LyondellBasell earnings plummet on weak demand, pricing

MOSCOW (MRC) -- LyondellBasell (Houston, Texas) reports second-quarter net income of USD314 million, down 69% year-over-year (YOY) from USD1.003 billion as the pandemic weighed on volume and pricing, reported Chemweek. Revenue totaled USD5.546 billion, down 39% YOY from USD9.048 billion. Adjusted earnings per share dropped 74% YOY to 71 cents while beating the average analyst estimate of 6

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