IHS Chemical Week

Markets :: Plastics :: Polypropylene

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

9:36 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.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














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

ihsCopyright © 2015 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