LyondellBasell (LYB) Announces Review of European Operations
LyondellBasell(LYB) Zacks Investment Research·2024-05-10 23:50
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 ...