高盛第届特殊材料论坛.ppt

Safe Harbor Language Lyondell Has Built a Balanced Portfolio Leading Positions in All Key Products Significant Cash and Earnings Generation in Up-Cycle A Brief Portfolio Review ICD LCR Equistar Our Propylene Oxide and Derivatives Business (ICD) Benefits from a Strong Position 2003 MTBE Legislative Activity LCR Important Cash Generator Equistar is a Leading Ethylene Producer #2 in North America Competitive position based on feedstock flexibility The Oil/Gas Price Ratio has Moved in Favorof Liquid Feedstock Both The Overall Ethylene Margin and the Naphtha Advantage Have Increased Significantly