LyondellBasell Sees 5.5% Drop in Third-Quarter 2015 Earnings on Low Prices

SUGAR LAND--October 26, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--LyondellBasell Industries (NYSE:LYB) (Rotterdam, The Netherlands) reported third-quarter 2015 net income dropped 5.5% to $1.19 billion from $1.26 billion in the same quarter a year earlier, as low prices for crude oil polyolefins continued to take their toll on the chemicals producer and refining company. Industrial Info is tracking 106 active LyondellBasell projects worth $3.33 billion.

Within this article: Details on LyondellBasell's quarter and projects, including a possible propylene oxide/tertiary butyl alcohol unit addition on the Gulf Coast.