Lyondellbasell Industries Nv · NYSE:LYB

Lyondellbasell Industries Nv — Q2 2013 Earnings Presentation

13 slides from Lyondellbasell Industries Nv's earnings presentation, Jul 26, 2013

  1. Slide 1: Second-Quarter 2013 Earnings

    Exhibit 99.2 S E I Z E T H E M O M E N T S ECURING THE FUTURE July 26, 2013 Second-Quarter 2013 Earnings Jim Gallogly, Chief Executive Officer Karyn Ovelmen, Chief Financial Officer Sergey Vasnetsov, SVP - Strategic Planning and Transactions Doug Pike, VP - Investor Relations

  2. Slide 2: Cautionary Statement

    Cautionary Statement The information in this presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings, business strategies, competitive position or other aspects of our operations or operating results. Actual outcomes and resu

  3. Slide 3: Information Related to Financial Measures

    Information Related to Financial Measures We have included EBITDA in this presentation, which is a non-GAAP measure, as we believe that EBITDA is a measure commonly used by investors. However, EBITDA, as presented herein, may not be comparable to a similarly titled measure reported by other companie

  4. Slide 4: Highlights

    Highlights ($ in millions, except per share data) 2Q'13 1Q'13 2Q'12 EBITDA(1) $1,652 $1,585 $1,727 Income from Continuing Operations(1) $923 $906 $768 Diluted Earnings ($ / share) from Continuing Operations $1.60 $1.56 $1.33 EPS Growth vs. Q1’13: 3% EPS Growth vs. Q2’12: 20% ($ in millions) EBITDA (

  5. Slide 5: LyondellBasell Safety Performance

    LyondellBasell Safety Performance Injuries per 200,000 Hours Worked(1) 0.5 0.4 0.3 0.2 0.1 0.0 2009 2010 2011 2012 1H 2013 • Sustained safety results through Q2 1) Includes employees and contractors. lyondellbasell.com 5

  6. Slide 6: Second Quarter 2013 and Last-Twelve-Months (LTM) Segment EBITDA

    Second Quarter 2013 and Last-Twelve-Months (LTM) Segment EBITDA Q2’13 EBITDA LTM June EBITDA $1,652 million $6,091 million Q2’13 Operating Income LTM Operating Income $1,364 million $4,918 million ($ in millions) ($ in millions) $1000 $3,750 Second Quarter 2013 EBITDA June 2013 LTM EBITDA 800 3,000

  7. Slide 7: Cash Flow

    Cash Flow ($ in millions) Second Quarter 2013 LTM June 2013 $5,000 $7,500 4,000 6,000 3,000 4,500 2,000 3,000 $2,879 $3,233 $3,233 1,000 1,500 $1,950 0 (1) (3) 0 Q2'13 CF from Working (2) Capex Dividends & Other Q2'13 Ending (1) Q3'12 (1) CF from Working (2) Capex (3) Dividends & Other Q2'13 (1) Beg

  8. Slide 8: Working Capital and Key Financial Statistics

    Working Capital and Key Financial Statistics Working Capital(1) Key Statistics ($ in billions) $8 Snapshot at June 30, 2013 LTM FCF: $4.1 billion LTM Capex: $1.4 billion $6 Cash: $3.2 billion Total Debt/LTM EBITDA: 0.7x $4 Total Debt/Book Capital: 27% $2 $0 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 ($2) ($4) To

  9. Slide 9: Olefins & Polyolefins - Americas Highlights and Business Drivers - 2Q'13

    Olefins & Polyolefins - Americas Highlights and Business Drivers - 2Q’13 EBITDA(1) Performance vs. 1Q’13 ($ in millions) EBITDA Margin Volume $1000 U.S. Olefins • Above 100% of nameplate capacity 800 • Higher spot sales volume 600 Polyethylene • Volumes flat 400 • Spread up 4¢/lb 200 Polypropylene (

  10. Slide 10: Olefins & Polyolefins - Europe, Asia, International Highlights and Business Drivers - 2Q'13

    Olefins & Polyolefins - Europe, Asia, International Highlights and Business Drivers - 2Q’13 EBITDA Performance vs. 1Q’13 ($ in millions) EBITDA Margin Volume $400 EU Olefins • Margin expansion – LPG cracking and naphtha volatility 300 • Operating rate ~ 92% Polyethylene 200 • Volumes up ~ 9% • Sprea

  11. Slide 11: Intermediates & Derivatives Highlights and Business Drivers - 2Q'13

    Intermediates & Derivatives Highlights and Business Drivers - 2Q’13 EBITDA Performance vs. 1Q’13 ($ in millions) EBITDA Margin Volume $500 Propylene Oxide and Derivatives • Turnaround impacts 400 • Weaker butanediol margins • Lower deicer sales Intermediates 300 • Stronger Acetyls and EO/EG volumes

  12. Slide 12: Refining Highlights and Business Drivers - 2Q'13

    Refining Highlights and Business Drivers - 2Q’13 EBITDA Performance vs. 1Q’13 ($ in millions) EBITDA Margin Volume $200 Houston Refinery • Crude throughput: 265 MBPD 160 • Maya 2-1-1: $18.49 bbl • RINs cost up $22 million 120 80 40 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 Refining Spreads (per Platts)(1) Refin

  13. Slide 13: Second-Quarter Summary and Outlook

    Second-Quarter Summary and Outlook Second-Quarter Summary Near-Term Outlook – Record O&P – Americas results – Midwest olefin/polyolefin plant turnaround in Q3 • Continued U.S. NGL advantage – Intermediates and Derivatives have – Europe olefins and polyolefins completed turnarounds margins expansion

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