Propylene oxide news

Q1: Net sales $9.8B (-6%); volumes -2%; local price -7%. GAAP loss $445M; operating EBIT $154M. Cash from ops $1.1B aided by NOVA payment. Sadara equity loss recognition suspended.

PO11 unit closure due to overcapacity, high costs, and imports. LYB and Covestro focus on strategic assets and maintain customer relations. Shutdown by 2026.

Closure due to global overcapacity, high costs, and weak demand. LYB to safely shut down by 2026. Commitment to European market and ongoing customer support remain.

New PnBs enhance industrial coatings and home care, boosting efficiency and reducing solvent needs. European production strengthens market position amid global challenges.

A 2,700-ton/year propylene oxide unit using eco-friendly HPPOa technology is under construction, with plans for a larger industrial unit and hydrogen peroxide production in the future.

The world's largest HPPO plant is now operational, offering significant economic and environmental benefits, including reduced wastewater, lower energy usage, and simplified raw material integration.