LyondellBasell Industries N.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 29, 2021 at 12:56 pm EDT
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LyondellBasell Industries N.V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 12,700 million compared to USD 6,776 million a year ago. Revenue was USD 12,700 million compared to USD 6,776 million a year ago. Net income was USD 1,760 million compared to USD 112 million a year ago.
For the nine months, sales was USD 33,343 million compared to USD 19,816 million a year ago. Revenue was USD 33,343 million compared to USD 19,816 million a year ago. Net income was USD 4,886 million compared to USD 567 million a year ago. Basic earnings per share from continuing operations was USD 14.58 compared to USD 1.69 a year ago. Diluted earnings per share from continuing operations was USD 14.57 compared to USD 1.69 a year ago. Basic earnings per share was USD 14.58 compared to USD 1.69 a year ago. Diluted earnings per share was USD 14.57 compared to USD 1.69 a year ago.
LyondellBasell Industries N.V. is one of the world's largest chemical groups. Net sales break down by activity as follows:
- production of olefins and polyolefin (50.2%): ethylene, propylene, butadiene, polypropylene components, etc.;
- manufacturing of intermediate chemical products (21.6%): propylene oxide, acetyl, ethanol, ethylene oxide, etc.;
- refining of highly sulfide crude oil (15.6%): activity ensured in the Gulf Coast region of the United States. The group also produces oxy-fuel;
- manufacturing of advanced polymer solutions (11.1%): polypropylene compounds, engineering plastics, composite materials, advanced polymers, etc. ;
- development of chemical and polyolefin process technologies (1.5%). The group also manufactures polyolefin catalysts.
At the end of 2021, the group had 34 production sites worldwide.
Net sales break down geographically as follows: the Netherlands (3%), the United States (48.8%), Germany (7.4%), China (5%), Italy (4%), Mexico (3.4%), Japan (3.1%), France (3%), Poland (2.5%) and other (19.8%).
LYONDELLBASELL INDUSTRIES N.V. 
