IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Butadiene

LyondellBasell's Earnings Soar on Strong Sales and Improved Margins

9:18 AM MDT | May 2, 2011 | Lindsey Bewley

LyondellBasell reported first quarter net income of $660 million, up from $8 million in the year-ago period, on stronger sales volumes and improved margins in most of its business segments. Sales were up 25%, to $12.2 billion.   “During the first quarter, we again demonstrated the earnings potential of our company as margins increased in nearly all businesses, despite significant raw material pricing pressures,” says Jim Gallogly, CEO of LyondellBasell.  “Ebitda of $1.4 billion reflects solid operations, an improved cost structure and...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa