---
schema_version: "secwatch.filing_event.v1"
accession: "0001489393-22-000003"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2022-01-28T23:59:59+00:00"
generated_at: "2026-06-27T14:09:21.006693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LyondellBasell reports record FY2021 EBITDA of $9.3B ex-items; $624M refinery impairment

## Summary
- FY2021 net income $5.6B ($16.75/share); adjusted net $6.1B ($18.19/share); record cash from ops $7.6B.
- Q4 net income $726M ($2.18/share); includes $624M non-cash impairment on Houston refinery (pre-tax).
- Reduced long-term debt by $4B in 2021; returned ~$2B to shareholders via dividends ($4.44/share) and buybacks.
- FY2021 EBITDA $8.7B; record $9.3B excluding LCM/impairment; O&P Americas and Technology segments posted record annual EBITDA.
- Outlook: expects continued demand strength; new CEO Peter Vanacker to join in H2 2022; no further debt reduction planned.

## SEC filing metadata
- accession: 0001489393-22-000003
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2022-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000148939322000003/0001489393-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000148939322000003/lyb-20220125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489393-22-000003
- JSON: https://secwatch.observer/filing/0001489393-22-000003.json
- Plain text: https://secwatch.observer/filing/0001489393-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.