LyondellBasell Industries N.V. (LYB) Q1 2023 Earnings Call Transcript

LyondellBasell Industries N.V. (NYSE:LYB) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET

Company Participants

David Kinney - Head, Investor Relations

Peter Vanacker - Chief Executive Officer

Michael McMurray - Chief Financial Officer

Ken Lane - Executive Vice President, Global Olefins & Polyolefins

Kim Foley - Executive Vice President, Intermediates & Derivatives & Refining

Torkel Rhenman - Executive Vice President, Advanced Polymer Solutions

Conference Call Participants

Steve Byrne - Bank of America

Jeff Zekauskas - JPMorgan

Mike Sison - Wells Fargo

Duffy Fischer - Goldman Sachs

Josh Spector - UBS

David Begleiter - Deutsche Bank

Aleksey Yefremov - KeyBanc Capital Markets

Vincent Andrews - Morgan Stanley

Matthew Skowronski - Credit Suisse

Kevin McCarthy - Vertical Research Partners

Arun Viswanathan - RBC Capital Markets

Matthew Blair - TPH

Hassan Ahmed - Alembic Global

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 and 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 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 May 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 13735436.