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LyondellBasell anticipates its 500,000-tonne/year Hyperzone HDPE unit in La Porte, Teas, will make growing amounts of products in the coming 12-18 months; the facility had opened in 2020 and was brought down by the firm for alterations in Q4 2021

LyondellBasell anticipates high demand and higher PE pricing to persist through Q2 in the Americas while an ultimate snapback could happen in China when the economy escapes from the pandemic lockdown

Jiangsu Hongjing New Material licenses LyondellBasell's Lupotech T high-pressure PE technology at new 200,000-ton/year vinyl acetate copolymer lines in Lianyungang, China; company notes strong demand for LDPE

LyondellBasell to cease operation at two office locations in Russia due to current conditions in the region; offices were primarily invovled in selling polymers from O&P and APS businesses

LyondellBasell reports Q1 2022 net income up 23.4% year-over-year to US$1.32B; company achieved price increases for PE and PP, continued operating its European ethylene crackers at 85% capacity, restarted ethylene cracker in La Porte, Texas

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