Friday, February 20, 2026 at 1:41 PM
LyondellBasell’s board has roughly halved the chemical company’s rich dividend amid a prolonged industry downturn.
Shares in the chemicals and food ingredients distributor were down 14%, after waning demand across its markets and regions stalled organic growth in 2025.
The group reported for 2025 the worst annual fall in its key top-line metric since the Covid-19 pandemic and projected further declines this year.
The chemical giant returned to net profit in the fourth quarter, supported by cost-saving programs and streamlining of the organization.
The Guinness maker expects a 2% to 3% decline in organic net sales, citing weakness in its U.S. business and Chinese white spirits.
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