LyondellBasell Industries NV is a leading global chemical company focused on the production of plastics, chemicals, and refining products. The company's mission is to create sustainable solutions that enhance the quality of life while minimizing environmental impact. LyondellBasell employs a strategy centered on innovation, operational excellence, and strategic partnerships to drive growth and efficiency. With a diverse portfolio of products, including polyolefins and advanced polymer solutions, the company operates numerous manufacturing facilities worldwide, ensuring a reliable supply chain and commitment to safety and sustainability in all its operations.

LYONDELLBASELL INDUSTRIES NV

LyondellBasell Industries N.V. (LYB) has faced challenging conditions over the past year, with its latest financial results highlighting a significant downturn. For the fiscal year 2024, the company reported a 2% decline in sales to $40.3 billion and a substantial 35% drop in profits, totaling $1.37 billion, primarily due to...

LyondellBasell Faces Decline in Sales and Profit Amid Soft Demand and Rising Costs, Yet Sustainable Portfolio Shows Significant Growth