LyondellBasell Industries N.V. (LYB): restructuring charge — LyondellBasell agrees to sell four European O&P sites to AEQUITA; expects $700-900M loss

LyondellBasell Industries N.V.

LYB signs put option with AEQUITA to sell assets at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), Berre (France).
Base purchase price €167M, adjusted to nominal; LYB contributes €265M pre-close; earn-out up to €100M.
Expected loss on sale $700-900M plus $100-150M in other costs before close.
Closing expected first half 2026, subject to works council consultations and regulatory approvals.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

LyondellBasell Industries N.V. announced a restructuring with charges of approximately $700 million to $900 million affecting Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France).

Type: restructuring
Charge: approximately $700 million to $900 million
Affected area: Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France)

Exact text from the filing

LYB expects to recognize a loss on sale estimated to be approximately $700 million to $900 million.

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Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

LyondellBasell Industries N.V. announced a impairment affecting Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France).

Type: impairment
Affected area: Olefins & Polyolefins-Europe, Asia, International (O&P-EAI) segment, including facilities at Carrington (UK), Tarragona (Spain), Münchsmünster (Germany), and Berre (France)

Exact text from the filing

All other long-lived assets of the Target Group have been fully impaired as of June 2025.

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LyondellBasell Industries N.V. filing history →

Source: SEC EDGAR

accession 0001489393-25-000033

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