LyondellBasell (LYB) Boosts PP Compounding Production in China [Yahoo! Finance]
LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB)
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am
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Source: Yahoo! Finance
in Dalian, China, thereby strengthening its presence there. The new production line will manufacture a diverse range of high-performance, high-quality polypropylene compounds, primarily for the automobile industry. The new production facility, with an annual capacity of 20,000 tons, will double the site's present production capacity, thus increasing the company's ability to satisfy the rising market demand. The global automobile industry is rapidly expanding and transforming, particularly in the new energy vehicle sector, and China has emerged as a major player in this market. With a renewed focus on value creation and speed to market, APS is well-positioned in this dynamic industry, bolstered by a comprehensive portfolio and innovative products. The start-up of the new production line marks another milestone in the company's ongoing commitment to the China market. LYB will continue to provide best-in-class products and services to its customers while promoting circularity through
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LYB
Earnings
- 4/26/24 - Beat
LYB
Sec Filings
- 5/30/24 - Form 8-K
- 5/28/24 - Form 4
- 5/28/24 - Form 4
- LYB's page on the SEC website