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LyondellBasell Industries N.V. Class A
As of May 18, 2026 at 24:05 UTC
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About LyondellBasell Industries N.V. Class A
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production comes from its North American operations.
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Latest News
5 articlesThe global antifog additives market is projected to grow at a CAGR of 5.06% from USD 509.55 million in 2026 to USD 651.74 million by 2031, driven by rising demand from vertical farming, recyclable mono-material packaging, and stricter regulatory standards. Asia-Pacific leads market growth, while innovations in bio-based materials and advanced delivery technologies intensify competition.
Large-cap stocks experienced broad selling pressure during the week of April 13-17, 2026, with ten major companies declining significantly. Venture Global fell 14.09% following a JP Morgan downgrade, Alcoa dropped 10.23% on weak Q1 results and asset sale news, and LyondellBasell slumped 13.93%. Other notable decliners included Dow Inc. (11.08%), Equinor (10.86%), APA Corporation (9.8%), and CNH Industrial (7.99%), driven by factors ranging from leadership changes to tariff-related supply chain concerns.
U.S. stock markets surged to all-time highs on Friday following Iran's announcement to reopen the Strait of Hormuz for commercial vessels. Crude oil prices crashed over 10%, easing stagflation concerns. The S&P 500, Nasdaq 100, and Russell 2000 all hit record highs, with the Nasdaq extending its winning streak to 13 sessions. Airlines and travel stocks rallied on lower fuel costs, while energy and chemical stocks declined sharply due to plummeting oil prices.
Old North State Wealth Management completely exited its FMC Corporation position by selling 295,829 shares worth approximately $4.42 million in Q1 2026. The exit signals diminishing confidence in the company's recovery prospects, as FMC faces significant challenges including an 18% revenue decline, a $2.24 billion net loss, and further projected revenue declines for 2026. The stock has fallen 50% over the past year while underperforming the S&P 500.
Iran's Foreign Minister announced the Strait of Hormuz is fully open to all commercial vessels during the ceasefire, causing crude oil to plunge 14% to $81/barrel. Airlines and cruise lines surged as fuel costs declined, while energy and chemical companies fell sharply. The S&P 500 reached record highs with the Nasdaq 100 on its 13th consecutive gaining session.
