|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||0.05|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
LyondellBasell today announces it has made a decision to move forward with engineering to build an advanced recycling plant at its Wesseling, Germany, site. Using LyondellBasell's proprietary MoReTec technology, this commercial scale advanced recycling plant would convert pre-treated plastic waste into feedstock for new plastic production. The final investment decision is targeted for the end of 2023.
LyondellBasell and Shakti Plastic Industries, India's largest plastic scrap recycler and waste collection company, have signed a Memorandum of Understanding (MoU) to form a joint venture to build and operate a fully-automated, mechanical recycling plant in India. The plant is intended to process rigid packaging post-consumer waste and produce 50.000 tonnes of recycled polyethylene (PE) and polypropylene (PP) per year, equivalent to the single-use plastic waste produced by 12.5 million citizens.
HOUSTON, October 19, 2022--Air Liquide (Paris: Al), Chevron Corporation (NYSE: CVX), LyondellBasell (NYSE: LYB), and Uniper SE (FWB: UN01) have announced their intent to collaborate on a joint study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the U.S. Gulf Coast. The facility could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports, helping to increase the supply of lower c