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NEW YORK ( TheStreet) -- LyondellBasell Industries (NYSE: LYB) hit a new 52-week high Wednesday as it is currently trading at $69.51, above its previous 52-week high of $69.49 with 1.6 million shares traded as of 1:21 p.m. ET. Average volume has been 4.4 million shares over the past 30 days. LyondellBasell has a market cap of $39.31 billion and is part of the basic materials sector and chemicals industry. Shares are up 19.6% year to date as of the close of trading on Tuesday. LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers.