LyondellBasell reports second quarter 2026 earnings

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  "signal_type": "news",
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  "detected_at": "2026-07-31T10:30:00+00:00",
  "company": {
    "name": "LyondellBasell",
    "domain": "lyondellbasell.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/07/31/3336680/0/en/LyondellBasell-reports-second-quarter-2026-earnings.html",
    "title": "LyondellBasell reports second quarter 2026 earnings",
    "excerpt": "HOUSTON and LONDON, July 31, 2026 (GLOBE NEWSWIRE) -- LyondellBasell Industries (NYSE: LYB) (the \"company\") today announced results for the second quarter 2026. Comparisons with the prior quarter and second quarter 2025 are available in the following table: Table 1 - Earnings Summary Excluding Identified Items 1 (1) See “Information Related to Financial Measures” for a discussion of the company’s use of non-GAAP financial measures and Tables 2-4 for reconciliations or calculations of these financial measures. “Identified items” include adjustments for lower of cost or market (\"LCM\"), gain or loss on sale of business, asset write-downs in excess of $10 million in aggregate for the period, Cash Improvement Plan costs, site closure costs, European transaction costs, net of transition service agreement income, and discontinued operations. “In a dynamic macroeconomic environment, we delivered exceptional results through deliberate commercial actions, the strength of our advantaged portfolio and improved market conditions supporting margin expansion,” said Peter Vanacker, LYB chief executive officer. “We responded quickly to the global supply disruption by increasing operating rates to serve our customers, demonstrating the flexibility and resilience of our global asset base and supply chain. We also took decisive actions with the divestment of select European assets and continued...",
    "summary": "LyondellBasell Industries completed the divestiture of four European assets during the second quarter of 2026.",
    "location": "Europe",
    "planning": false,
    "image_url": "https://ml.globenewswire.com/Resource/Download/90b1dbf6-f3b2-476b-a43d-e93df5df8728",
    "confidence": 0.9,
    "published_at": "2026-07-31T10:30:00Z",
    "location_data": [
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        "continent": "Europe",
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    ],
    "article_sentence": "LYB reached an important milestone in its portfolio transformation with the completion of the divestiture of four European assets during the second quarter."
  }
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