LyondellBasell recognized $76 million in shutdown costs in Q3 2026 related to the closure of its European propylene oxide (PO) joint venture.
Filing excerpt
EBITDA increased by $343 million, or $409 million excluding identified items, which includes approximately $76 million in shutdown costs related to the closure of our European PO Joint venture, recognized in the third quarter of 2026.
What this signalsFilings often name leadership changes, deals and spending plans.
Regions named
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Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/9fe082a8-5f55-463b-9bc6-2442575e0198 returns this record as JSON. POST /v1/companies/enrich returns every signal for lyondellbasell.com.
{
"signal_id": "9fe082a8-5f55-463b-9bc6-2442575e0198",
"signal_type": "sec-8k",
"signal_subtype": "restructuring",
"detected_at": "2026-11-03T07:04:06.862+00:00",
"company": {
"name": "LyondellBasell",
"domain": "lyondellbasell.com"
},
"data": {
"detail": "LyondellBasell recognized $76 million in shutdown costs in Q3 2026 related to the closure of its European propylene oxide (PO) joint venture. Industrial decommissioning, remediation, and restructuring advisory providers may find active opportunities supporting this site wind-down.",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "shutdown costs related to the closure of European PO Joint venture",
"dollar_millions": 76
},
"summary": "LyondellBasell incurs $76 million in closure costs for European propylene oxide joint venture",
"excerpts": "EBITDA increased by $343 million, or $409 million excluding identified items, which includes approximately $76 million in shutdown costs related to the closure of our European PO Joint venture, recognized in the third quarter of 2026.",
"relevance": 0.75,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1489393/000148939326000067/lyb-20261029.htm",
"filing_date": "2026-10-30",
"filing_year": 2026,
"fiscal_year_end": "10/29",
"sales_relevance": "Change management needs",
"signal_category": "workforce",
"regions_mentioned": [
"Europe"
]
}
}
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