• Sun. Apr 18th, 2021

LyondellBasell Reports First Quarter 2020 Earnings

LyondellBasell Reports First Quarter 2020 Earnings

HOUSTON, TX and LONDON (STL.News) LyondellBasell released its First Quarter 2020 Earnings Report::

LyondellBasell First Quarter 2020 Highlights

  • Net Income: $0.1 billion, $0.5 billion excluding LCM1
  • Diluted earnings per share: $0.42 per share, $1.47 per share excluding LCM
  • EBITDA: $0.6 billion, $1.1 billion excluding LCM, resilient performance in a challenging market
  • Launched production at our 500,000 ton U.S. Gulf Coast high-density polyethylene plant using LyondellBasell’s next-generation Hyperzone technology
  • Expanding our presence in China with definitive agreements for an integrated olefins and polyolefins joint venture with Bora using LyondellBasell’s polyolefin technologies
  • Safely operating major facilities as an essential industry supporting society’s needs

Comparisons with the prior quarter and first quarter 2019 are available in the following table:

CLICK to VIEW COMPLETE RELEASE

NOTE: this is NOT the complete release.