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Materials firms looking for better sales results in 2021 - Vimarsana News

Materials firms looking for better sales results in 2021

Materials firms looking for better sales results in 2021 Wikimedia Commons Materials makers LyondellBasell Industries, Celanese Corp. and Hexcel Corp. are looking for sales gains in 2021 after seeing pandemic-related declines in 2020. All three firms reported full-year financial results in the last week of January. Houston-based LyondellBasell, a major supplier of polypropylene, polyethylene and plastic compounds, saw full-year sales drop 20 percent to $27.7 billion. The firm's profit slid 58 percent to $1.43 billion. "During 2020, LyondellBasell demonstrated financial and operational resilie...