LyondellBasell Industries (LYB) Tops Q4 EPS by 83c

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Go back to LyondellBasell Industries (LYB) Tops Q4 EPS by 83c

LyondellBasell Reports 2020 Earnings

January 29, 2021 6:30 AM EST

HOUSTON and LONDON, Jan. 29, 2021 /PRNewswire/ --  

Full Year 2020 Highlights

Resilient Earnings

Net Income: $1.4 billion, $1.9 billion excluding LCM and Impairment1 Diluted earnings per share: $4.24 per share, $5.61 per share excluding LCM and Impairment EBITDA: $3.3 billion, $3.9 billion excluding LCM and Impairment

Advanced Growth Initiatives

Expanded polyethylene capacity with new 500 kt per year Hyperzone plant in Texas New joint ventures in China and Louisiana; both accretive to earnings in the fourth quarter Expanded circular polymers joint venture capacity by 20 kt in... More