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LyondellBasell Reports 2022 Earnings

LyondellBasell signs two European renewable electricity power purchase agreements and two additional agreements in the US; combined contracts represent 560 megawatts of renewable energy capacity

Fitch affirms LyondellBasell's issuer default rating at BBB, with outlook positive, reflecting its significant scale and diversification, feedstock flexibility, consistently strong pre-dividend cash flow generation, and balanced capital allocation plan

LyondellBasell names Trisha Conley as EVP of People and Culture, effective Feb. 1, 2023; Conley will lead vision and strategy to enhance employee experience, organizational performance and company culture

LyondellBasell to increase 2030 GHG emissions reduction target to 42%, from previous target of 30% for scope 1 and 2 emissions; company will establish scope 3 reduction target of 30% relative to 2020 baseline

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