LyondellBasell Industries traded at $57.60 this Tuesday June 23rd, decreasing $0.82 or 1.40 percent since the previous trading session. Looking back, over the last four weeks, LyondellBasell Industries lost 16.55 percent. Over the last 12 months, its price fell by 1.37 percent. Looking ahead, we forecast LyondellBasell Industries to be priced at 58.96 by the end of this quarter and at 55.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
LyondellBasell Industries N.V. is a chemical company. The Company operates through segment such as Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. Its customers use its plastics and chemicals to manufacture a range of products that people use in their everyday lives including food packaging, home furnishings, automotive components, paints and coatings. The Company also develop and license chemical and polyolefin process technologies and manufacture and sell polyolefin catalysts. It produces of olefins and polyethylene (PE). It uses all the propylene it produces in the production of polypropylene (PP), propylene oxide and other derivatives of those products. Its chemicals businesses consist primarily of processing plants that convert volumes of liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals.