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LyondellBasell Industries NV - LYB STOCK NEWS

Welcome to our dedicated news page for LyondellBasell Industries NV (Ticker: LYB), a resource for investors and traders seeking the latest updates and insights on LyondellBasell Industries NV.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LyondellBasell Industries NV's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LyondellBasell Industries NV's position in the market.

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LyondellBasell to Release First-Quarter 2024 Financial Results on April 26, 2024
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-1.34%
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LyondellBasell (LYB) publishes its annual sustainability report 'Everyday Sustainability,' highlighting progress in sustainability goals. Key achievements include issuing a $500 million green bond, investing in plastic-waste recycling, and achieving renewable energy targets.
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0.9%
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LyondellBasell (LYB) announced its participation in NPE2024 to showcase innovations in polymer technology and sustainable manufacturing practices. The company aims to highlight its commitment to a circular economy and environmental stewardship at the event.
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1.79%
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LyondellBasell's CEO, Peter Vanacker, will participate in a fireside chat at the J.P. Morgan 2024 Industrials Conference in New York City. The event will take place on March 13, 2024, at 9:30 a.m. EST. Investors can access the live webcast and presentation slides on the company's website. A replay will be available within 24 hours after the event.
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-1.55%
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LyondellBasell (LYB) announces a public offering of $750 million aggregate principal amount of 5.500% Guaranteed Notes due 2034 by its subsidiary. The Offering is expected to close on February 28, 2024, with net proceeds intended for general corporate purposes, including the repayment of existing senior notes. Citigroup Global Markets Inc. and Mizuho Securities USA LLC are the joint book-running managers for the Offering.
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0.18%
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LyondellBasell declares a dividend of $1.25 per share, payable on March 11, 2024, to shareholders of record on March 4, 2024.
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1%
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dividends
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LyondellBasell (LYB) acquires mechanical recycling assets from PreZero, expanding its U.S. presence and plastic recycling capabilities. The acquisition includes a processing facility in California with a production capacity of 50 million pounds per year. LYB plans to operate the plant to manufacture post-consumer recycled resins under its CirculenRecover brand, contributing to the circular economy and meeting customer demand for sustainable products.
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-1.46%
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LyondellBasell (LYB) announces executive committee changes with Kimberly Foley as EVP of Global Olefins & Polyolefins, Refining, and Supply Chain, and Aaron Ledet as EVP of Intermediates and Derivatives. The changes follow the departure of Ken Lane.
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-1.46%
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News
Rhea-AI Summary
LyondellBasell Industries (NYSE: LYB) reported fourth-quarter 2023 net income of $185 million, or $0.56 per share, and full-year 2023 net income of $2.1 billion, or $6.46 per share. The company also took final investment decision to build a catalytic advanced recycling plant and announced the divestiture of its Ethylene Oxide and Derivatives business. Despite challenges, the company delivered resilient results and is focused on a three-pillar strategy to create a more profitable and sustainable growth engine.
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-1.85%
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LyondellBasell (NYSE: LYB) and MSI Technology, LLC have entered into an agreement for MSI Technology to serve the LyondellBasell Polybutene-1 (PB-1) resin line into consumer packaging applications for North America. This strategic fit aims to enhance offerings to customers in consumer packaging, utilizing the technical sales approach and specialty product portfolio of MSI Technology. LyondellBasell PB-1 resins are known for their broad seal-peel temperature range, consistent and reproducible peel performance, and good seal integrity, making them ideal for easy-open packaging and film modification.
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-1.6%
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LyondellBasell Industries NV

NYSE:LYB

LYB Rankings

LYB Stock Data

33.04B
258.63M
20.32%
72.49%
1.7%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
United Kingdom
4th Floor One Vine Street

About LYB

lyondellbasell (nyse: lyb) is one of the world’s largest plastics, chemicals and refining companies and a member of the s&p 500 index. with operations on five continents, we are a major global manufacturer of ethylene, polyethylene, propylene, polypropylene, propylene oxide, oxygenated fuels and acetyls. we also are a significant producer of gasoline, diesel and gasoline blending components. our products provide the amazing chemistry for countless goods that improve the quality of life for people around the world, including packaging, electronics, automotive parts, home furnishings, medical supplies, construction materials and biofuels. our portfolio lyondellbasell’s balanced, integrated product portfolio is comprised of five amazing business segments – olefins and polyolefins – americas; olefins and polyolefins – europe, asia and international; intermediates and derivatives; refining; and technology. we manufacture products at 55 sites in 18 countries and participate in 16 manufa