LyondellBasell Industries N.V. (LYB) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
LyondellBasell (LYB) is downgraded from Buy to Hold after a failed contrarian call and a 22% share price decline since May 2025. LYB's margin and cash flow trajectory is improving, with disciplined capex and a $1.1B cash improvement plan supporting dividend sustainability, but risks remain. Despite operational improvements, LYB trades at a higher EV/EBITDA multiple (~9.2x) due to lower forward estimates and uncertain structural demand recovery.
LYB and Nippon Paint launch a recycling loop for coating barrels in China, turning used plastics into new packaging.
| - Industry | - Sector | Peter Z. E. Vanacker CEO | LSE Exchange | NL0009434992 ISIN |
| US Country | 20,000 Employees | 1 Dec 2025 Last Dividend | - Last Split | 28 Apr 2010 IPO Date |
LyondellBasell Industries N.V. stands out as a global giant in the chemical industry with operational footprints across the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and many other international territories. Founded in 2009 and with its headquarters rooted in Houston, Texas, the company has carved a niche for itself in the production and marketing of a vast array of chemical products. Operating through six distinct segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology, LyondellBasell not only taps into a diverse market but also caters to a wide variety of industry needs ranging from food packaging to automotive components, showcasing its versatility and extensive reach within the global chemical market.