LyondellBasell reports 2024 earnings: Strong cash flow amid market challenges

Pallavi Madhiraju- February 2, 2025 0

LyondellBasell Industries, a chemical industry leader, has reported its fourth-quarter and full-year 2024 financial results, highlighting strong cash flow despite a challenging economic environment. The ... Read More

LyondellBasell to sell ethylene oxide and derivatives unit to INEOS for $700m

Pallavi Madhiraju- December 10, 2023 0

In a significant move in the chemical industry, LyondellBasell (LYB) has announced its agreement to sell its Ethylene Oxide & Derivatives (EO&D) business, along with ... Read More

LyondellBasell begins commercial production of polymers from plastic waste

Pallavi Madhiraju- May 8, 2021 0

Netherlands-based chemical company LyondellBasell has begun production of virgin quality polymers from raw materials extracted from plastic waste at its Wesseling, Germany site. By the ... Read More

LyondellBasell, Sasol to create polyethylene joint venture in US

Pallavi Madhiraju- October 4, 2020 0

LyondellBasell and Sasol have agreed to create a 50:50 joint venture (JV) under which the former will acquire a 50% stake in the latter’s 1.5 ... Read More

Construction begins on LyondellBasell’s $2.4bn PO/TBA Plant in Houston

Pallavi Madhiraju- August 27, 2018 0

Dutch chemical company LyondellBasell has started construction of its $2.4 billion propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in Houston, Texas, which is ... Read More