LyondellBasell Industries (LYB) Misses Q4 EPS by 21c

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LyondellBasell Reports 2016 Earnings

February 3, 2017 6:45 AM EST

HOUSTON and LONDON, Feb. 3, 2017 /PRNewswire/ --

2016 Full Year Highlights

Strong Earnings Income from continuing operations: $3.8 billion ($3.9 billion excluding LCM1) Diluted earnings per share: $9.15 per share ($9.20 per share excluding LCM) EBITDA: $6.6 billion ($6.6 billion excluding LCM) Advanced the Growth Program Completed an 800 million pound ethylene expansion at Corpus Christi, Texas, the final in a series of planned expansions to increase our U.S. ethylene capacity by 20% Began site preparations for a new 1.1 billion pound polyethylene plant in La Porte,... More