LyondellBasell Extends Receivables Facility

Details

announced that certain subsidiaries entered into an amendment to extend the term of its $900 million structured accounts receivable facility to June 27, 2025. The amendment, referred to as the RPA Sixth Amendment, also updates certain erroneous payment provisions. No other terms of the Receivables Facility have changed materially. A copy of the amendment is included as Exhibit 10.1.

Items reported

Exhibits (1)

About LyondellBasell Industries N.V.

LyondellBasell Industries N.V. operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chemicals, and refining companies, its primary function is to produce materials that find applications across a wide range of markets, including packaging, electronics, automotive, and construction. The company specializes in the manufacture of olefins and polyolefins, essential components for creating plastics and resins used in everyday items. Additionally, it offers fuel-related products and technologies for refining crude oil, impacting industries reliant on energy and fuel efficiency. Headquartered in Houston, Texas, and Rotterdam, Netherlands, LyondellBasell is recognized for its global footprint and extensive supply chain, underscoring its importance in the global manufacturing landscape. Through its innovative materials and sustainable solutions, the company plays a critical role in enhancing product performance and promoting environmentally-friendly alternatives in modern industrial applications.