LyondellBasell
Sector unknown·LYB · USA (SEC 10-K)·Fiscal year to 31/12/2025
Our chemicals businesses consist primarily of large processing plants that convert large volumes of liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals. Our chemical products tend to be basic building blocks for other chemicals and plastics. Our plastic products are used in large volumes as well as smaller specialty applications.
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Plastics and polymers
Raw materials and inputs
Market
“Our chemicals businesses consist primarily of large processing plants that convert large volumes of liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals. Our chemical products tend to be basic building blocks for other chemicals and plastics. Our plastic products are used in large volumes as well as smaller specialty applications.”
Annual report 2025A · The company itself
Market
“Our reportable segments are: •Olefins and Polyolefins-Americas (“O&P-Americas”). Our O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.”
Annual report 2025A · The company itself
Market
“Table of Contents •Olefins and Polyolefins-Europe, Asia, International (“O&P-EAI”). Our O&P-EAI segment produces and markets olefins and co-products, polyethylene and polypropylene. •Intermediates and Derivatives (“I&D”).”
Annual report 2025A · The company itself
Market
“Our I&D segment produces and markets propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals such as styrene monomer and acetyls. •Advanced Polymer Solutions (“APS”).”
Annual report 2025A · The company itself
Market
“Olefins and Polyolefins Segments Generally We are one of the leading worldwide producers of olefins and polyethylene (“PE”) and we are the world’s second largest producer of polypropylene (“PP”).”
Annual report 2025A · The company itself
Market
“PE sales accounted for approximately 24%, 23% and 23% of our consolidated revenues in 2025, 2024 and 2023, respectively. •Polypropylene—We produce PP homopolymers and copolymers.”
Annual report 2025A · The company itself
Market
“PP sales accounted for approximately 19%, 19% and 17% of our consolidated revenues in 2025, 2024 and 2023, respectively.”
Annual report 2025A · The company itself
Chains in: Oil strengthens
Circular economy and recycling
Regulation
StrategyPositive impact: strengthens
“Strategy Our strategy aims to drive focus, differential growth and value creation through three strategic pillars: Growing and upgrading the core—We expect to reshape our business portfolio to support growth, increase resiliency and drive higher returns. We will leverage our legacy strengths in technology, cost management, operational excellence and our global reach to focus on businesses with leading positions in growing markets with advantaged feedstocks and attractive returns.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Building a profitable Circular & Low Carbon Solutions (“CLCS”) business—We expect our CLCS business will grow to become a leader in meeting the rapidly growing demand for sustainable solutions at scale. We are building a comprehensive platform for sourcing recycled and renewable feedstocks while leveraging our innovative technologies and our existing asset base to serve our customers’ needs for sustainable materials.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“In 2024, we began construction of MoReTec-1, our first industrial-scale chemical recycling plant located at our site in Wesseling, Germany. This facility will use our proprietary MoReTec technology to convert hard-to-recycle mixed plastic waste into circular feedstock for producing new polymers. This plant is expected to have an annual capacity of 50 thousand metric tons per year.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“We have set a 2030 circularity goal for producing and marketing recycled and renewable-based polymers annually by 2030.”
Annual report 2025A · The company itself
Chains in: EU climate and energy policy strengthens
Oil
Raw materials and inputs
DriverPositive impact: strengthens
“The relatively low cost of natural gas-derived raw materials in the U.S. versus the global cost of crude oil-derived raw materials has had a positive influence on the profitability of our North American operations.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Our ability to pass on raw material price increases to our customers is dependent on market-driven demand for olefins and polyolefins.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Our ability to pass through the increased cost of raw materials to customers is dependent on global market demand for olefins and polyolefins.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The petrochemical market has been affected by the price volatility of naphtha, the primary feedstock for olefins in the region.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“In addition to changes in the supply and demand for products, changes in energy prices and other worldwide economic conditions can cause volatility.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“A sustained decrease in the price of crude oil may adversely impact the results of our operations, primarily in North America.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“For example, we have benefited from the favorable ratio of U.S. crude oil prices to natural gas prices in the past. If the price of crude oil remains lower relative to U.S. natural gas prices or if the demand for natural gas and NGLs increases, this may have a negative impact on our results of operations.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“We purchase large quantities of natural gas, electricity and steam which we use as energy to fuel our facilities and purchase large quantities of natural gas liquids and crude oil derivatives which we use as feedstocks.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Olefins and Co-products—Ethylene is the most significant petrochemical in terms of worldwide production volume and is the key building block for PE and many other chemicals and plastics. Ethylene is produced by steam cracking hydrocarbons such as ethane, propane, butane and naphtha. This production results in co-products such as aromatics and other olefins, including propylene and butadiene.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“The primary raw materials used in our Americas olefin facilities are natural gas liquids (“NGLs”) and heavy liquids. Heavy liquids include crude oil-based naphtha and other refined products, as well as condensate, a very light crude oil resulting from natural gas production. NGLs include ethane, propane and butane.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Raw Materials—Raw material cost is the largest component of the total cost for the production of olefins and co-products.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“The principal raw materials used in the production of polyolefins are propylene and ethylene.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Costs and limitations on supply of raw materials and energy may result in increased operating expenses. The costs of raw materials and energy represent a substantial portion of our operating expenses.”
Annual report 2025A · The company itself
Chains out: this strengthens Plastics and polymers
Natural gas
Raw materials and inputs
DriverPositive impact: strengthens
“The relatively low cost of natural gas-derived raw materials in the U.S. versus the global cost of crude oil-derived raw materials has had a positive influence on the profitability of our North American operations.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Our ability to pass on raw material price increases to our customers is dependent on market-driven demand for olefins and polyolefins.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“In addition to changes in the supply and demand for products, changes in energy prices and other worldwide economic conditions can cause volatility.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“For example, we have benefited from the favorable ratio of U.S. crude oil prices to natural gas prices in the past. If the price of crude oil remains lower relative to U.S. natural gas prices or if the demand for natural gas and NGLs increases, this may have a negative impact on our results of operations.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Additionally, increasing exports of NGLs and crude oil from the U.S. or greater restrictions on hydraulic fracturing could restrict the availability of our raw materials, thereby increasing our costs.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“We purchase large quantities of natural gas, electricity and steam which we use as energy to fuel our facilities and purchase large quantities of natural gas liquids and crude oil derivatives which we use as feedstocks.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“The primary raw materials used in our Americas olefin facilities are natural gas liquids (“NGLs”) and heavy liquids. Heavy liquids include crude oil-based naphtha and other refined products, as well as condensate, a very light crude oil resulting from natural gas production. NGLs include ethane, propane and butane.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“The primary raw material used in our European olefin facilities is naphtha; however, we also have the capability to displace up to half of our European assets’ naphtha needs with other feedstocks, such as liquified petroleum gases.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Costs and limitations on supply of raw materials and energy may result in increased operating expenses. The costs of raw materials and energy represent a substantial portion of our operating expenses.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“For some of our raw materials and utilities there are a limited number of suppliers, and in some cases, the supplies are specific to the particular geographic region in which a facility is located. It is also common in the chemical industry for a facility to have a sole, dedicated source for its utilities, such as steam, electricity and gas. Having a sole or limited number of suppliers may limit our negotiating power, particularly in the case of rising raw material costs.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“In addition, we have significant obligations under take-or-pay agreements. Even though we may reduce production at facilities, we may be required to continue to purchase or pay for utilities or raw materials under these arrangements.”
Annual report 2025A · The company itself
Business cycle and GDP growth
Macro
DriverPositive impact: strengthens
“In general, demand is a function of economic growth, including the regional dynamics that underlie global growth trends.”
Annual report 2025A · The company itself
DriverMixed impact: mixed
“The chemical industry historically has experienced alternating periods of capacity shortages, causing prices and profit margins to increase, followed by periods of excess capacity, resulting in oversupply, declining capacity utilization rates and declining prices and profit margins.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Table of Contents Large capital projects can take many years to complete, and market conditions could deteriorate significantly between the project approval date and the project startup date, negatively impacting project returns. If we are unable to complete capital projects at their expected costs and in a timely manner, or if the market conditions assumed in our project economics deteriorate, our business, financial condition, results of operations and cash flows could be materially and adversely affected.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“We may be required to reduce production or idle facilities for extended periods of time or exit certain businesses as a result of the cyclical nature of our industry. Specifically, oversupplies of or lack of demand for particular products or high raw material prices may cause us to reduce production.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Sustained unfavorable market conditions may also result in asset impairments. For example, in the third quarter of 2025, a prolonged downturn in, and outlook for, the European petrochemical and global automotive industries, combined with the sustained decline in our market capitalization, resulted in non-cash impairment charges of $1,182 million, presented in both Goodwill impairments and Other impairments on the Consolidated Statements of Income (Loss).”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Risks related to the Global Economy and Multinational Operations Economic disruptions and downturns in general, and particularly continued global economic uncertainty or economic turmoil in emerging markets, could have a material adverse effect on our business, prospects, operating results, financial condition and cash flows.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Economic downturns in the businesses and geographic areas in which we sell our products could substantially reduce demand for our products and result in decreased sales volumes and increased credit risk. Recessionary environments adversely affect our business because demand for our products is reduced, particularly from our customers in industrial markets generally and the automotive and housing industries specifically and may result in higher costs of capital.”
Annual report 2025A · The company itself
Chains out: this strengthens Global trade volumes, strengthens Construction
Climate change and extreme weather
Macro
DriverNegative impact: weakens
“Disruptions of supplies may occur as a result of transportation issues resulting from natural disasters, water levels, and interruptions in marine water routes, among other causes, which can affect the operations of vessels, barges, rails, trucks and pipeline traffic. These risks are particularly prevalent in the U.S. Gulf Coast area.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“In recent years, we have had to temporarily shut down plants on the U.S. Gulf Coast as a result of various hurricanes and cold weather events impacting Texas and Louisiana.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The physical impacts of climate change can negatively impact our facilities and operations. Potential physical impacts of climate change include increased frequency and severity of hurricanes and floods as well as freezing conditions, tornadoes, and global sea level rise.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“A number of our facilities are located on the U.S. Gulf Coast, which has been impacted by hurricanes that have required us to temporarily shut down operations at those sites.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Our sites rely on rivers and other waterways for transportation that may experience restrictions in times of drought or other unseasonal weather variation. In addition, scarcity of water and drought conditions could reduce the availability of fresh water needed to produce our products which could increase our costs of operations.”
Annual report 2025A · The company itself
Chains out: this weakens Agriculture and food production
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“In addition, producers in natural gas cost-advantaged regions, such as the Middle East and North America, benefit from the lower prices of natural gas and NGLs. Competition from producers in these regions may cause us to reduce exports from Europe and elsewhere. Any such reductions may increase competition for product sales within Europe and other markets, which can result in lower margins in those regions.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Our ability to source raw materials or deliver products may be adversely affected by political instability, civil disturbances or other governmental actions. We obtain a portion of our principal raw materials from sources in the Middle East and Central and South America that may be less politically stable than other areas in which we conduct business. Political instability, civil disturbances and actions by governments in these areas are more likely to substantially increase the price and decrease the supply of raw materials necessary for our operations or impair our ability to deliver products to customers, which could have a material adverse effect on our results of operations.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Incidents of civil unrest, including terrorist attacks and demonstrations that have been marked by violence, have occurred in a number of countries, including in the Middle East and South America. Some political regimes in these countries are threatened or have changed as a result of such unrest. Political instability and civil unrest could continue to spread in the region and involve other areas.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“We operate internationally and are subject to the risks of doing business on a global level. These risks include fluctuations in currency exchange rates, economic instability and disruptions, restrictions on the transfer of funds and the imposition of trade restrictions or duties and tariffs, and complex regulations concerning privacy and data security.”
Annual report 2025A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
EU climate and energy policy
Regulation
DriverNegative impact: weakens
“New or revised governmental regulations and independent studies relating to the effect of our products on health, safety and the environment may affect demand for our products and the cost of producing our products. Initiatives by governments and private interest groups will potentially result in increased toxicological testing and risk assessments of a wide variety of chemicals, including chemicals used or produced by us. New or revised legislation or regulations could result in additional use restrictions and/or bans of certain chemicals.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“For example, in the EU, the European Commission is expected to continue to develop and implement legislative changes to the EU regulatory frameworks for chemicals including the Regulation on Registration, Evaluation, Authorization and Restriction of Chemicals (“REACH”), and the Classification, Labelling and Packaging Regulation (“CLP”) that could result in increased compliance costs, additional restrictions, and/or bans of chemicals used or produced by us.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The European Union has been undertaking a series of actions under its Circular Economy Action Plan, including adoption of the Single Use Plastics Directive in 2019, which introduced policy measures for single use plastics including bans, product design requirements, extended producer responsibility obligations, and labeling requirements, and adoption of the Packaging and Packaging Waste Regulation to replace the Packaging and Packaging Waste Directive. In addition, a host of single-use plastic bans, taxes and Extended Producer Responsibility (“EPR”) bills have been passed by countries around the world and states and municipalities throughout the U.S.”
Annual report 2025A · The company itself
Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency
Automotive
End markets
DriverNegative impact: weakens
“Sustained unfavorable market conditions may also result in asset impairments. For example, in the third quarter of 2025, a prolonged downturn in, and outlook for, the European petrochemical and global automotive industries, combined with the sustained decline in our market capitalization, resulted in non-cash impairment charges of $1,182 million, presented in both Goodwill impairments and Other impairments on the Consolidated Statements of Income (Loss).”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Economic downturns in the businesses and geographic areas in which we sell our products could substantially reduce demand for our products and result in decreased sales volumes and increased credit risk. Recessionary environments adversely affect our business because demand for our products is reduced, particularly from our customers in industrial markets generally and the automotive and housing industries specifically and may result in higher costs of capital.”
Annual report 2025A · The company itself
Electricity
Raw materials and inputs
InputNegative impact: weakens
“We purchase large quantities of natural gas, electricity and steam which we use as energy to fuel our facilities and purchase large quantities of natural gas liquids and crude oil derivatives which we use as feedstocks.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“For some of our raw materials and utilities there are a limited number of suppliers, and in some cases, the supplies are specific to the particular geographic region in which a facility is located. It is also common in the chemical industry for a facility to have a sole, dedicated source for its utilities, such as steam, electricity and gas. Having a sole or limited number of suppliers may limit our negotiating power, particularly in the case of rising raw material costs.”
Annual report 2025A · The company itself
Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion
Europe
Geography
DriverNegative impact: weakens
“Sustained unfavorable market conditions may also result in asset impairments. For example, in the third quarter of 2025, a prolonged downturn in, and outlook for, the European petrochemical and global automotive industries, combined with the sustained decline in our market capitalization, resulted in non-cash impairment charges of $1,182 million, presented in both Goodwill impairments and Other impairments on the Consolidated Statements of Income (Loss).”
Annual report 2025A · The company itself
Geography
“A significant portion of our revenues are derived from our business in Europe.”
Annual report 2025A · The company itself
Interest rates
Macro
DriverNegative impact: weakens
“We require significant capital to operate our current business and fund our dividends, share repurchases, and growth strategy. Moreover, interest payments, dividends, capital requirements of our joint ventures, the expansion of our current business or other business opportunities may require significant amounts of capital.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“If we need external financing, our access to credit markets and pricing of our capital is dependent upon our credit ratings and the state of the capital markets generally. There can be no assurances that we would be able to incur indebtedness on terms we deem acceptable, and it is possible that the cost of any financings could increase significantly, thereby increasing our expenses and decreasing our net income.”
Annual report 2025A · The company itself
Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction
Packaging regulation and deposit schemes
Regulation
DriverNegative impact: weakens
“The European Union has been undertaking a series of actions under its Circular Economy Action Plan, including adoption of the Single Use Plastics Directive in 2019, which introduced policy measures for single use plastics including bans, product design requirements, extended producer responsibility obligations, and labeling requirements, and adoption of the Packaging and Packaging Waste Regulation to replace the Packaging and Packaging Waste Directive. In addition, a host of single-use plastic bans, taxes and Extended Producer Responsibility (“EPR”) bills have been passed by countries around the world and states and municipalities throughout the U.S.”
Annual report 2025A · The company itself
Asia and emerging markets
Geography
DriverNegative impact: weakens
“Any broad-based downturn in these emerging markets, or in a key market such as China, could require us to reduce export volumes into these markets and could also require us to divert product sales to less profitable markets.”
Annual report 2025A · The company itself
Geography
“We also derive significant revenues from our business in emerging markets, particularly the emerging markets in Asia and South America.”
Annual report 2025A · The company itself
Currency exposure
Macro
DriverNegative impact: weakens
“We operate internationally and are subject to the risks of doing business on a global level. These risks include fluctuations in currency exchange rates, economic instability and disruptions, restrictions on the transfer of funds and the imposition of trade restrictions or duties and tariffs, and complex regulations concerning privacy and data security.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“We generate revenues from export sales and operations that may be denominated in currencies other than the relevant functional currency. Exchange rates between these currencies and functional currencies in recent years have fluctuated significantly and may do so in the future.”
Annual report 2025A · The company itself
Water
Raw materials and inputs
DriverNegative impact: weakens
“Our sites rely on rivers and other waterways for transportation that may experience restrictions in times of drought or other unseasonal weather variation. In addition, scarcity of water and drought conditions could reduce the availability of fresh water needed to produce our products which could increase our costs of operations.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Additionally, there is concern over the reliability of water sources, including around the U.S. Gulf Coast where several of our facilities are located. The decreased availability or less favorable pricing for water as a result of population growth, drought or regulation could negatively impact our operations, including by impacting our ability to produce or transport our products.”
Annual report 2025A · The company itself
AI regulation
Regulation
DriverNegative impact: weakens
“In addition, the complex and dynamic regulatory environment surrounding artificial intelligence (“AI”), including generative AI, subjects us to a variety of risks. These risks include, but are not limited to, data privacy and security vulnerabilities, intellectual property patent, copyright, and misappropriation claims, unauthorized third-party usage of data associated with training models, and malicious use and advanced deceitful communication methods.”
Annual report 2025A · The company itself
Artificial intelligence
Technology
DriverNegative impact: weakens
“In addition, the complex and dynamic regulatory environment surrounding artificial intelligence (“AI”), including generative AI, subjects us to a variety of risks. These risks include, but are not limited to, data privacy and security vulnerabilities, intellectual property patent, copyright, and misappropriation claims, unauthorized third-party usage of data associated with training models, and malicious use and advanced deceitful communication methods.”
Annual report 2025A · The company itself
Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry
Chemicals and specialty chemicals
Raw materials and inputs
DriverNegative impact: weakens
“Such concerns and additional requirements could also increase the cost incurred by our customers to use our chemical products and otherwise limit the use of these products, which could lead to a decrease in demand for these products. Such a decrease in demand could have an adverse impact on our business and results of operations.”
Annual report 2025A · The company itself
China
Geography
DriverNegative impact: weakens
“Any broad-based downturn in these emerging markets, or in a key market such as China, could require us to reduce export volumes into these markets and could also require us to divert product sales to less profitable markets.”
Annual report 2025A · The company itself
Cyber attacks and IT security risk
Macro
DriverNegative impact: weakens
“Increased global information cybersecurity threats and more sophisticated, targeted computer crime pose a risk to the confidentiality, availability and integrity of our data, operations and infrastructure. Our cybersecurity and infrastructure protection technologies, disaster recovery plans and systems, employee training and vendor risk management may not be sufficient to defend us against all unauthorized attempts to access our information or impact our systems.”
Annual report 2025A · The company itself
Chains out: this strengthens Cybersecurity (products and services)
Inflation
Macro
DriverNegative impact: weakens
“Table of Contents Cost increases for raw materials, energy, or broad-based price inflation also increase working capital needs, which could reduce our liquidity and cash flow.”
Annual report 2025A · The company itself
Chains out: this weakens Consumer spending, strengthens Interest rates
Insurance premiums and reinsurance
Raw materials and inputs
InputNegative impact: weakens
“We maintain property, business interruption, product, general liability, casualty and other types of insurance that we believe are appropriate for our business and operations as well as in line with industry practices. However, we are not fully insured against all potential hazards incident to our business, including losses resulting from natural disasters or climate-related exposures, wars, terrorist acts, or cybersecurity incidents.”
Annual report 2025A · The company itself
Tariffs and trade policy
Macro
DriverNegative impact: weakens
“Trade protection measures such as tariffs, quotas, duties, safeguard measures or anti-dumping duties imposed in the countries in which we operate could negatively impact our business.”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Chains out: this weakens Global trade volumes
United States
Geography
DriverNegative impact: weakens
“A number of our facilities are located on the U.S. Gulf Coast, which has been impacted by hurricanes that have required us to temporarily shut down operations at those sites.”
Annual report 2025A · The company itself
Chains in: USD vs DKK/EUR mixed effect
USD vs DKK/EUR
Macro
DriverMixed impact: mixed
“In general, the pricing for purchases and sales of most products is determined by global market forces, including the impacts of foreign exchange rates relative to the pricing of the underlying raw materials, most of which are priced in U.S. dollars.”
Annual report 2025A · The company itself
Chains out: this mixed effect United States
Latin America
Geography
Geography
“We also derive significant revenues from our business in emerging markets, particularly the emerging markets in Asia and South America.”
Annual report 2025A · The company itself
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 30.15 bn USD |
| Revenue growth vs. the year before, same method | -9.7 % |
| EBITDA reported by the company | 0.97 bn USD |
| Net debt debt incl. leasing minus cash | 10.38 bn USD |
| Diluted EPS per share | -2.34 USD |
Source: 10-K (SEC) A. See the report
Criteria
| Profit | ✗ |
| Growing | ✗ |
| Healthy balance sheet | ✗ |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (USD), not converted to DKK. Quotes are shown as the company's own words in English.