Brief: Lyondellbasell Says 2026 Sustaining Capex To Decrease About $100 Mln Following Divestiture Of 4 European Assets - Conf Call

LyondellBasell Industries

31/07/2026 17:00

July 31 (Reuters) - Lyondellbasell Industries N.v LYB.N:
LYONDELLBASELL: ESTIMATE 6 MILLION TONS OF POLYETHYLENE CAPACITY, OR 20%-25% OF MIDDLE EAST SUPPLY, WAS DAMAGED & WILL NOT RESTART BEFORE 2027- CONF CALL
LYONDELLBASELL CEO: MIDDLE EAST CONFLICT HAS SEVERELY DISRUPTED GLOBAL PETROCHEMICAL OPERATIONS, FEEDSTOCK SUPPLY, LOGISTICS & TRADE FLOWS - CONF CALL
LYONDELLBASELL: CONFLICT-DRIVEN PRICE VOLATILITY & HIGHER ASIAN FREIGHT RATES CLOSED ARBITRAGE, BOOSTING U.S. & EUROPEAN PETROCHEMICAL MATERIAL DEMAND
LYONDELLBASELL: MEAST CONFLICT CUT CHINESE POLYOLEFIN INVENTORIES ABOUT 30% FROM PRE-CONFLICT LEVELS; OPERATING RATES REMAIN IN MID-70% RANGE
LYONDELLBASELL:CHINESE PRODUCERS CUT IMPORTS,RAISED EXPORTS TO SOUTHEAST ASIA DESPITE LOWER OPERATING RATES, CITING HIGHER PRICES ®IONAL SHORTAGES
LYONDELLBASELL: 2026 SUSTAINING CAPEX TO DECREASE ABOUT $100 MILLION FOLLOWING DIVESTITURE OF 4 EUROPEAN ASSETS
Source text: [ID:]
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