LyondellBasell Industries N.V.

LyondellBasell announces quarterly dividend

LyondellBasell declared a quarterly dividend of $0.69 per share, payable to shareholders on August 31, 2026. The ex-dividend and record date for the payment is set for August 24, 2026.

•2mo ago

LYB: 10-Q · periodic report

LyondellBasell reported strong financial results for the six months ended June 30, 2026, with net income attributable to shareholders increasing 136% to $681 million compared to the prior year period. Operating income surged 347% to $1.78 billion, driven by improved margins across the Olefins and Polyolefins, and Intermediates and Derivatives segments, supported by industry supply constraints and favorable pricing. The financial results included a non-cash impairment charge of $89 million and a $734 million loss on the divestiture of select European assets and associated businesses during the second quarter. Despite these items, the company generated $483 million in cash from operating activities and maintained a robust liquidity position with $2.63 billion in cash and equivalents. The company returned $448 million to shareholders through dividend payments during the period, reflecting a reduced quarterly dividend rate of $0.69 per share approved earlier in 2026. Capital expenditures for the six months totaled $539 million, with the majority allocated to sustaining maintenance and plant health projects.

SEC 10-Q•2mo ago

LyondellBasell reports second quarter 2026 earnings

LyondellBasell reported Q2 2026 revenue of $9.18 billion, with GAAP net income rising to $559 million or $1.71 per share, significantly up from $0.34 per share in the prior year. Adjusted EBITDA increased to $2.13 billion, driven by margin expansion and the successful completion of four European asset divestitures, which contributed $310 million in cash. The company ended the quarter with $7.09 billion in liquidity and warned that geopolitical instability and planned maintenance at the Clinton facility would impact volumes in the second half of the year.

•2mo ago

From plastic waste to chocolate wrappers: LYB and Mondelez collaborate on Marabou flexible packaging sourced from recycled plastic 

LyondellBasell has collaborated with Mondelez International, Amcor, and Taghleef Industries to launch flexible packaging for Marabou chocolate bars containing 75% recycled content. The packaging utilizes LYB's CirculenRevive polymers, which feature 100% attributed recycled content via an ISCC PLUS-certified mass balance approach to convert hard-to-recycle plastic waste. Looking ahead, LYB plans to supply future polymers for this packaging from its MoReTec-1 plant, which is designed to produce 50,000 metric tons of feedstock annually upon completion in Germany.

•3mo ago

LYB: 8-K · share repurchase

LyondellBasell Industries N.V. (LYB) shareholders approved a new share repurchase program at their annual meeting on May 22, 2026, authorizing the company to buy back up to 10% of its issued share capital, or approximately 34.04 million shares, through November 22, 2027. The repurchases may be executed via open market or privately negotiated transactions, subject to market conditions and legal requirements, and do not obligate the company to acquire any specific number of shares. Shareholders also approved the election of 12 director nominees, the ratification of PricewaterhouseCoopers as auditor, and an amendment to the Long-Term Incentive Plan that adds 8 million shares to the authorized pool and caps annual director grants at $2 million in fair value.

SEC 8-K•5mo ago

LyondellBasell completes sale of select European strategic assessment assets

LyondellBasell closed the sale of select European olefins and polyolefins assets to AEQUITA, including sites in Berre, Münchsmünster, Carrington, and Tarragona. The divestiture is a key milestone in the company’s strategic assessment, designed to concentrate the portfolio on assets with durable competitive advantages and to enhance financial flexibility. The divested business will operate under the new name Velogy, while LyondellBasell retains its Advanced Polymer Solutions operations in Tarragona.

•5mo ago