Cyclyx to Invest in Second Cyclyx Circularity Center [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
The facility, expected to start up in 2026, will produce 300 million pounds of plastic waste feedstock per year and create over 100 jobs. This is the second such center, following the first in Houston, and will help build a more circular economy for plastics by accepting a wide range of plastic waste streams and producing feedstock for mechanical and advanced recycling. PORTSMOUTH, N.H. Nov. 26, 2024 /PRNewswire/ -- Cyclyx International, LLC. , a post-use plastic-to-feedstock innovator and joint venture among Agilyx ExxonMobil , and LyondellBasell has reached a final investment decision for a second Cyclyx Circularity Center (CCC2). The new facility will be located at an existing distribution center in the Fort Worth, Texas area and will help to create further necessary infrastructure for a plastic circular economy. Together, Agilyx, ExxonMobil, and LyondellBasell are investing $135 million into Cyclyx to fund the construction and operations for CCC2, which has an expected startup
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News
- LyondellBasell Industries (NYSE: LYB) had its price target lowered by analysts at Royal Bank of Canada from $104.00 to $92.00. They now have an "outperform" rating on the stock.MarketBeat
- Packaging Resin Market Size to Elevate USD 509.05 Billion by 2034 [Yahoo! Finance]Yahoo! Finance
- LyondellBasell Industries (NYSE: LYB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- LyondellBasell: An Undervalued Stock And A Buyback Machine [Seeking Alpha]Seeking Alpha
- LyondellBasell Industries (NYSE: LYB) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $96.00 to $86.00. They now have a "sell" rating on the stock.MarketBeat
LYB
Earnings
- 11/1/24 - Miss
LYB
Sec Filings
- 12/17/24 - Form 4
- 12/16/24 - Form 4
- 12/12/24 - Form S-3ASR
- LYB's page on the SEC website