LyondellBasell Reports Third Quarter 2026 Financial Results

LyondellBasell reported third-quarter 2026 net income of $758 million, or $2.32 per diluted share; excluding identified items, net income was $828 million, or $2.54 per share. EBITDA was $1.4 billion, rising to $1.5 billion excluding identified items, with the company citing its global portfolio and Value Enhancement Program. It returned $224 million to shareholders through dividends and repaid a €500 million note maturity. For the fourth quarter, it expects normal seasonal demand and operating rates of 85% for North American O&P, 60% for European O&P, and 75% for I&D assets.