LyondellBasell Industries N.V. (NYSE:LYB) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET

Corporate Participants

David Kinney - Head, IR
Peter Vanacker - Chief Executive Officer
Michael McMurray - Chief Financial Officer
Kim Foley - EVP, Intermediates, Derivatives & Refining
Aaron Ledet - EVP, Intermediates and Derivatives
Torkel Rhenman - EVP, Advanced Polymer Solutions

Conference Call Participants

Steve Byrne - Bank of America
Matthew Blair - TPH
Frank Mitsch - Fermium Research
John Roberts - Mizuho Securities
David Begleiter - Deutsche Bank
Kevin McCarthy - Vertical Research Partners
Chris Perrella - UBS
Hassan Ahmed - Alembic Global
Vincent Andrews - Morgan Stanley

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 a 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, operator, and welcome everyone to today's call. Before we begin the discussion, I would like to point out that a slide presentation accompanies the 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 can 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.

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

During today's call, we will focus on second quarter results as well as updates on our long-term strategy. We will also discuss current market dynamics and our near-term outlook.