LyondellBasell Industries N.V (LYB) Q3 2022 Earnings Call Transcript

LyondellBasell Industries N.V (NYSE:LYB) Q3 2022 Results Conference Call October 28, 2022 11:00 AM ET

Company Participants

David Kinney - Head of IR

Peter Vanacker - CEO

Michael McMurray - CFO

Ken Lane - Executive Vice President, Global Olefins and Polyolefins

Kim Foley - EVP of Intermediates, Derivatives and Refining

Torkel Rhenman - Executive Vice President, Advanced Polymer Solutions

Conference Call Participants

Steve Byrne - Bank of America

P.J. Juvekar - Citi

Arun Viswanathan - RBC Capital Markets

Josh Spector - UBS

Jeff Zekauskas - JPMorgan

Aleksey Yefremov - KeyBanc Capital Markets

Vincent Andrews - Morgan Stanley

David Begleiter - Deutsche Bank

Mike Sison - Wells Fargo

Kevin McCarthy - Vertical Research Partners

Mike Leithead - Barclays

Frank Mitsch - Fermium Research

Operator

Hello, and welcome to the LyondellBasell Teleconference. At the request of LyondellBasell, this conference is being recorded for instant replay purposes. Following today’s presentation we will conduct the question and answer session.

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, Melissa. Before we begin the discussion, I would like to point out that a slide presentation accompanies today's call and is available on our website at 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 documentation on our investor website provides reconciliations of non-GAAP financial measures to GAAP financial measures, together with other disclosures, including the earnings release, in our business results discussion.

A recording of this call will be available by telephone beginning at 1:00 p.m. Eastern time today until November 28 by calling (877) 660-6853 in the United States; and (201) 612-7415 outside the United States. The access code for both numbers is 13732141.