LYB Dalian APS Plant to Run Fully on 100% Renewable Electricity

Group 1 - LyondellBasell Industries N.V. (LYB) has secured a one-year agreement to power its Dalian, China manufacturing facility entirely with 100% renewable electricity starting in 2025, marking it as the first LYB Advanced Polymer Solutions (APS) plant in Asia to operate on renewable energy [1] - The transition to renewable energy at the Dalian site is expected to reduce carbon emissions by nearly 5,000 tons of CO2 in 2025, equivalent to removing approximately 1,000 passenger cars from the road for a year [2] - The power mix for the Dalian facility will primarily consist of wind and solar photovoltaics, supporting the Chinese automotive industry's efforts to lower product carbon footprint (PCF) [3] Group 2 - LYB's stock has experienced a decline of 43.4% over the past year, compared to a 26.8% decline in the industry [3] - LYB currently holds a Zacks Rank of 5 (Strong Sell), while other stocks in the Basic Materials space, such as DRDGOLD Limited, Idaho Strategic Resources, and Carpenter Technology Corporation, have better rankings [4] - The Zacks Consensus Estimate for DRD's current-year earnings indicates a 29.3% year-over-year rise, while IDR's earnings are expected to rise by 16.4% from year-ago levels [5]