LyondellBasell Industries NV - Company Profile
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LyondellBasell Industries NV (LyondellBasell) is a chemical company. It manufactures and sells plastics, petrochemicals, and basic chemicals. The company also refines crude oil to convert into refined products such as diesel, gasoline, and jet fuel. Its major chemical products include polyolefins and polypropylene compounds, propylene oxide, polyethylene, ethylene, and propylene. LyondellBasell also develops and licenses polyolefin process technologies and provides associated engineering services. The company’s products and technologies are used to manufacture a range of products in various sectors including food packaging, automotive components, home furnishings and construction materials. The company operates in major markets including the US, Hong Kong, Argentina, Brazil, China, India, and the UAE. LyondellBasell is headquartered in London, the UK.
LyondellBasell Industries NV premium industry data and analytics
Products and Services
Products | Services |
---|---|
Benzene | Distribution Services |
Butadiene | Technology Services |
Fuels | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Divestiture | In May, the company sold its Ethylene Oxide & Derivatives business and associated production facility in Bayport, Texas, the US to INEOS. |
2024 | Contracts/Agreements | In April, the company signed a power purchase agreement with Encavis Asset Management to win 208 megawatts (MW) of renewable electricity generation capacity from the solar park in Bartow, Germany. |
2024 | Contracts/Agreements | In April, the company entered into a land lease agreement with YNCORIS GmbH & Co KG to construct a plastic waste recycling hub in Knapsack, Germany. |
Competitor Comparison
Key Parameters | LyondellBasell Industries NV | Westlake Corp | Borealis AG | DuPont de Nemours Inc | Chevron Phillips Chemical Co LLC |
---|---|---|---|---|---|
Headquarters | United Kingdom | United States of America | Austria | United States of America | United States of America |
City | London | Houston | Vienna | Wilmington | The Woodlands |
State/Province | Greater London | Texas | Wien | Delaware | Texas |
No. of Employees | 20,000 | 15,520 | 7,649 | 24,000 | 5,000 |
Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jacques Aigrain | Chairman | Executive Board | 2018 | 68 |
Peter Vanacker | Chief Executive Officer; Director | Executive Board | 2022 | 57 |
Michael C. McMurray | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 58 |
Kenneth Lane | Executive Vice President - Global Olefins & Polyolefins | Senior Management | 2022 | 54 |
Yvonne van der Laan | Executive Vice President - Circular and Low Carbon Solutions | Senior Management | 2022 | 51 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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