LyondellBasell crushed consensus EPS by 25% on a Middle East supply crunch that sent petrochemical margins to levels last seen years ago, though total revenue slipped slightly below expectations. CEO Peter Vanacker credited rapid response to global disruptions and the strength of the company's advantaged asset base, while signaling the supply tightness should persist into 2027.
LyondellBasell Industries :
LYB
LYB
Stock Data
$59.59
$1.85 (3.01%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
BASIC MATERIALS
Industry
SPECIALTY CHEMICALS
LyondellBasell Industries NV is a global chemical powerhouse, headquartered in Houston, Texas, with a diverse portfolio that spans across the United States, Europe, Asia, and more. Founded in 2009, the company specializes in producing a wide range of chemical products and solutions. These include olefins, polyolefins, intermediates, advanced polymer solutions, and refining services. LyondellBasell is also known for its innovative technology in polyolefin process technologies and catalysts, serving industries from food packaging to automotive components with its engineered plastics and advanced polymers.
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