LyondellBasell

January 29, 2021

LyondellBasell News: Reports 2020 Earnings

(STL.News) LyondellBasell Industries (NYSE: LYB) today announced net income for the fourth quarter 2020 of $0.9 billion, or $2.55 per share.  The quarter included a $147 million non-cash, lower of cost or market (LCM) inventory valuation benefit that increased net income by $119 million or $0.36 per share. Fourth quarter...

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December 7, 2020

LyondellBasell and SUEZ increase plastics recycling capacity

ROTTERDAM, The Netherlands and PARIS (STL.News) LyondellBasell (NYSE: LYB) one of the world’s largest plastics, chemicals and refining companies and SUEZ (EPA: SEV), a world leader in environmental services, today jointly announced the acquisition of TIVACO, a plastics recycling company located in Blandain, Belgium.  The company will become part of...

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October 2, 2020

LyondellBasell and Sasol form Integrated Polyethylene Joint Venture

LyondellBasell to acquire 50 percent of certain Sasol assets in Louisiana Houston, TX and Johannesburg (STL.News) LyondellBasell (NYSE: LYB) and Sasol (JSE: SOL, NYSE: SSL) today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s...

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September 8, 2020

LyondellBasell Successfully Starts Up New Pilot Molecular Recycling Facility

Company completes next step towards an industrial scale conversion of plastic waste into feedstock ROTTERDAM, Netherlands (STL.News) LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced the successful start-up of its MoReTec molecular recycling facility at its Ferrara, Italy, site.  LyondellBasell’s proprietary...

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August 21, 2020

LyondellBasell Announces Quarterly Dividend

HOUSTON and LONDON (STL.News) LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.05 per share, to be paid September 8, 2020 to shareholders of record August 31, 2020, with an ex-dividend date of August...

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July 31, 2020

LyondellBasell Reports Second Quarter 2020 Earnings

HOUSTON and LONDON (STL.News) LyondellBasell Reported Second Quarter 2020 Earnings today: LyondellBasell Second Quarter 2020 Highlights Net Income: $0.3 billion, $0.2 billion excluding LCM Diluted earnings per share: $0.94 per share, $0.68 per share excluding LCM EBITDA: $0.8 billion, $0.7 billion excluding LCM Generated $1.3 billion in cash from operating...

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May 1, 2020

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...

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