LyondellBasell Industries N.V. Class A's (LYB) shares have been fluctuating, underperforming the market on some days while exceeding on others. Despite the fluctuation, questions have arisen regarding whether the share price is currently underpriced. Amidst this market activity, LyondellBasell announced its decision to acquire the Mepol Group triggering an industry ripple. They also revealed plans to establish a joint venture aimed at creating a plastic waste sorting and recycling facility and plans for an advanced recycling plant construction. Highlighting their commitment to renewable energy, LyondellBasell signed five 15-year Solar Power Purchase Agreements with Grenergy. Additionally, a new initiative with Genox Recycling has been announced to establish another joint venture focusing on plastics recycling.
Lyondellbasell Industries N v Class A LYB News Analytics from Tue, 28 Jun 2022 07:00:00 GMT to Fri, 02 Aug 2024 21:02:00 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -5
