July 31 (Reuters) - Lyondellbasell Industries N.v ( LYB ):

* LYONDELLBASELL: ESTIMATE 6 MILLION TONS OF POLYETHYLENE

CAPACITY, OR 20%-25% OF MIDDLE EAST SUPPLY, WAS DAMAGED & WILL

NOT RESTART BEFORE 2027- CONF CALL

* LYONDELLBASELL CEO: MIDDLE EAST CONFLICT HAS SEVERELY

DISRUPTED GLOBAL PETROCHEMICAL OPERATIONS, FEEDSTOCK SUPPLY,

LOGISTICS & TRADE FLOWS - CONF CALL

* LYONDELLBASELL: CONFLICT-DRIVEN PRICE VOLATILITY & HIGHER

ASIAN FREIGHT RATES CLOSED ARBITRAGE, BOOSTING U.S. & EUROPEAN

PETROCHEMICAL MATERIAL DEMAND

* LYONDELLBASELL: MEAST CONFLICT CUT CHINESE POLYOLEFIN

INVENTORIES ABOUT 30% FROM PRE-CONFLICT LEVELS; OPERATING RATES

REMAIN IN MID-70% RANGE

* LYONDELLBASELL:CHINESE PRODUCERS CUT IMPORTS,RAISED

EXPORTS TO SOUTHEAST ASIA DESPITE LOWER OPERATING RATES, CITING

HIGHER PRICES ®IONAL SHORTAGES

* LYONDELLBASELL: 2026 SUSTAINING CAPEX TO DECREASE ABOUT

$100 MILLION FOLLOWING DIVESTITURE OF 4 EUROPEAN ASSETS

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