LyondellBasell Sees 5.5% Drop in Third-Quarter 2015 Earnings on Low Prices, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Oct 26, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- LyondellBasell Industries (NYSE:LYB) (Rotterdam, The Netherlands) reported third-quarter 2015 net income dropped 5.5% to $1.19 billion from $1.26 billion in the same quarter a year earlier, as low prices for crude oil and polyolefins continued to take their toll on the chemicals producer. Industrial Info is tracking 106 active LyondellBasell projects worth $3.33 billion.
Within this article: Details on LyondellBasell's quarter and projects, including a possible propylene oxide/tertiary butyl alcohol unit addition on the Gulf Coast.
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(October 26, 2015 - 6:30 AM EDT)
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