LyondellBasell Defers Projects, Optimizes Portfolio To Weather Extended Cyclical Downturn

LyondellBasell Industries N.V. (NYSE:LYB) on Friday reported mixed second-quarter 2025 financial results. Its adjusted earnings missed Wall Street estimates despite revenue topping expectations.

The company posted adjusted earnings of 62 cents per share, falling short of the average analyst estimate of 89 cents. Sales declined 11.7% year-over-year to $7.66 billion, beating the estimated $7.60 billion.

While one-time charges led to a reported diluted EPS of 34 cents, adjusted EBITDA saw a solid increase to $715 million from $576 million in the prior quarter.

Also Read: LyondellBasell Moves To Sell European Assets As It Shifts Toward Circular, Renewable Growth

The company’s performance was bolstered in North America by the completion of maintenance at its Channelview complex, which led to higher operating rates and improved volumes and margins for integrated polyethylene. In Europe, lower feedstock costs helped improve margins.

Intermediate Chemicals’ profitability improved from stronger styrene margins, thanks to lower benzene costs and industry outages. ...