LyondellBasell Industries N.V. (LYB) recently announced that its board of directors has approved a quarterly dividend of $1.34 per share, marking a 7% increase from its first-quarter 2024 payout. The dividend will be distributed to shareholders on Jun 10, 2024, with an ex-dividend and record date of Jun 3, 2024. Zacks Rank & Key Picks LyondellBasell currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the basic materials space include ATI Inc. (ATI) , Carpenter Technology Corporation (CRS) and ...

HOUSTON and LONDON, May 24, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its board of directors has declared a quarterly dividend of $1.34 per share, representing a 7 percent increase over the company's first quarter 2024 dividend. The dividend will be paid to shareholders on June 10, 2024, with an ex-dividend and record date of June 3, 2024. "Today's 7 percent dividend increase reflects LyondellBasell's confidence in our ability to navigate dynamic markets, unlock value with our focused ...

LyondellBasell Industries N.V. (LYB) has introduced novel Polybatch Effects FROST masterbatches. These change PET packaging with a gorgeous matte frost effect and come in two different styles. Polybatch Effects FROST can be effortlessly combined with a variety of colors to achieve a high-end, sophisticated look. Polybatch Effects FROST effortlessly enhances the brand image with a premium aesthetic and reduces the appearance of recycled PET to a more desired look. Polybatch Effects FROST also has NIR sorting ...

LyondellBasell Industries N.V. (LYB) has set up a new polyolefins distribution hub in Hungary. This move is part of the company's continued effort to improve the customer experience, as seen by the inauguration of the U.K. hub in November 2023, by bringing inventory closer to its customers' facilities and lowering order lead times. This distribution facility in Hungary is a key addition to LyondellBasell's global footprint and represents a big step forward in giving customers speedier access to its products ...

ROTTERDAM, Netherlands, May 16, 2024 /PRNewswire/ -- LyondellBasell, a global leader in the chemical industry, is proud to announce the establishment of a new distribution hub in Hungary for its polyolefins grades. This move is part of our ongoing commitment, also illustrated by the opening of the UK hub in November 2023, to enhancing the customer experience by placing inventories closer to our customers' facilities reducing lead times on orders. This distribution hub in Hungary is an important addition to ...

LyondellBasell Industries N.V. (LYB) announced a strategic review of its European operations in the Olefins & Polyolefins and Intermediates & Derivatives business units. This review aligns with the company's strategic approach to grow and upgrade its core businesses, develop profitable circular and low-carbon solutions and enhance performance and culture.LYB’s strategy, as outlined at the 2023 Capital Markets Day, focuses on businesses with enduring competitive advantages. It plans to reinvest in areas that ...

HOUSTON and LONDON, May 8, 2024 /PRNewswire/ -- LyondellBasell today announced the formal launch of a strategic review of the European assets of its Olefins & Polyolefins and Intermediates & Derivatives business units. The assessment will evaluate the assets through the lens of the company's strategy to Grow & Upgrade the Core, Build a Profitable Circular and Low Carbon Solutions Business, and Step Up Performance & Culture. "At the 2023 Capital Markets Day, we stated our intent to concentrate our portfolio ...

LyondellBasell Industries N.V. (NYSE:LYB) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Steve Byrne - Bank of America Patrick Cunningham - Citi Frank Mitsch - Fermium Research Matthew Blair - Tudor, Pickering, Holt Jeff Zekauskas - JPMorgan Josh Spector - UBS Hassan Ahmed - Alembic Global Kevin McCarthy - Vertical Research Partners Vincent Andrews - Morgan Stanley Good day everybody and thank you for joining today's call. Before we begin the discussion, I would like to point out that a slide p ...

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 March 31, 2024 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 (Stat ...

• Value Enhancement Program targeting $600 MM recurring annual EBITDA1 run-rate by year end 2024 Progressing our long-term strategy Growing and upgrading our core to drive higher returns Building a profitable Circular & Low Carbon Solutions business Transforming our culture to embrace a comprehensive approach to value creation VEP Accelerating our Value Enhancement Program with up to $1 B recurring annual EBITDA1 run-rate by year end 2025 1. Year-end EBITDA run rate based on 2017-2019 mid-cycle margins and ...