LYB Stock Recent News

HOUSTON and LONDON, Oct. 04, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, will announce its third-quarter 2024 financial results before the U.S. market opens Friday, Nov. 1, followed by a webcast and teleconference to discuss the results at 11 a.m. EDT.  Teleconference and webcast details Friday, Nov. 1, 202411 a.m. EDTHosted by David Kinney, head of investor relationsAccess the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell.com/earnings.

Catalytic pyrolysis unit in heart of Europe to bolster sustainable growth, value creation Chancellor Scholz, top elected officials attend milestone event; celebrate company commitment to Cologne region Proprietary LYB MoReTec technology enables scalable solution to recapture valuable raw materials from hard-to-recycle plastics often destined to landfill, incineration Unit's design and process technology enable high plastic-to-plastic yield; allow for operation under 100% renewable power, helping reduce GHG emissions WESSELING, Germany, Sept. 19, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site.

LYB and Dacia are collaborating to set a new benchmark for automotive design and inspire the industry to embrace a more sustainable future.

LyondellBasell's stock has outperformed the basic materials segment, while offering a very attractive dividend yield. The 5.6% yield is in stark contrast to that of the S&P 500, which is near all-time lows. There aren't any immediate risks for the dividend, beyond that of a major recession in the U.S.

The investment aligns with LYB's goal of producing and marketing at least 2 million metric tons of recycled and renewable-based polymers annually by 2030.

Expands Company's Technology Portfolio and Circular Hub Acquisition increases LYB Circular and Low Carbon Solutions Business and diversification of innovative recycling technologies Transaction encompasses existing assets and planned growth projects ROTTERDAM, Netherlands , Aug. 22, 2024 /PRNewswire/ -- LyondellBasell (LYB) today announced it entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany. Enabled by its technology, the acquisition positions LYB to grow and upgrade its Circular and Low Carbon Solutions business.

HOUSTON and LONDON , Aug. 16, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on Sept. 3, 2024, with an ex-dividend and record date of Aug. 26, 2024.

The Hostacom foaming material is developed with cutting-edge LyondellBasell (LYB) catalyst technology, which improves the rheology of the PP polymer matrix.

LyondellBasell Industries operates as a chemical company in the US and internationally. Our updated two-stage dividend discount model values LYB stock at $136, significantly above the current price. A set of traditional price multiples also indicates undervaluation. Quarterly earnings show growth and commitment to returning value shareholders.

While the top- and bottom-line numbers for LyondellBasell (LYB) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.