refinery. Payments expected substantially complete by 2019. | |||
| 2014-12-31 | other | in_progress | 2015-02-01 | United States (Houston, Texas) | Refining — Houston refinery | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent to fiscal year-end, the international USW called Houston refinery employees to strike immediately before the USW collective bargaining agreement expired February 1, 2015 at 12:01 AM; strike was underway at the February 17, 2015 filing date. Filing indicates roughly 55% of unionized North American employees, based at the Houston refinery, were covered by the expired agreement. Headcount affected not quantified. | ||||
| 2014-12-31 | plant_closure | in_progress | 2011-09 | 2019 | France (Berre l'Etang) | Refining | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year exit program; refinery operations ceased January 4, 2012 under an agreement with works councils and the site has been reported as discontinued operations since Q2 2012. Only fiscal 2014 activity captured here: $13 million of social plan severance payments, leaving a $26 million accrual at December 31, 2014 (original Q4 2011 pretax social plan charge was $136 million). Payments to affected employees expected substantially complete by 2019; exit and disposal costs expected through end of 2017. | |||
| 2014-12-31 | other | announced | 2015-02-01 | United States | Refining (Houston refinery) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | USW collective bargaining agreement covering approximately 55% of unionized North American employees at the Houston refinery expired 2015-02-01; the international USW called those employees to strike immediately before expiration. Affected headcount not quantified; company states it remains committed to negotiating in good faith. | ||||
| 2014-09-30 | plant_closure | in_progress | 2017-12-31 | France | Refining (Berre refinery) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery closure; social plan accrual $29M at 2014-09-30; exit/disposal costs through 2017, employee payments substantially complete by 2019; no employee count disclosed | ||||
| 2014-09-30 | plant_closure | in_progress | 2019-12-31 | France | Refining | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Berre refinery. Accrual for social plan for affected employees is $29 million as of Sept 30, 2014. Payments expected substantially complete by 2019. Employee count not disclosed. | |||
| 2014-06-30 | plant_closure | in_progress | 2017-12-31 | Refining | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of the Berre refinery reported as discontinued operations. A social plan accrual for affected employees had a $35 million balance at June 30, 2014 ($7 million of cash payments in the six months then ended). Exit and disposal costs are expected through the end of 2017 and payments to severed employees are expected to be substantially complete by 2019; number of employees affected is not disclosed. No announcement date is stated in the filing. | |||||
| 2014-06-30 | plant_closure | in_progress | 2019-12-31 | France | Refining | USD 35 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Berre refinery. Accrual for social plan for affected employees is $35 million as of June 30, 2014. Payments expected to be substantially complete by 2019. | |||
| 2014-03-31 | plant_closure | in_progress | 2017-12-31 | France (Berre) | Refining | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of the Berre refinery presented as discontinued operations; a social plan accrual for affected employees rolled from $42M to $39M during Q1 2014, with cash payments of $4M. Exit and disposal costs expected through end of 2017 and employee payments substantially complete by 2019. Number of employees affected not disclosed. | ||||
| 2014-03-31 | plant_closure | in_progress | 2019-12-31 | France | Refining | USD 39 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrual for social plan for employees affected by the closure of the Berre refinery. Payments expected to be substantially complete by 2019. | |||
| 2013-12-31 | plant_closure | completed | 2011-09 | 2019 | France (Berre refinery) | Refining (reported as discontinued operations) | USD 136 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Closure announced via September 2011 consultations with works councils; operations ceased January 4, 2012. The $136 million pre-tax charge was recorded in Q4 2011, primarily for the employee social plan. Fiscal 2013 activity comprised $20 million of social plan cash payments and a $5 million reduction in the estimated cost of the social plan, leaving a $42 million accrual at December 31, 2013. Payments to severed employees expected to be substantially complete by 2019; exit and disposal costs expected through end of 2017. Number of employees affected is not disclosed in this filing. | ||
| 2013-12-31 | plant_closure | in_progress | 2011-09 | 2019 | France | Refining | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Berre refinery operations ceased 2012-01-04; multi-year program. FY2013 activity: $20M cash payments to severed employees and a $5M reduction of the social plan estimate; exit and disposal costs expected through 2017, employee payments substantially complete by 2019. Number of affected employees not disclosed; social plan accrual was $42M at 2013-12-31. | |||
| 2013-12-31 | plant_closure | completed | 2011-09-01 | 2012-01-04 | France | Refining | USD 136 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Cessation of operations at Berre refinery in January 2012. Pre-tax charges of $136 million recorded in Q4 2011 primarily for social plan costs. Payments to affected employees expected to be substantially complete by 2019. | ||
| 2013-12-31 | restructuring | completed | 2012-01-01 | 2012-12-31 | Europe | Olefins and Polyolefins - EAI | USD 35 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges of $35 million for restructuring activities in Europe recognized in 2012 cost of sales. | ||
| 2013-12-31 | restructuring | completed | 2012-01-01 | 2012-12-31 | Europe | Technology | USD 18 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charge of $18 million related to R&D restructuring activities in Europe recognized in 2012. | ||
| 2013-12-31 | plant_closure | completed | 2012-01-01 | 2012-12-31 | Australia and Italy | Olefins and Polyolefins - EAI | USD 22 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges of $22 million for facility closure costs in Australia and Italy recognized in 2012. | ||
| 2013-09-30 | plant_closure | in_progress | 2013-12-31 | Berre, France | Refining (discontinued operations) | USD 43 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Accrual for the social plan for employees affected by the Berre refinery closure was $43 million at September 30, 2013, down from $59 million at January 1, 2013 after $16 million of cash payments, a $5 million estimate adjustment, and accretion/FX effects. Exit and disposal costs expected through end of 2013; severance payments to affected employees expected to be substantially complete by 2019. Headcount affected not disclosed. | |||
| 2013-09-30 | plant_closure | in_progress | 2019-12-31 | France | Refining (Berre refinery) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery closure reported as discontinued operations; social plan accrual for affected employees rolled from $59M to $43M during the nine months, with $16M cash payments. Severed-employee payments expected substantially complete by 2019; no headcount disclosed. | ||||
| 2013-09-30 | plant_closure | in_progress | 2019-12-31 | France | Refining (Berre Refinery) | USD 43 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrual for social plan for employees affected by closure of Berre refinery. Payments expected to be substantially complete by 2019. Exit and disposal costs expected through end of 2013. | |||
| 2013-06-30 | plant_closure | in_progress | 2013-12-31 | France | Refining (Berre refinery) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery closure reported in discontinued operations. Social plan accrual for affected employees fell from $59M to $44M during the six months ended 2013-06-30 (accretion $2M, cash payments $16M, FX -$1M). Exit and disposal costs expected through end of 2013; employee payments substantially complete by 2019. Number of affected employees not disclosed. | ||||
| 2013-06-30 | restructuring | in_progress | 2019-12-31 | France | Refining (Berre) | USD 44 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrual for social plan for employees affected by closure of Berre refinery. Payments expected to be substantially complete by 2019. Employee count not disclosed. | |||
| 2013-06-30 | restructuring | in_progress | Facility Closing | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | plant_closure | in_progress | 2019-12-31 | France | Refining (Berre refinery) | USD 49 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Berre refinery operations ceased in early January 2012; social plan accrual of $49 million at March 31, 2013 covers exit/disposal activities and payments to severed employees, expected substantially complete by 2019. No employee count disclosed. | |||
| 2013-03-31 | plant_closure | in_progress | France | Berre refinery (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Social plan accrual for Berre closure employees rolled from $59M to $49M in Q1 2013; exit costs expected over two years, employee payments substantially complete by 2019. Headcount not disclosed. | |||||
| 2013-03-31 | plant_closure | in_progress | 2019-12-31 | France | Refining | USD 49 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Berre refinery. Accrual for social plan for affected employees was $49 million at March 31, 2013. Payments expected to be substantially complete by 2019. Employee count not disclosed. | |||
| 2013-03-31 | restructuring | in_progress | Facility Closing | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | plant_closure | completed | 2011-09 | 2019 | France | Refining (Berre refinery; reported in discontinued operations from Q2 2012) | USD -25 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Refinery operations suspended January 4, 2012. Employee social plan liability was established in Q4 2011 ($136 million pre-tax charges). FY2012 activity comprises $44 million cash severance payments and a $25 million credit from reducing the social plan estimate, leaving a $59 million accrual at year-end 2012. Headcount affected not disclosed; payments to affected employees expected substantially complete by 2019. | ||
| 2012-12-31 | restructuring | in_progress | 2012-12 | Europe | Olefins and Polyolefins–Europe, Asia, International (O&P–EAI) | USD 35 (millions) | other f5-10k / GLM-5.3-flash-HTML | Charges for European restructuring activities recognized in Q4 2012. Number of employees affected and completion timeline not disclosed. Forms part of a $53 million consolidated European restructuring charge, with the remaining $18 million in the Technology segment. Company restructuring accrual stood at $66 million at year-end 2012 (vs. $79 million at year-end 2011). | |||
| 2012-12-31 | restructuring | in_progress | 2012-12 | Europe | Technology | USD 18 (millions) | other f5-10k / GLM-5.3-flash-HTML | Charges for European restructuring activities recognized in Q4 2012. Number of employees affected and completion timeline not disclosed. Forms part of a $53 million consolidated European restructuring charge, with the remaining $35 million in the O&P–EAI segment. | |||
| 2012-12-31 | plant_closure | completed | 2011-09 | 2012-01-04 | France | Refining (Berre refinery) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operations suspended 2012-01-04; classified as discontinued operations in Q2 2012. Pre-tax social plan charges of $136M were recorded in Q4 2011 (before this fiscal year); during 2012 the social plan estimate was reduced by $25M, $44M was paid in cash, and the accrual ended 2012 at $59M. No affected-employee headcount is disclosed; payments to affected employees expected to be substantially complete by 2019. | |||
| 2012-12-31 | restructuring | in_progress | Europe | Olefins and Polyolefins — Europe, Asia, International (O&P-EAI) | USD 35 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Portion of the $53M of 2012 restructuring charges in Europe attributed to the O&P-EAI segment. No employee counts or announcement dates disclosed; a restructuring accrual of $66M remained in accrued liabilities at 2012-12-31. | ||||
| 2012-12-31 | restructuring | in_progress | Europe | Technology | USD 18 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Portion of the $53M of 2012 restructuring charges in Europe attributed to the Technology segment. No employee counts or announcement dates disclosed. | ||||
| 2012-12-31 | restructuring | completed | 2012-01-01 | 2012-12-31 | Europe | O&P—EAI and Technology | USD 53 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges of $35 million in O&P-EAI and $18 million in Technology related to restructuring activities in Europe. | ||
| 2012-12-31 | plant_closure | completed | 2011-09-01 | 2012-01-04 | France | Refining (Discontinued Operations) | USD 130 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Berre refinery. Pre-tax charges of $136 million recorded in 2011, primarily for social plan. Operations suspended Jan 4, 2012. Accrual for social plan ended at $59 million in 2012. | ||
| 2012-12-31 | restructuring | in_progress | Facility Closing | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Olefins And Polyolefins Europe Asia International / Successor | USD 35,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Technology / Successor | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | USD 53,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2012-09-30 | plant_closure | completed | 2011-09-01 | Berre, France | Refining | USD 136 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Berre refinery operations suspended January 4, 2012 after no purchase offers; pre-tax charges of $136 million recorded in Q4 2011 primarily for the employee social plan, reduced by $23 million in 2012. Payments to affected employees expected to be substantially complete by 2019. No affected-employee headcount disclosed. | |||
| 2012-09-30 | plant_closure | in_progress | 2011-09-30 | France | Refining (Berre refinery) | USD 136 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Operations suspended 2012-01-04; $136M pre-tax social plan charge recorded Q4 2011, reduced by $23M in 2012. Employee count not disclosed; payments to affected employees expected substantially complete by 2019. | |||
| 2012-09-30 | plant_closure | in_progress | 2011-09-01 | 2019-12-31 | France | Refining | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Berre refinery operations suspended Jan 4, 2012. In 2012, estimated cost of social plan reduced by $23 million. Payments to affected employees expected substantially complete by 2019. | ||
| 2012-06-30 | plant_closure | in_progress | 2011-09-01 | 2019-12-31 | France | Refining (Berre refinery) | USD 136 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Berre refinery operations suspended January 4, 2012; pre-tax charge of $136 million recorded in Q4 2011 primarily for the employee social plan, reduced by $14 million in Q2 2012. Number of affected employees not disclosed. Payments to severed employees expected to be substantially complete by 2019; exit and disposal costs expected over the next two years. | ||
| 2012-06-30 | plant_closure | in_progress | 2011-09-30 | France | Refining (Berre refinery) | USD 136 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery closure; $136M pre-tax charge in Q4 2011 for social plan; $14M reduction in Q2 2012; operations suspended 2012-01-04; employee payments expected substantially complete by 2019; no employee count disclosed | |||
| 2012-06-30 | plant_closure | in_progress | 2011-09-01 | 2019-12-31 | France | Refining | USD 136 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Berre refinery operations suspended Jan 4, 2012. $136M pre-tax charge recorded in Q4 2011 for social plan. Reduced by $14M in Q2 2012. Payments to affected employees expected substantially complete by 2019. | ||
| 2012-03-31 | plant_closure | completed | 2012-01-04 | France | Refining and Oxyfuels | USD 136 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Berre refinery operations suspended and mothballed; a $136M charge was recorded in Q4 2011 for estimated social plan cost and inventory write-downs. No employee count disclosed; final costs contingent on completion of consultations. | |||
| 2012-03-31 | other | completed | 2012-01-01 | Germany | Olefins and Polyolefins — Europe, Asia, International | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset impairment of $22M from an explosion in a reactor bay at the Wesseling, Germany LDPE plant in January 2012. No workforce reduction count disclosed; captured as a material operational event with potential workforce implications. | |||
| 2012-03-31 | plant_closure | completed | 2012-01-04 | France | Refining and Oxyfuels | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Operations suspended at Berre refinery on Jan 4, 2012. Filing mentions 'social plan' costs recorded in prior Q4 2011 but does not disclose specific employee count affected in this Q1 2012 report. | ||||
| 2011-12-31 | plant_closure | in_progress | 370 | 2011-09 | France (Berre refinery) | Refining and Oxyfuels | USD 136 (millions) | other f5-10k / GLM-5.3-flash-HTML | Closure intent announced September 2011 after a sale process begun in May 2011 drew no offers; refinery operations were suspended on 2012-01-04 and works council consultations remained ongoing at filing. Approximately 370 employees affected. Q4 2011 charge primarily covers the estimated social plan plus inventory write-downs; an additional $31 million impairment of Berre capital additions was recorded. Final costs contingent on completion of consultations. | ||
| 2011-12-31 | restructuring | in_progress | O&P — Europe, Asia, International; reorganization of certain functional organizations | USD 77 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Charges for activities to reorganize certain functional organizations recognized in the O&P–EAI segment during 2011. Total 2011 corporate restructuring charges were $93 million ($61M/$14M/$18M in Q2/Q3/Q4). No affected headcount disclosed. | |||||
| 2011-12-31 | restructuring | in_progress | Technology; R&D facility relocation | USD 16 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Charges combining employee severance and asset retirement obligations related to an R&D facility being relocated; the severance and ARO components are not broken out. Recognized during 2011; no affected headcount disclosed. | |||||
| 2011-12-31 | other | completed | France (Berre refinery) | Refining and Oxyfuels | MD&A f5-10k / GLM-5.3-flash-HTML | Labor actions during 2011 and a fourth-quarter strike following the closure announcement disrupted Berre refinery operations; Q4 crude processing ran about 23% below Q3. No headcount or charge attributed to the labor action. | |||||
| 2011-12-31 | plant_closure | in_progress | 370 | 2011-09 | France | Refining & Oxyfuels (Berre refinery) | USD 136 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale process launched May 2011 drew no offers; closure consultations announced September 2011 affecting approximately 370 employees. Operations suspended 2012-01-04 (subsequent to fiscal year-end). Charge recorded in Q4 2011 covers estimated social plan cost and inventory write-downs; works council consultations still in progress at filing and additional costs expected. | ||
| 2011-12-31 | restructuring | in_progress | Not specified | Corporate / functional organizations | USD 93 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Corporate restructuring charges of $93 million recognized in 2011 for activities to reorganize certain functional organizations; no employee count or completion timeline disclosed. | ||||
| 2011-12-31 | plant_closure | announced | 370 | 2011-09-01 | France | Refining & Oxyfuels | USD 136 (millions) | Item 1. Business - Refining & Oxyfuels f5-10k / Qwen3.6-27B-Q8_0 | Announced intention to initiate consultations regarding contemplated closure affecting approximately 370 employees. Operations suspended Jan 4, 2012. Charge of $136 million recorded in Q4 2011 primarily for social plan. | ||
| 2011-12-31 | restructuring | completed | 2011-01-01 | 2011-12-31 | Global | Corporate | USD 93 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges of $93 million related to activities to reorganize certain functional organizations. | ||
| 2011-12-31 | restructuring | in_progress | Olefins And Polyolefins Europe Asia And International / Successor | USD 77,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Successor | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | 370 | Facility Closing | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2011-09-30 | plant_closure | announced | 370 | 2011-09-30 | Berre, France | Refining and Oxyfuels | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Sale offering of the Berre refinery drew no purchase offers; in September 2011 the company announced intent to begin works council consultations on a contemplated closure affecting roughly 370 employees. Termination, severance, outplacement and benefit costs could not yet be estimated and could be material. | |||
| 2011-09-30 | plant_closure | announced | 370 | 2011-09-01 | France | Refining and Oxyfuels | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale process for Berre refinery failed; company announced intention to begin works council consultations on closure affecting ~370 employees. Termination, severance, outplacement, and benefit costs not yet estimable. | |||
| 2011-09-30 | restructuring | in_progress | Germany | Corporate / Functional Organizations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 2011 pretax charges included compensation expense and reorganization of certain functional organizations in Germany; part of $81 million in total Q3 charges. Employee count not disclosed. | |||||
| 2011-09-30 | restructuring | in_progress | Europe | Technology / R&D | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for employee severance and asset retirement obligations tied to relocation of an R&D facility; incurred in Q2 2011 but discussed in Q3 MD&A. Employee count not disclosed. | ||||
| 2011-09-30 | plant_closure | announced | 370 | 2011-09-30 | France | Refining and Oxyfuels | other f5-10q / Qwen3.6-27B-Q8_0 | Announced intention to initiate consultations regarding contemplated closure of Berre refinery; costs could be material but not yet estimated. | |||
| 2011-09-30 | restructuring | completed | Europe | Research and Development | USD 19 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairment charges related to certain in-process research and development projects which were abandoned. | ||||
| 2011-09-30 | restructuring | completed | Research and Development | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges in Q2 2011 related to employee severance and asset retirement obligations associated with an R&D facility relocation. | |||||
| 2011-06-30 | restructuring | in_progress | Not specified | Corporate / functional organizations | USD 61 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2011 pretax charges included $61 million related to corporate restructurings; no employee count disclosed. | ||||
| 2011-06-30 | restructuring | in_progress | Not specified | Technology (R&D facility relocation) | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for employee severance and asset retirement obligations tied to relocation of an R&D facility; no employee count disclosed. | ||||
| 2011-06-30 | plant_closure | announced | 2011-05-01 | France | Refining and Oxyfuels (Berre refinery) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced intention to seek a buyer for the Berre refinery; no workforce reduction count disclosed. | ||||
| 2011-06-30 | restructuring | in_progress | Corporate / Functional Organizations | USD 61 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Pretax charges totaling $61 million related to corporate restructurings in Q2 2011. | |||||
| 2011-06-30 | restructuring | in_progress | Research and Development | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges related to employee severance and asset retirement obligations associated with an R&D facility relocation. | |||||
| 2011-06-30 | plant_closure | completed | Italy | Olefins and Polyolefins - Europe, Asia & International | Notes to Consolidated Financial Statements f5-10q / Qwen3.6-27B-Q8_0 | Permanent shutdown of polypropylene plant at Terni, Italy in July 2010. No specific headcount disclosed for this action in the current filing. | |||||
| 2011-03-31 | restructuring | completed | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reorganization items expense of $2 million recorded for Q1 2011, primarily professional fees. No employee count disclosed. | ||||||
| 2010-12-31 | plant_closure | completed | 2010-02-25 | 2010-07 | Terni, Italy | O&P — Europe, Asia, International (polypropylene) | USD 23 (millions) | other f5-10k / GLM-5.3-flash-HTML | Announced February 25, 2010 due to continued weak polypropylene demand; permanent shutdown. Charge of $23 million for plant and other closure costs recognized in cost of sales in Q1 2010 (Predecessor period); production ceased in July 2010. No employee count disclosed. Capacity tables exclude the site thereafter. | ||
| 2010-12-31 | divestiture_reduction | completed | 200 | 2010-12 | 2010-12 | United States (Jacksonville, Florida; Brunswick, Georgia) | Intermediates and Derivatives (Flavor & Fragrance chemicals business) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale completed December 2010 for proceeds of $154 million with an after-tax gain of $64 million; business reported as discontinued operations. Footnote discloses approximately 200 employees transferred with the business. No severance or workforce-related charge disclosed in connection with the disposition. | ||
| 2010-12-31 | plant_closure | completed | 2010-02-25 | 2010-07-31 | Terni, Italy | Olefins and Polyolefins — Europe, Asia, International (polypropylene) | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision announced February 25, 2010 to permanently shut the polypropylene plant; $23 million of plant and other closure costs recorded in cost of sales in the first quarter 2010 (Predecessor period); production ceased July 2010. Headcount not disclosed. | ||
| 2010-12-31 | divestiture_reduction | completed | 200 | 2010-12-22 | 2010-12-22 | United States (Jacksonville, Florida and Brunswick, Georgia) | Intermediates and Derivatives — Flavor & Fragrance chemicals business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed December 22, 2010 for proceeds of $154 million with an after-tax gain of $64 million; the business had approximately 200 employees. Charge fields not applicable — transaction produced a gain, not a severance charge. | ||
| 2010-12-31 | plant_closure | completed | 2010-02-25 | 2010-07-01 | Italy | Olefins and Polyolefins - Europe, Asia and International | USD 23 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Permanent shutdown of polypropylene plant at Terni, Italy. Charge of $23 million for plant closure and other costs. | ||
| 2010-12-31 | divestiture_reduction | completed | 200 | 2010-12-01 | 2010-12-31 | United States | Other | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Flavor and Fragrance chemicals business. Facility had approximately 200 employees. | ||
| 2010-09-30 | plant_closure | completed | 120 | 2010-02-25 | 2010-07-31 | Terni, Italy | O&P-EAI (polypropylene) | USD 23 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Announced February 25, 2010 due to continued impact of global economic conditions on polypropylene demand; plant ceased production in July 2010. Charges of $23 million recognized in Q1 2010 for plant and other closure costs; consultation ongoing with works council regarding approximately 120 affected employees. | |
| 2010-09-30 | plant_closure | in_progress | 120 | 2010-02-25 | Terni, Italy | Olefins and Polyolefins — polypropylene plant | USD 23 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced 2010-02-25 due to weak polypropylene demand; plant ceased production July 2010. Company in works-council consultation for ~120 affected employees. $23M closure charge recognized in Q1 2010 (Predecessor period). | ||
| 2010-09-30 | plant_closure | completed | 120 | 2010-02-25 | 2010-07-31 | Italy | Olefins and Polyolefins - Europe, Asia & International | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Permanent shutdown of polypropylene plant at Terni, Italy. Production ceased in July 2010. Consultation ongoing with works council regarding consequences for approximately 120 affected employees. |