Here are the 10-K annual reports from LyondellBasell Industries N.V. (LYB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow LYB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LYB filings page.
LyondellBasell Industries describes a global, large‑scale petrochemical business built around five segments: Olefins & Polyolefins in the Americas and Europe/Asia, Intermediates & Derivatives, Advanced Polymer Solutions and Technology. The company emphasizes cost-advantaged North American feedstocks, extensive joint ventures and leading regional capacities in ethylene, polyethylene, polypropylene, propylene oxide and oxyfuels.
In 2025 it ceased operations at its Houston refinery, reclassifying refining as a discontinued operation, and agreed to sell select European olefins and polyolefins assets representing about 25% of O&P‑EAI capacity, with closing expected in the second quarter of 2026. A prolonged downturn in European petrochemicals and autos led to non‑cash impairment charges of $1,182 million, and the company recorded $126 million in shutdown costs tied to the closure of a European PO/SM joint venture unit.
The report highlights sustainability targets, including producing and marketing 800 thousand metric tons of recycled and renewable‑based polymers annually by 2030 and cutting absolute scope 1 and 2 greenhouse gas emissions by 32% by 2030 versus 2020, alongside a net‑zero ambition by 2050. Ongoing projects include the MoReTec‑1 chemical recycling plant in Germany, renewable power purchase agreements and emissions reductions from the Houston refinery shutdown. Management also outlines significant cyclicality, raw material and energy cost risks, capital intensity and global economic and regulatory uncertainties.