-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M9Hgx5gxRxH/YVbPSUaKH8ReoWK0IKGxQs2U2bP1DLFzs64SCUr4yjHR8kg7rYiy yAwqNkQEpRCNzrAYIiYQvg== 0000861177-98-000124.txt : 19980714 0000861177-98-000124.hdr.sgml : 19980714 ACCESSION NUMBER: 0000861177-98-000124 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980713 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LYONDELL PETROCHEMICAL CO CENTRAL INDEX KEY: 0000842635 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 954160558 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-40216 FILM NUMBER: 98664836 BUSINESS ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: STE 1600 CITY: HOUSTON STATE: TX ZIP: 77010 BUSINESS PHONE: 7136527200 MAIL ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 1600 CITY: HOUSTON STATE: TX ZIP: 77010 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BRINSON PARTNERS INC/IL CENTRAL INDEX KEY: 0000861177 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 209 SOUTH LASALLE STREET CITY: CHICAGO STATE: IL BUSINESS PHONE: 60604-1295 MAIL ADDRESS: STREET 1: 209 SOUTH LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60604-1295 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4) LYONDELL PETROCHEMICAL CO. (Name of Issuer) - ----------------------------------------------------------- Common Stock (Title of Class of Securities) - ----------------------------------------------------------- 552078107 (CUSIP Number) - ----------------------------------------------------------- Check the following box if a fee is being paid with this statement / /. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Cusip 552078107 Page 2 of 7 - ----------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Brinson Partners, Inc. 36-3664388 - ----------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a / / b / / - ----------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware corporation - ----------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------- 5 SOLE VOTING POWER - -0- - ----------------------------------------------------------- 6 SHARED VOTING POWER 8,219,999 shares - ----------------------------------------------------------- 7 SOLE DISPOSITIVE POWER - -0- - ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,219,999 shares - ----------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,219,999 shares - ----------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.4% - ----------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA CO - ----------------------------------------------------------- * SEE INSTRUCTION BEFORE FILLING OUT! Cusip 552078107 Page 3 of 7 - ----------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON UBS(USA) Inc. 13-3506524 - ----------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a / / b / / - ----------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware corporation - ----------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------- 5 SOLE VOTING POWER - -0- - ----------------------------------------------------------- 6 SHARED VOTING POWER 8,225,697 shares - ----------------------------------------------------------- 7 SOLE DISPOSITIVE POWER - -0- - ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,225,697 shares - ----------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,225,697 shares - ----------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.5% - ----------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC CO - ----------------------------------------------------------- * SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------------------------------------------- Cusip 552078107 Page 4 of 7 - ----------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON UBS AG 98-0186363 - ----------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a / / b / / - ----------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Swiss banking corporation - ----------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------- 5 SOLE VOTING POWER - -0- - ----------------------------------------------------------- 6 SHARED VOTING POWER 8,225,697 shares - ----------------------------------------------------------- 7 SOLE DISPOSITIVE POWER - -0- - ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,225,697 shares - ----------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,225,697 shares - ----------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ----------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.5% - ----------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC CO * SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------------------------------------------- Cusip 552078107 Page 5 of 7 - ----------------------------------------------------------- Item 1(a) Name of Issuer: LYONDELL PETROCHEMICAL CO. (the "Company") - ----------------------------------------------------------- Item 1(b) Address of Issuer's Principal Executive Offices: 1221 McKinney Street Suite 1600 Houston, Texas 77010 - ----------------------------------------------------------- Item 2(a) Name of Person Filing: Brinson Partners, Inc.("BPI"), UBS (USA) Inc. ("UBS") and UGS AG("UBSAG"). - ----------------------------------------------------------- Item 2(b) Address of Principal Business: BPI's principal business office is located at: 209 South LaSalle, Chicago, Illinois 60604-1295 UBS's principal business office is located at: 677 Washington Boulevard, Stamford, CT 06912 UBSAG'sprincipal business office is located at: 45 Bahnhofstrasse Zurich, Switzerland - ----------------------------------------------------------- Item 2(c) Citizenship: Incorporated by reference to Item 4 of the cover pages. - ----------------------------------------------------------- Item 2(d) Title of Class of Securities: Common Stock (the "Common Stock") - ----------------------------------------------------------- Item 2(e) CUSIP Number: 552078107 - ----------------------------------------------------------- Item 3 Type of Person Filing: BPI is an Investment Adviser registered under section 203 of the Investment Advisers Act of 1940. Each of UBS and UBSAG is a Parent Holding Company in accordance with section 240.13d- 1(b)(1)(ii)(G). - ----------------------------------------------------------- Item 4 Ownership: Incorporated by reference to Items 5-11 of the cover pages. - ----------------------------------------------------------- Item 5 Ownership of Five Percent or Less of a Class: Not Applicable - ----------------------------------------------------------- Item 6 Ownership of More than Five Percent on Behalf of Another Person: Accounts managed on a discretionary basis by BPI have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. No account holds more than 5 percent of the outstanding Common Stock. - ----------------------------------------------------------- Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: See item 3 above - ----------------------------------------------------------- Cusip 552078107 Page 6 of 7 - ----------------------------------------------------------- Item 8 Identification and Classification of Member of the Group: Not Applicable - ----------------------------------------------------------- Item 9 Notice of Dissolution of Group: Not Applicable - ----------------------------------------------------------- Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. - ----------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: July 10, 1998 Brinson Partners, Inc. By:/s/ Mark F. Kemper By:/s/ Samuel W. Anderson Mark F. Kemper Samuel W. Anderson Assistant Secretary Vice President and Secretary UBS (USA) Inc. By: /s/ Louis R. Eber By:/s/ Robert B. Mills Louis R. Eber Managing Director Executive Director UBS AG By: /s/ Louis R. Eber By:/s/ Robert B. Mills Louis R. Eber Managing Director Executive Director - ----------------------------------------------------------- Cusip 552078107 Page 7 of 7 - ----------------------------------------------------------- INDEX TO EXHIBITS EXHIBIT 1 - AGREEMENT TO MAKE A JOINT FILING EXHIBIT 2 - DELEGATION OF AUTHORITY - ----------------------------------------------------------- EXHIBIT 1 AGREEMENT TO MAKE A JOINT FILING Brinson Partners, Inc., UBS (USA), Inc., and UBS AG each agrees that this Schedule 13G (including all amendments thereto) is filed by and on behalf of each such party. Date: July 10, 1998 Brinson Partners, Inc. By:/s/ Mark F. Kemper By:/s/ Samuel W. Anderson Mark F. Kemper Samuel W. Anderson Assistant Secretary Vice President and Secretary UBS (USA) Inc. By: /s/ Louis R. Eber By:/s/ Robert B. Mills Louis R. Eber Managing Director Executive Director UBS AG By: /s/ Louis R. Eber By:/s/ Robert B. Mills Louis R. Eber Managing Director Executive Director -----END PRIVACY-ENHANCED MESSAGE-----