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LyondellBasell (LYB) Recycling Project Chosen for EU Fund Grant
Zacks Investment Research· 2024-01-23 12:46
LyondellBasell Industries N.V. (LYB) has been selected to receive a €40 million grant from the European Union's ("EU") Innovation Fund. The money will help fund the company's plans to construct a fully electric, industrial-scale advanced recycling demonstration plant in Wesseling, Germany.The EU Innovation Fund's 'Third Call for Large Scale Projects' chose 41 projects, including LYB’s MoReTec facility. As part of its efforts to encourage decarbonization, the EU has committed EUR 3.6 billion to fund innovati ...
LyondellBasell: Good Value And Appealing Yield
Seeking Alpha· 2024-01-19 16:27
Dragon Claws Owning tech companies that are constantly in the news can be fun, but the volume of information that's out there can be overwhelming at times. Plus, it can be hard to determine what is a fair value for them, considering that plenty of good news may have already been baked into their share price. That's why a better idea may be to allocate a healthy part of one's portfolio towards steady dividend-paying companies in industries that work behind the scenes to drive everyday life. Better yet, t ...
LyondellBasell (LYB) Enters Into Deal to Buy 35% of NATPET
Zacks Investment Research· 2024-01-17 12:31
LyondellBasell Industries N.V. (LYB) stated that it has reached an agreement to buy a 35% stake in Saudi Arabia-based National Petrochemical Industrial Company ("NATPET") from Alujain Corporation for about $500 million. The joint venture, enabled by its Spheripol polypropylene (PP) technology, will allow LYB to grow and enhance its core PP business by providing access to advantageous feedstocks as well as more product marketing capacity in a critical region.The deal is subject to regulatory and customary cl ...
LYB Enters into Agreement to Acquire 35% of Saudi Arabia-based NATPET; Expands Core PP Business
Prnewswire· 2024-01-16 13:15
Technology-enabled JV increases LYB access to advantaged feedstocks and attractive markets Transaction encompasses existing assets and planned growth projects HOUSTON and RIYADH, Saudi Arabia, Jan. 16, 2024 /PRNewswire/ -- LyondellBasell (LYB) today announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corporation (Alujain) for approximately $500 million. Enabled by its Spheripol polypropylene (PP) technology, ...
LyondellBasell (LYB) Polyolefin Chosen for China Chemical Complex
Zacks Investment Research· 2024-01-11 14:47
LyondellBasell Industries N.V. (LYB) has announced that China Coal Shaanxi Yulin Energy & Chemical Co., Ltd will use LyondellBasell Spherizone, Hostalen Advanced Cascade Process (ACP) and Lupotech T technologies at its new facility.The process technology will be employed in the construction of a 300 kilotons per annum (KTA) Spherizone polypropylene plant, a 300 KTA Hostalen ACP high-density polyethylene plant and a 250 KTA Lupotech T vinyl acetate copolymer plant in Yulin City, Shaanxi Province, China.This ...
Lightweight Automotive Body Panels Market Projected to Rise US$ 191,369.2 Million by 2033: Emission Regulations Propels Industry Growth, According to FMI Analyst
Newsfilter· 2024-01-02 17:30
NEWARK, Del, Jan. 02, 2024 (GLOBE NEWSWIRE) -- The lightweight automotive body panels market size is projected to be valued at US$ 122,054.9 million in 2023 and is expected to rise to US$ 191,369.2 million by 2033. The sales of lightweight automotive body panels market are predicted to thrive at a significant CAGR of 4.6% during the forecast period. The lightweight automotive body panels market is experiencing significant growth, primarily driven by the rising production of commercial vehicles and increasin ...
LyondellBasell(LYB) - 2023 Q3 - Earnings Call Transcript
2023-10-27 18:54
LyondellBasell Industries N.V. (NYSE:LYB) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants David Kinney - Head, IR Peter Vanacker - CEO Michael McMurray - CFO Ken Lane - EVP, Global Olefins & Polyolefins Kim Foley - EVP of Intermediates, Derivatives & Refining Torkel Rhenman - EVP, Advanced Polymer Solutions Conference Call Participants Jeff Zekauskas - JP Morgan Patrick Cunningham - Citi David Begleiter - Deutsche Bank Steve Byrne - Bank of America Merrill Lynch Matthew Bl ...
LyondellBasell(LYB) - 2023 Q3 - Quarterly Report
2023-10-26 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34726 LYONDELLBASELL INDUSTRIES N.V. (Exact name of registrant as specified in its charter) Netherlands 98-0646235 ( ...
LyondellBasell(LYB) - 2023 Q2 - Earnings Call Transcript
2023-08-04 19:31
LyondellBasell Industries N.V. (NYSE:LYB) Q2 2023 Results Conference Call August 4, 2023 11:00 AM ET Company Participants David Kinney - Head, IR Peter Vanacker - CEO Michael McMurray - CFO Ken Lane - EVP, Global Olefins & Polyolefins Kim Foley - EVP of Intermediates, Derivatives & Refining Torkel Rhenman - EVP, Advanced Polymer Solutions Conference Call Participants Aleksey Yefremov - KeyBanc Capital Markets Arun Viswanathan - RBC Capital Markets Christopher Parkinson - Mizuho Frank Mitsch - Fermium Resea ...
LyondellBasell(LYB) - 2023 Q2 - Quarterly Report
2023-08-03 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34726 LYONDELLBASELL INDUSTRIES N.V. (Exact name of registrant as specified in its charter) Netherlands 98-0646235 (State ...