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LyondellBasell (LYONDELL)

Company Overview

One of the world's largest plastics, chemicals, and refining companies, with leading positions in polyethylene and polypropylene production.

Commodity Exposures

Price Sensitivity

LyondellBasell is one of the world's largest producers of polyethylene and polypropylene, with earnings driven by the integrated polyethylene chain margin (crude oil/natural gas to polyethylene). The company's US Gulf Coast assets benefit from cheap ethane feedstock, while European operations face higher naphtha-based costs. LyondellBasell's Houston refinery adds direct crude oil processing exposure to the chemical margin story.

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