LyondellBasell Enters Material Agreement, Discloses Exit Costs

Ticker: LYB · Form: 8-K · Filed: 2025-06-05T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, exit-costs, disclosure

Related Tickers: LYB

TL;DR

LYB signed a big deal and is shedding some costs, filing details today.

AI Summary

LyondellBasell Industries N.V. announced on June 5, 2025, that it has entered into a material definitive agreement. The company also disclosed costs associated with exit or disposal activities and provided a Regulation FD disclosure. Specific details regarding the agreement, costs, and financial statements were filed as exhibits.

Why It Matters

This filing indicates significant strategic moves by LyondellBasell, potentially impacting its future operations, financial performance, and shareholder value.

Risk Assessment

Risk Level: medium — Material definitive agreements and exit costs can signal significant operational changes or financial restructuring, carrying inherent business risks.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement LyondellBasell entered into?

The filing indicates a material definitive agreement was entered into, but the specific details are provided in the exhibits.

What are the "Cost Associated with Exit or Disposal Activities" mentioned in the filing?

The filing mentions costs associated with exit or disposal activities, with further details likely contained within the filed exhibits.

What is the significance of the Regulation FD Disclosure?

A Regulation FD Disclosure is made to ensure that material non-public information is broadly disseminated to the public, preventing selective disclosure.

Where can the financial statements and exhibits be found?

The financial statements and exhibits are filed as part of this Form 8-K.

What is LyondellBasell's fiscal year end?

LyondellBasell's fiscal year ends on December 31.

From the Filing

0001489393-25-000033.txt : 20250605 0001489393-25-000033.hdr.sgml : 20250605 20250605060812 ACCESSION NUMBER: 0001489393-25-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250605 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Cost Associated with Exit or Disposal Activities ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250605 DATE AS OF CHANGE: 20250605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LyondellBasell Industries N.V. CENTRAL INDEX KEY: 0001489393 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 980646235 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34726 FILM NUMBER: 251024974 BUSINESS ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77010 BUSINESS PHONE: 713-309-7603 MAIL ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77010 8-K 1 lyb-20250605.htm 8-K lyb-20250605 0001489393 False 0001489393 2025-06-05 2025-06-05 0001489393 country:GB 2025-06-05 2025-06-05 0001489393 country:NL 2025-06-05 2025-06-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549    ____________________________________________ FORM 8-K ____________________________________________  CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 5, 2025 ____________________________________________  LYONDELLBASELL INDUSTRIES N.V. (Exact name of registrant as specified in its charter)    ____________________________________________   Netherlands 001-34726 98-0646235 (State or other jurisdiction of incorporation) (Commission file number) (I.R.S. Employer Identification No.) 2800 Post Oak Blvd., 4th Floor, One Vine Street Suite 5100 London Delftseplein 27E Houston, Texas W1J0AH 3013AA Rotterdam USA 77056 United Kingdom Netherlands (Address of principal executive offices) (Zip code) (713) 309-7200 +44 (0) 207 220 2600 +31 (0) 10 275 5500 (Registrant’s telephone numbers, including area codes)   (Former name or former address, if changed since last report) _____________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange On Which Registered Ordinary Shares, €0.04 Par Value LYB New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ Item 1.01. Entry into a Material Definitive Agreement. On June 5, 2025, in connection with its previously announced strategic review of certain European assets within its Olefins & Polyolefins-Europe, Asia, Intern

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