Iran conflict lifts chemical earnings
Supply disruptions from the Iran conflict and Strait of Hormuz closures have boosted profits for major US and European chemical companies, with LyondellBasell reporting second-quarter earnings up near
Supply disruptions from the Iran conflict and Strait of Hormuz closures have boosted profits for major US and European chemical companies, with LyondellBasell reporting second-quarter earnings up near
LyondellBasell's Q2 adjusted EPS reached $4.30, exceeding expectations, while Middle East supply disruptions damaged 6 million tons of polyethylene capacity, surging EBITDA by over 200%.
LyondellBasell reported Q2 adjusted net income of $1.401 billion, beating estimates. Price hikes from Middle East conflict-driven supply disruptions in polyethylene markets expanded margins across all
The CW75 index rose 0.58% last week, trailing major benchmarks like the S&P500. LyondellBasell shares gained after reporting first-quarter earnings that exceeded analyst expectations.
LyondellBasell reported Q1 adjusted net income of $163 million, beating estimates amid Middle East supply disruptions. The company forecasts continued margin expansion driven by tighter global supply
LyondellBasell shut down its Bayport Choate PO/TBA plants following an operational upset and gas flare, causing US MTBE spot prices and liquidity to rise.
LyondellBasell declared force majeure on polyolefin supply due to global supply chain disruptions linked to the Middle East war.
C&EN's 2025 financial wrap-up shows most chemical companies posted lower sales, though DuPont saw growth while redefining its portfolio. Broader watch items include Lyondell reducing sustainability ta
LyondellBasell has reduced its 2030 sustainability goals to maintain capital discipline, CEO Peter Vanacker states amid current economic conditions.
LyondellBasell reported a Q4 2025 adjusted net loss of $79 million, missing market expectations due to margin compression and unplanned maintenance. This performance underscores profitability challeng
LyondellBasell reported a Q4 adjusted net loss of $79 million, reversing a $330 million profit from the previous quarter. The result missed analyst consensus estimates of a $63 million profit amid nar
Winter storms caused operational disruptions and shutdowns at key chemical facilities operated by LyondellBasell and Celanese in Texas, affecting acetyls production complexes.
LyondellBasell plans to start a joint venture complex with Sipchem in Jubail by 2032, producing 1.5 million metric tons per year of ethylene and 1.8 million metric tons of polymers. The CEO anticipate