---
schema_version: "secwatch.filing_event.v1"
accession: "0001489393-22-000018"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:33:56.237209+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LyondellBasell Q1 net income $1.3B, EBITDA $2.0B; plans to exit refining by end 2023

## Summary
- Net income of $1.3B, diluted EPS $4.00; EBITDA of $2.0B (strongest Q1 since 2015).
- Cash from operations $1.5B; returned $0.6B to shareholders via dividends and buybacks.
- Intermediates & Derivatives segment had record first quarter EBITDA.
- Announced plans to exit refining business by end of 2023.
- CEO succession: Peter Vanacker to join as CEO on May 23, replacing interim CEO Ken Lane.

## SEC filing metadata
- accession: 0001489393-22-000018
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000148939322000018/0001489393-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000148939322000018/lyb-20220429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489393-22-000018
- JSON: https://secwatch.observer/filing/0001489393-22-000018.json
- Plain text: https://secwatch.observer/filing/0001489393-22-000018.txt

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