NYSE: LYB
Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Chemicals · Petrochemicals
LyondellBasell Industries
LyondellBasell is one of the world's largest plastics, chemicals, and refining companies, headquartered in Houston.
LyondellBasell Industries N.V. is one of the largest plastics, chemicals, and refining companies in the world. Headquartered in Houston, the company produces polymers, chemicals, and fuels that are integral to the global economy. LyondellBasell is the world's largest producer of polypropylene and one of the leading producers of polyethylene, two of the most widely used plastics.
Headquarters
Houston, TX
Founded
2007
Employees
19,000+
Revenue
$41 billion (2023)
CEO
Peter Vanacker
Website
lyondellbasell.comLyondellBasell was formed in 2007 when the Dutch company Basell Polyolefins acquired Lyondell Chemical Company. The combined company filed for Chapter 11 bankruptcy in 2009 during the financial crisis but emerged in 2010 and has since thrived. The company's Houston refinery is one of the largest in the US.
LyondellBasell operates in six segments: Olefins & Polyolefins Americas, Olefins & Polyolefins Europe/Asia, Intermediates & Derivatives, Advanced Polymer Solutions, Refining, and Technology. The company operates the Houston Refinery (268,000 bpd capacity) and numerous chemical plants worldwide.
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