With a market cap of $31.56 billion, LyondellBasell Industries N.V. (LYB) is a global chemical company headquartered in Houston, Texas. Specializing in producing and distributing plastics, chemicals, and refining products, LyondellBasell serves a broad range of industries, including packaging, automotive, and construction. The company’s innovative solutions in polymer and chemical production help drive advancements in sustainability and efficiency, meeting the diverse needs of its global customer base.
LYB has significantly underperformed the broader market over the last year. The stock has declined 1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.8%. In 2024, the stock has gained 1.9%, compared to SPX's 17.8% gains on a YTD basis.
