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LYB Sep 2024 70.000 put
| Previous close | 0.3900 |
| Open | 0.4000 |
| Bid | 0.2000 |
| Ask | 0.3000 |
| Strike | 70.00 |
| Expiry date | 2024-09-20 |
| Day's range | 0.3900 - 0.4100 |
| Contract range | N/A |
| Volume | |
| Open interest | 28 |
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ZacksLyondellBasell (LYB) Announces Review of European Operations
LyondellBasell (LYB) is conducting a strategic review of its European operations, focusing on reinvesting in high-return businesses.
- Reuters
UPDATE 1-LyondellBasell weighs strategic options for European assets
LyondellBasell said on Wednesday it has launched a strategic review of the European assets of two of its business units, sending shares of the petrochemical manufacturer over 2% higher in morning trade. "At the 2023 Capital Markets Day, we stated our intent to concentrate our portfolio around businesses with long-lasting competitive advantage and to reinvest around those advantaged areas generating superior returns at meaningful scale," said Peter Vanacker, CEO of LyondellBasell. The company said last year it was exploring strategic options for its U.S. Gulf Coast-based ethylene oxide and derivatives (EO&D) business.
