LyondellBasell Industries N.V.
LyondellBasell Reports Second-Quarter 2026 Earnings
Summary
LyondellBasell Industries N.V. announced its second-quarter 2026 earnings results on July 31, 2026. The company reported net income of $559 million, or $1.71 per diluted share, and EBITDA of $1.252 billion. These results were impacted by $842 million of identified items, net of tax, which included the loss on sale from the divestiture of select European assets and a write-down related to an Olefins & Polyolefins (O&P) - Americas joint venture. The company also completed the divestiture of four European assets during the second quarter, demonstrating progress in its portfolio transformation strategy. LyondellBasell remains focused on strengthening its balance sheet and delivering sustainable value for its shareholders.
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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.
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