IHS Chemical Week

People & Business :: Earnings/Finance

Expanding Olefins Margins Lift LyondellBasell Earnings Above Estimates

9:17 AM MDT | July 30, 2012 | Rebecca Coons

LyondellBasell posted net income of $768 million for its fiscal second quarter, ended June 30, 2012. This number is 4.5% lower than the year-ago quarter, but expanding olefins margins lifted the company’s adjusted earnings of $1.66/share 18% above the analysts’ consensus estimate reported by Thomson Reuters (New York). The 2012 quarter includes a $191 million charge related to debt repayments and inventory accounting valuations. Ebitda increased 11%, to $1.8 billion. Sales fell 15%, to $11.2 billion, on weaker volumes in Europe. "During the...

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 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