Valued at a market cap of $18.6 billion, LyondellBasell Industries N.V. (LYB) is a chemical company based in Houston, Texas. It produces essential materials used in packaging, automotive components, construction materials, medical supplies, and consumer goods.
This chemical company has considerably underperformed the broader market over the past 52 weeks. Shares of LYB have declined 22.2% over this time frame, while the broader S&P 500 Index ($SPX) has surged 14.4%. However, on a YTD basis, the stock is up 37.3%, outpacing SPX’s 1.4% return.
