LyondellBasell earnings surge YOY on polyolefin volumes and margins

LyondellBasell earnings surge YOY on polyolefin volumes and margins
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01.02.2021

MOSCOW (MRC) - LyondellBasell (Houston, Texas), one of the largest plastics, chemicals and refining companies in the world, reports fourth-quarter net income of USD855 million, up 40% year-over-year (YOY) from USD612 million on higher polyolefin volumes and margins, reported Chemweek. A USD147 million non-cash, lower-of-cost-or-market (LCM) inventory valuation benefit increased net incom

Full article at mrcplast.com

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