LyondellBasell Contends with Feedstock Price Spike, Expects Higher Capex in Fourth Quarter

SUGAR LAND--October 31, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Plastics, chemicals and refining company LyondellBasell Industries NV (NYSE:LYB) (Houston, Texas) grappled with rising feedstock costs in the just-ended fiscal quarter, but still managed to report net income of $1.1 billion, up nearly 3.8% from about $1.06 billion in third-quarter 2017, company executives said Tuesday.

Within this article: Update on LyondellBasell's PO/TBA project in Channelview, Texas.