Presentation Matthew DeYoeBofA Securities, Research Division I'm very pleased to have Agustin Izquierdo, the CFO of LyondellBasell with us this morning. I'll let you -- you've got a few slides we'll open up, and then we'll kind of just keep it informal and kick it off. With me also is Dan Lungo, our IG credit analyst. If you don't know, Dan, you should. He is a wealth of knowledge. And I think for BofA, specifically, I think the fact that we have both credit and equity on a lot of the stuff offers a lot of ...

LyondellBasell Industries (NYSE:LYB) 2026 Conference February 26, 2026 09:45 AM ET Company ParticipantsAgustin Izquierdo - CFOConference Call ParticipantsDan Lungo - IG Credit AnalystNone - AnalystNone - AnalystNone - AnalystNonevery pleased to have Agustin Izquierdo, the CFO of LyondellBasell, with us this morning. I'll let you know, you've got a few slides we'll open up, and then we'll kind of just keep it informal and kick it off. With me also is Dan Lungo, our IG credit analyst. If you don't know Dan, y ...

Bank of America Global Materials Conference Agustin Izquierdo Chief Financial Officer February 26th, 2026 Cautionary statement The statements in this presentation relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. When used in this presentation, the words "believe," "could," "int ...

In this article, we will take a look at the 14 Best Affordable Dividend Stocks to Buy According to Analysts.According to a report from Franklin Templeton, dividends have played a much larger role in investor returns than many people realize. From 1960 through the end of last year, about 85% of the S&P 500 Index’s total cumulative return came from reinvested dividends and the effects of compounding.This highlights why dividend-focused strategies remain important. They can offer more stability, a steady incom ...

HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced updates to its 2030 climate and circularity goals amid the need for disciplined capital allocation, evolving market conditions and regulatory developments. The goals remain ambitious, while balancing the need to adjust for near-term achievability. The company’s three-pillared strategy remains unchanged: growing and upgrading the core, building a profitable circular and low-carbon business, and stepping up performance and cu ...

Sustainability Initiatives - In 2025, the company incurred capital expenditures of $241 million for health, safety, and environmental compliance, with an estimated $235 million planned for 2026 [81]. - The company aims to produce and market 800 thousand metric tons of recycled and renewable-based polymers annually by 2030, with a goal to reduce absolute scope 1 and 2 greenhouse gas emissions by 32% by 2030 relative to a 2020 baseline [83]. - The MoReTec-1 plant, set to start in 2027, will convert post-consumer plastic waste into feedstock, operating under 100% renewable power and reducing GHG emissions compared to traditional processes [84]. - Power purchase agreements secured in 2024 will enable the company to procure at least 50% of its electricity from renewable sources by 2030, reducing scope 2 GHG emissions by over 1.8 million metric tons annually [85]. - The shutdown of refining operations at the Houston refinery is expected to reduce scope 1 and 2 GHG emissions by approximately 3 million metric tons and scope 3 emissions by about 40 million metric tons by the end of 2026 compared to 2020 levels [86]. - The company estimates that capital spending to support sustainability goals will represent approximately 15% of the total 2026 capital budget, while delaying certain sustainability-related projects to preserve capital [88]. Workforce and Leadership - As of December 31, 2025, the company had approximately 18,970 employees, a decrease of about 7% compared to 2024, due to fixed cost reductions and the Houston refinery shutdown [92]. - In 2025, women held 25% of global senior leadership roles, with an aspirational goal of at least 33% male and female senior leaders globally by 2032 [95]. - The 2025 employee survey indicated that 82% of respondents believe they are treated fairly, reflecting the company's focus on equity and fairness in its systems and processes [96]. - In 2025, over 500 employees participated in global leadership development programs, with a new series focused on preparing leaders to navigate change attended by 138 leaders [98]. Financial Performance and Risk Management - The company estimates that a 10% change in commodity prices would affect the fair value of its commodity derivative contracts by approximately $51 million in 2025 and $45 million in 2024 [334]. - The company has foreign currency contracts with a notional amount of €2,510 million, which could impact other comprehensive income by $180 million in 2025 and $77 million in 2024 due to a 10% fluctuation in the euro/U.S. dollar rate [336]. - As of December 31, 2025, approximately 85% of the company's debt portfolio incurred interest at a fixed rate, with the remaining 15% at a variable rate [343]. - The company has no outstanding borrowings under its $3,750 million Senior Revolving Credit Facility and $900 million U.S. Receivables Facility as of December 31, 2025 [344]. - The company reported net foreign currency gains of $6 million in 2025 and $15 million in 2024 [339]. Research and Development - The company maintains research facilities in multiple locations, including Michigan, Texas, Ohio, Italy, and Germany [109]. - The company has a pre-issuance interest rate strategy involving forward-starting interest rate swaps, with no open contracts as of December 31, 2025 [341]. - The company’s interest rate swaps had a total notional amount of $1,885 million in 2025, down from $2,158 million in 2024 [342]. - The company’s foreign currency contracts that are accounted for as economic hedges have an aggregate notional amount of $295 million, maturing between January 2026 and October 2026 [339].

HOUSTON and LONDON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, today announced that Agustin Izquierdo, executive vice president and chief financial officer, will participate in a fireside chat at the 2026 Bank of America Global Agriculture and Materials Conference in Fort Lauderdale, Fla., on Thursday, February 26, 2026, at 9:45 a.m. EST. Webcast and Presentation Slides AccessA live webcast can be accessed at the time of the event at https://inv ...

The chemical maker halved its quarterly payout to preserve cash as earnings remain under pressure. ...

Group 1 - The board of LyondellBasell has significantly reduced the company's dividend by approximately 50% due to a prolonged downturn in the chemical industry [1]

LyondellBasell slashed its fourth-quarter dividend by almost half as the chemical maker cited challenging market conditions https://t.co/jgiVnO984l ...