LyondellBasell Industries is a global leader in the production of specialty chemicals, polymers, and advanced materials. The company operates multiple manufacturing facilities worldwide, focusing on the development and commercialization of innovative solutions that enhance the performance of various products across diverse industries, including packaging, automotive, construction, and consumer goods. LyondellBasell is committed to sustainable practices and is involved in recycling initiatives to promote a circular economy. Through its extensive portfolio of products, the company plays a vital role in improving everyday life while providing essential materials that support modern manufacturing processes. Read More
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LyondellBasell reported mixed Q1 results, with revenue of $7.677B (down 7.6%) beating estimates, but EPS of $0.33 missing consensus. The company remains committed to its three-pillar strategy and expects improved performance in Q2.
HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a global leader in the chemical industry, today released its 2024 Sustainability Report, demonstrating significant progress in circular and low-carbon solutions, climate action and operational excellence.
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HOUSTON and LONDON, March 28, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, will announce its first-quarter 2025 financial results before the U.S. market opens Friday, April 25, followed by a webcast and teleconference to discuss the results at 11 a.m. EDT. Teleconference and webcast detailsFriday, April 25, 202511 a.m. EDTHosted by David Kinney, head of investor relationsAccess the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell.com/earnings.
MAASSVLAKTE, Netherlands, March 18, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration and is driven by the continued pressure on Maasvlakte's profitability due to global overcapacities, a strong increase of imports from Asia and high costs of European production. Unfortunately, this situation is expected to continue, so longer-term profitable production is not anticipated.
HOUSTON and LONDON, March 05, 2025 (GLOBE NEWSWIRE) -- LyondellBasell today announced Peter Vanacker, chief executive officer, will participate in a fireside chat at the J.P. Morgan 2025 Industrials Conference in New York City on Wednesday, March 12, 2025 at 11:15 a.m. EDT.
Houston, March 03, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced an investment to expand propylene production capacity at its Channelview Complex near Houston.
HOUSTON and LONDON, Feb. 28, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on March 17, 2025, with an ex-dividend and record date of March 10, 2025.
LyondellBasell reports better-than-expected Q4 2024 results with revenues of $9.497B and adjusted EPS of $0.75. The company targets $3B in incremental EBITDA by 2027.
HOUSTON and LONDON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE: LYB) today announced results for the fourth quarter 2024 and full year 2024. Comparisons with the prior quarter, fourth quarter 2023 and full year 2023 are available in the following table:
