Earnings ·
LyondellBasell reports Q3 net income of $758M and agrees to sell Houston Refining for $320.5M
LYBLyondellBasell Industries N.V.
LyondellBasell Industries N.V. reported third-quarter 2026 net income of $758 million, or $2.32 per diluted share, with EBITDA of $1.4 billion. The company also announced it entered into an agreement to sell its wholly owned subsidiary Houston Refining, L.P., for $320.5 million, a transaction expected to close in the fourth quarter of 2026 subject to customary conditions. LyondellBasell is a global leader in the chemical industry that develops, manufactures and markets innovative products including polyolefins, oxyfuels, propylene oxide and acetyls.