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
ROTTERDAM, The Netherlands, June 05, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (LYB) today announced that it has entered into an agreement and exclusive negotiations with AEQUITA for the sale of select olefins & polyolefins assets and the associated business in Europe. The sites to be sold have been part of the previously announced European strategic assessment and are located in Berre (France), Münchsmünster (Germany), Carrington (UK), and Tarragona (Spain).
As firms continue releasing financial results late into the calendar Q1 earnings season, announcements of dividend increases also continue. Some of the latest announcements are particularly notable. This is because several companies that already have high-dividend yield stocks are increasing their quarterly payments even more.
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
HOUSTON and LONDON, May 23, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced its board of directors has declared a quarterly dividend of $1.37 per share, representing a $0.03 per share increase over the company's first quarter 2025 dividend. The dividend will be paid to shareholders on June 9, 2025, with an ex-dividend and record date of June 2, 2025.
Houston, May 06, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) announced today that LYB International Finance III, LLC, its wholly-owned subsidiary, priced a public offering (the “Offering”) of $500,000,000 aggregate principal amount of 6.150% Guaranteed Notes due 2035 (the “Notes”). The Notes will be fully and unconditionally guaranteed by LyondellBasell. The Offering is expected to close on May 15, 2025, subject to the satisfaction of customary closing conditions.
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.
Wall Street's three-day rally came to a pause on Friday, with major indices hovering near the flatline by midday in New York as caution returned amid mixed signals on U.S.-China trade relations.
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.
Stay informed about the performance of the S&P500 index in the middle of the day on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
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.
