Lyondell in Renewable-Energy Purchase Deals
LyondellBasell takes another step toward energy transition with new power agreements
Houston/Rotterdam, Jan. 29, 2025 (GLOBE NEWSWIRE) -- (LYB), a leader in the global chemical industry, announced today the signing of two significant power purchase agreements (PPAs) in Europe, further supporting its commitment to reduce greenhouse gas emissions.
Lyondell in Renewable-Energy Purchase Deals as Net Zero Push Continues
LyondellBasell signed two purchase-power agreements for renewable energy as the Dutch chemicals company continued a push to limit its environmental impact. In a 15-year deal, Rotterdam, Holland, chemicals giant agreed to purchase 450 gigawatt-hours annually of offshore wind energy from power company Vattenfall to support sustainable operations in Germany,
LYB remained sharply focused on executing its three-pillar strategyGenerated $3.8 billion of cash from operating activities with 90% cash ...
In trading on Thursday, shares of LyondellBasell Industries were yielding above the 7% mark based on its quarterly dividend ...
The Licata wind farm is located on the southern coast of Sicily and is currently under construction. The seven Vestas V150 ...
Reports Q4 revenue $9.5B, consensus $9.26B. “During Q4, our businesses delivered excellent cash performance amid difficult market conditions.
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A Houston refinery is getting ready to close. This weekend, LyondellBasell will begin to shut down its Houston refinery, ...
LyondellBasell Industries N.V. LYB is scheduled to report fourth-quarter 2024 earnings on Jan. 31, before the opening bell.
The closure of LyondellBasell’s Houston refinery is a bellwether for pressure on a segment of the oil and gas industry that ...
This was the stock's third consecutive day of losses.
Houston-based LyondellBasell Industries N.V. (NYSE: LYB) has begun ramping down operations at its century-old Houston ...
Wells Fargo analyst Michael Sison maintained a Buy rating on LyondellBasell (LYB – Research Report) yesterday and set a price target of $95.00.
LyondellBasell Industries N.V. Cl A closed 26.49% short of its 52-week high of $107.02, which the company achieved on May 8th ...
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