Jeff Auxier Comments on LyondellBasell

- By Holly LaFon

LyondellBasell (LYB) was able to deliver double digit revenue and earnings growth despite Hurricane Harvey affecting each of their major US Gulf Coast sites. Even after the impact of increasing feedstock prices and production outages, they were able to produce 13% more ethylene across their global system compared to the previous year. LyondellBasell also plans to build the world's largest propylene oxide and tertiary butyl alcohol plant in Houston in the second half of 2018.

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• LYB 15-Year Financial Data

• The intrinsic value of LYB

• Peter Lynch Chart of LYB

From Jeff Auxier (Trades, Portfolio)'s fourth quarter 2018 shareholder letter.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 3 Warning Signs with MRK. Click here to check it out.

• LYB 15-Year Financial Data

• The intrinsic value of LYB

• Peter Lynch Chart of LYB