LYB · 10-Q · 2026Q3 · Full report

Automotive Demand Weakness

LyondellBasell Industries N.V. · 2026-10-30 · Importance 46 · Surprise 42

The filing describes weaker demand in the global automotive industry, which contributed to a $782 million APS impairment charge in the third quarter of 2025. In the third quarter of 2026, weaker automotive demand reduced APS EBITDA, and lower demand also weighed on technology-segment catalyst sales. Management also says the fourth quarter is expected to follow normal seasonal demand patterns amid ongoing supply uncertainty.

Key facts

• APS third-quarter 2026 revenue decreased 9% due to lower sales volumes from weaker demand, increased 3% due to higher prices from constrained supply, and decreased 1% due to unfavorable foreign exchange. source
• APS third-quarter 2026 EBITDA declined due to lower volumes driven by weaker automotive demand. source