Catalytic pyrolysis unit in heart of Europe to bolster sustainable growth, value creation Chancellor Scholz, top elected officials attend milestone event; celebrate company commitment to Cologne regionProprietary LYB MoReTec technology enables scalable solution to recapture valuable raw materials from hard-to-recycle plastics often destined to landfill, incinerationUnit’s design and process technology enable high plastic-to-plastic yield; allow for operation under 100% renewable power, helping reduce GHG em ...

Lyondellbasell Industries N.V. (LYB) and Dacia recently partnered on the external design of the All-New Dacia Duster. The vehicle, known for its rugged elegance, now includes the durable "Starkle" material, owing to LYB's CirculenRecover portfolio. These innovative CirculenRecover polypropylene (PP) compounds utilize recycled materials and add a distinctive look to the All-New Duster model.The development of CirculenRecover polymers demonstrates LYB’s constant dedication to creating solutions for everyday s ...

Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. ...

LyondellBasell Industries N.V. (LYB) recently stated that it is investing in a new closed-loop preparation center in Lich, Germany, to address end-of-life challenges in durable goods. This advanced recycling center converts plastic waste into high-quality feedstock for high-performance materials, promoting the circular economy and contributing to industry sustainability objectives. This new recycling center combines the skills of a service provider, a university that supports the process and analytics and a ...

LyondellBasell Industries N.V. (LYB) announced that it has signed an agreement to purchase full ownership of APK AG in Merseburg, Germany. The acquisition enables LYB to grow and update its Circular and Low Carbon Solutions business, owing to its technology.The transaction's closing is subject to customary closing conditions. LYB expects APK's solvent-based recycling technology to complement its existing mechanical and sophisticated recycling technologies. As a result, it has already invested in the company ...

Expands Company's Technology Portfolio and Circular HubAcquisition increases LYB Circular and Low Carbon Solutions Business and diversification of innovative recycling technologiesTransaction encompasses existing assets and planned growth projectsROTTERDAM, Netherlands, Aug. 22, 2024 /PRNewswire/ -- LyondellBasell (LYB) today announced it entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany. Enabled by its technology, the acquisition positions LYB to grow and upgrade its Circu ...

HOUSTON and LONDON, Aug. 16, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on Sept. 3, 2024, with an ex-dividend and record date of Aug. 26, 2024.About LyondellBasellWe are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we ...

LyondellBasell Industries N.V. (LYB) , Renault and Antolin recently unveiled LYB's Hostacom TYC 2463F E2 foaming material, an innovative foaming material, for the interior design of the new Renault Rafale. This cutting-edge polypropylene (PP) compound represents a big step forward in making interior parts with intricate designs, improved surface textures, scratch resistance and low emissions — a successful partnership that culminated in the use of advanced chemical foaming technology.This milestone in mater ...

Weerapong Khodsom LyondellBasell Industries N.V. (NYSE:LYB) operates as a chemical company in the United States, and internationally. We first wrote about the firm in early 2023, with an initial "buy" rating. Later in September 2023, we have reiterated this bullish view, mainly due to its valuation based on its dividends and dividend growth. Analysis history (Author) Since then, a lot of things have changed, so we decided that it is time to update our view on the company. The aim of our writing today is to ...

LyondellBasell (LYB) reported $10.56 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.5%. EPS of $2.24 for the same period compares to $2.44 a year ago.The reported revenue represents a surprise of -1.07% over the Zacks Consensus Estimate of $10.67 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +0.45%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...