LyondellBasell Reports 2020 Earnings
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Full Year 2020 Highlights
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EBITDA: $3.3 billion, $3.9 billion excluding LCM and Impairment
Advanced Growth Initiatives
Hyperzone plant in Texas
Expanded circular polymers joint venture capacity by 20 kt in Belgium
Strong Cash Conversion and Dividends
88% conversion of EBITDA (excluding LCM and Impairment) to cash from operating activities
Paid $4.20 per share in dividends; our tenth consecutive year of increasing total quarterly dividends
Fourth Quarter 2020 Highlights
Diluted earnings per share: $2.55 per share, $2.19 per share excluding LCM and Impairment
Highest fourth quarter EBITDA since 2017: $1.4 billion, $1.3 billion excluding LCM and Impairment
Refinanced $2.4 billion of debt to extend maturities and capture attractive interest rates