LyondellBasell Industries N.V. (LYB) Q4 2022 Earnings Call Transcript

LyondellBasell Industries N.V. (NYSE:LYB) Q4 2022 Results Conference Call February 3, 2023 11:00 AM ET

Company Participants

David Kinney - Head, IR

Peter Vanacker - CEO

Michael McMurray - CFO

Kenneth Lane - EVP, Global Olefins and Polyolefins

Kimberly Foley - EVP, Intermediates & Derivatives & Refining

Torkel Rhenman - EVP, Advanced Polymer Solutions

Conference Call Participants

P.J. Juvekar - Citi

Steve Byrne - Bank of America

Christopher Parkinson - Mizuho Securities

Bhavesh Lodaya - BMO Capital Markets

Jeff Zekauskas - JP Morgan

Frank Mitsch - Fermium Research

Vincent Andrews - Morgan Stanley

Duffy Fischer - Goldman Sachs

Kevin McCarthy - Vertical Research Partners

David Begleiter - Deutsche Bank

Operator

Hello, and welcome to the LyondellBasell Teleconference. At the request of LyondellBasell, this conference is being recorded for instant replay purposes. [Operator Instructions]

I would now like to turn the conference over to Mr. David Kinney, Head of Investor Relations. Sir, you may begin.

David Kinney

Thank you, operator. Before we begin the discussion, I would like to point out that a slide presentation accompanies today's call is available on our website at www.lyondellbasell.com/investorrelations. Today, we will be discussing our business results while making reference to some forward-looking statements and non-GAAP financial measures. We believe the forward-looking statements are based upon reasonable assumptions and the alternative measures are useful to investors.

Nonetheless, the forward-looking statements are subject to significant risk and uncertainty. We encourage you to learn more about the factors that could lead our actual results to differ by reviewing the cautionary statements in the presentation slides and our regulatory filings, which are also available on our Investor Relations website.

Comments made on this call will be in regard to our underlying business results using non-GAAP financial measures such as EBITDA and earnings per share, excluding identified items. Additional documents on our Investor website provide reconciliations of the non-GAAP financial measures to GAAP financial measures, together with other disclosures, including the earnings release and our business results discussion.

A recording of this call will be available by telephone beginning at 1:00 p.m. Eastern Time today until March 3 by calling (877) 660-6853 in the United States and (201) 612-7415 outside the United States. The access code for both numbers is 13734290.

Joining today's call will be Peter Vanacker, LyondellBasell's Chief Executive Officer; our CFO, Michael McMurray; Ken Lane, our Executive Vice President of Global Olefins and Polyolefins; Kim Foley, our EVP of Intermediates and Derivatives and Refining; and Torkel Rhenman, our EVP of Advanced Polymer Solutions.