IHS Chemical Week

Markets :: Plastics :: Polyethylene

LyondellBasell's Earnings Soar on Advantaged U.S. Olefins Business

9:35 AM MDT | October 28, 2011 | Lindsey Bewley

LyondellBasell reported third-quarter net income of $895 million, up 92% from the year-ago quarter, on sales up 29%, to $13 billion. Results were driven by strong performance in the company’s North American olefins business.   “In U.S. olefins, we benefited from both very strong ethane- and naphtha-based ethylene margins, and our Midwest ethylene plants were especially advantaged,” says LyondellBasell CEO Jim Gallogly. “Intermediates and derivatives continued its strong, stable performance with Ebitda margins of 18%. Results for...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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