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LyondellBasell Industries NV (BSP:L1YB34) Research & Development : R$634 Mil (TTM As of Mar. 2024)


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What is LyondellBasell Industries NV Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. LyondellBasell Industries NV's Research & Development for the three months ended in Mar. 2024 was R$159 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was R$634 Mil.


LyondellBasell Industries NV Research & Development Historical Data

The historical data trend for LyondellBasell Industries NV's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LyondellBasell Industries NV Research & Development Chart

LyondellBasell Industries NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 455.60 581.35 701.21 650.43 636.97

LyondellBasell Industries NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.88 155.32 153.10 166.59 159.35

LyondellBasell Industries NV Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$634 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LyondellBasell Industries NV  (BSP:L1YB34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


LyondellBasell Industries NV Research & Development Related Terms

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LyondellBasell Industries NV (BSP:L1YB34) Business Description

Traded in Other Exchanges
Address
Delftseplein 27E, 4th Floor, Rotterdam, ZH, NLD, 3013 AA
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production come from its North American operations.

LyondellBasell Industries NV (BSP:L1YB34) Headlines

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