Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had
LyondellBasell reported Q1 fiscal 2024 revenues of $9.9B, down from $10.25B last year but beating expectations. Adjusted EBITDA and EPS were also lower but above consensus.
LyondellBasell (NYSE:LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from PreZero, a global recycling leader and waste management
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LyondellBasell Industries reported lower Q4 revenues of $9.93B. Adjusted EPS was $1.26, below consensus of $1.31. Outlook for 2024 includes continued challenges, low ethane costs, and uncertain China demand. Operating rates will be adjusted to global demand.
LyondellBasell (LYB) has been selected to receive a €40 million grant from the European Union (EU) Innovation Fund. The grant will support the fully-electrified, industrial-scale advanced recycling demonstration plant