---
schema_version: "secwatch.filing_event.v1"
accession: "0001489393-23-000008"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:38:14.029021+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# LyondellBasell realigns segments; expects $250-300M APS goodwill impairment in Q1 2023

## Summary
- Moved Catalloy and polybutene-1 from APS to O&P-Americas and O&P-EAI segments effective Jan 1, 2023.
- Non-cash goodwill impairment charge of $250M to $300M expected in APS segment in Q1 2023.
- Segment change has no impact on previously reported consolidated financial statements.
- Portion of APS goodwill allocated to O&P-Americas and O&P-EAI based on relative fair values.
- Move allows APS team to focus on compounding and solutions; supports agile operating model.

## SEC filing metadata
- accession: 0001489393-23-000008
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000008/0001489393-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000148939323000008/lyb-20230307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489393-23-000008
- JSON: https://secwatch.observer/filing/0001489393-23-000008.json
- Plain text: https://secwatch.observer/filing/0001489393-23-000008.txt

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