icon
0%

Lyondellbasell Industries N v Class A LYB - News Analyzed: 412 - Last Week: 9 - Last Month: 83

↘ LyondellBasell Signs Solar Power Agreement While Strategizing Acquisitions Amidst Market Underperformance

LyondellBasell Signs Solar Power Agreement While Strategizing Acquisitions Amidst Market Underperformance
LyondellBasell Industries N.V. Class A (LYB) experienced setbacks as its stock underperformed on both Wednesday and Thursday. In the meantime, the company declared a $1.25 dividend. It made a strategic move by deciding to acquire Mepol Group, extending its reach within the biotech market. Reinforcing its commitment to renewable energy, LyondellBasell has established five 15-year Solar Power purchase agreement with Grenergy. The question of whether investing in LYB remains viable exists. Analysts provided both upgrades and downgrades over the week, displaying varied sentiment on its performance. LYB is also planning a possible Plastics Recycling Joint Venture with Genox Recycling to boost its sustainability measures. Further detailed news and analysis on the company's stock price is available.

Lyondellbasell Industries N v Class A LYB News Analytics from Thu, 04 Jun 2015 15:09:00 GMT to Thu, 16 May 2024 21:02:00 GMT - Rating -3 - Innovation 5 - Information 7 - Rumor -4

The email address you have entered is invalid.