LyondellBasell

A net income of 573 million dollars and Ebitda of 1.2 billion dollars for LyondellBasell in the third quarter of 2024. In North America, integrated polyethylene margins increased, driven by favorable ethane and natural gas costs coupled with higher polyethylene prices. September year-to-date market demand...

LyondellBasell is investing in a new closed-loop preparation centre in Lich, Germany, for transforming plastic waste into high-quality feedstock for high-performance materials, supporting the circular economy and contributing to industry sustainability goals. The closed-loop preparation centre supports...

LyondellBasell announced changes to its executive committee, which will be effective starting on March 1, 2024. Kimberly (Kim) Foley will assume the role of executive vice president, Global Olefins & Polyolefins (O&P), Refining and Supply Chain, and Aaron Ledet has been promoted to the role of executive vice president, Intermediates and…

To drive the global chemical industry on a path to net-zero emissions by 2050, the Low-Carbon Emitting Technologies (LCET) initiative, incubated and hosted by the World Economic Forum for more than three years, has now officially launched as the independent Global Impact Coalition...

LyondellBasell announced it has acquired a 50% stake in Stiphout Industries. Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity equivalent to...

LyondellBasell and Mepol Group announced they have entered into a definitive agreement for LyondellBasell to acquire Mepol Group, manufacturer of recycled, high-performing technical compounds located in Italy and Poland, consisting of Mepol and its subsidiaries Polar and Industrial Technology Investments Poland.

LyondellBasell and 23 Oaks Investments, Leiferde (Germany), signed an agreement to create Source One Plastics, a joint venture that will build an energy efficient, advanced plastic waste sorting and recycling facility in Germany. Using renewable energy from wind and biomass, the new unit is designed to...

According to an agreement launched earlier this year, and also presented at the recent 2022 edition of Mecspe (Bologna Fiere, June 9-11), is now distributing Trinseo TPE in Italy, Spain, Portugal and North Africa. Specifically, the partnership covers Trinseo TPE solutions such as styrenic block copolymers...

LyondellBasell has made the decision to cease operations at its two office locations in Russia. As a result, the offices in Moscow and Togliatti have begun winding down operations. The offices were primarily involved in selling polymers from its O&P and APS businesses. Both offices employ a combined 18 employees...

LyondellBasell announced Peter Vanacker will assume his role as the company's chief executive officer on May 23, 2022. The company's Board of Directors appointed Vanacker to the position in December 2021. Vanacker brings more than...

CirculenRevive polymers developed by LyondelBasell are made using an advanced recycling process to convert plastic waste into feedstock, which is used to produce new polymers, using a mass balance approach. With the support of Greiner Packaging, these polymers will be used to make coffee capsules for...

The Board of Directors of LyondellBasell has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Vanacker succeeds Bhavesh V. Patel, who will retire from the company on December 31, 2021, as previously announced...