$LYB

UBS reduced its price target on LyondellBasell (LYB) to $41 from $43, maintaining a Sell rating. The firm cited weak markets in its research note.

LyondellBasell Industries (LYB) has a 'Moderate Buy' consensus rating among 21 analysts, with a mean price target of $69.30, an 8.8% premium over current levels. Sentiment on the stock remains bullish.

LyondellBasell Industries N.V. Cl A (LYB) shares rose 2.21% to $65.08 on Monday, marking its fourth straight day of gains, while the broader market declined. The S&P 500 and Dow Jones fell 0.33% and 0.70%, respectively.

ExxonMobil, LyondellBasell, Apollo, and Kuwait Petroleum Corp. are reportedly bidding for Shell's chemical assets, valued up to $8 billion. Shell is evaluating offers, though discussions are preliminary. Separately, local projects in Warren, Ohio, include an $11.5 million museum and a $2.4 million pedestrian bridge.

Shell is receiving bids for its US petrochemical business, potentially worth $8 billion, from rivals like LyondellBasell and ExxonMobil, as well as private equity firms. The sale may include Shell's ethylene and polyethylene complex in Pennsylvania and other sites. LyondellBasell has a history of acquiring new plants at lower prices, while ExxonMobil is already in related businesses. Kuwait Petroleum may be interested in Shell's ethylene oxide derivatives.

ExxonMobil and LyondellBasell are among bidders for Shell's U.S. chemical assets, which could be sold for $8 billion. The assets include plants in Louisiana, Texas, and Pennsylvania. Bids were submitted last month, ranging from full to partial acquisitions, according to the Financial Times.

LYB has installed two pyrolysis reactors at its MoReTec chemical recycling facility in Germany. The reactors convert hard-to-recycle plastics into pyrolysis oil and gas for new polymers, with a plastic-to-plastic yield exceeding 80%. The facility, set to operate in 2026, uses renewable-electric heating to reduce its carbon footprint. LYB aims to provide recycled content for applications like food packaging.

Shell (NYSE:SHEL) may sell its U.S. chemicals business for up to $8B, with ExxonMobil (XOM) and LyondellBasell (LYB) among potential buyers. The sale aligns with CEO Wael Sawan's strategy to focus on higher-return sectors like oil, gas, and LNG. Shell's Q2 2026 net profit was $9.84B, with net debt at $41.8B. The move could reinforce Shell's focus but risks undervaluing long-term chemicals demand.

Shell is exploring the sale of its U.S. chemicals assets, valued at up to $8 billion, with ExxonMobil, LyondellBasell, Apollo, and Kuwait Petroleum Corporation reportedly interested. The assets include four sites and a major Pennsylvania plant where Shell invested $14 billion. Shell's CEO Wael Sawan aims to divest underperforming assets, and the sale process is ongoing. European chemicals assets may also be sold, though for less.

Shell is attracting interest from ExxonMobil, LyondellBasell, Apollo Global, and Kuwait Petroleum for its US chemicals business, according to the Financial Times. The assets could fetch up to $8 billion, a discount to Shell's investment. Interested parties submitted non-binding offers last month. Shell declined to comment.