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LyondellBasell Industries (NYSE: LYB) — Company Overview, News & Financial Data

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Company profile

LyondellBasell Industries

LyondellBasell Industries is a global chemical company that manufactures plastics, petrochemicals, and fuel products. The company operates across multiple business segments, producing polyolefins, ethylene, propylene, propylene oxide, and specialized polymer compounds. Its products serve diverse end markets including flexible and rigid packaging, automotive components, building materials, healthcare supplies, and transportation fuels. Additionally, the business licenses proprietary polyolefin process technologies and manufactures specialized chemical catalysts used by industrial operators worldwide. The company maintains manufacturing plants, research facilities, and joint ventures across North America, Europe, Asia-Pacific, and the Middle East.

Snapshot

Public USOwnership
1985Year founded
~19,000Employees
Houston, United StatesHead office
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Global footprint

Operations

Products and/or services of LyondellBasell Industries

  • Olefins and Polyolefins Americas: Manufactures and markets ethylene, propylene, polyethylene, polypropylene, and ethylene oxide derivatives across major production complexes in North and South America, serving high-volume applications in flexible packaging, consumer goods, construction materials, and industrial container systems.
  • Olefins and Polyolefins International: Produces ethylene, propylene, polyethylene, and polypropylene through integrated manufacturing facilities and strategic joint ventures across Europe, the Middle East, and Asia-Pacific, supplying regional markets with resins for packaging, pipe, and agriculture.
  • Intermediates and Derivatives: Manufactures propylene oxide, styrene monomer, tertiary butyl alcohol, acetyls, and ethylene glycol at large-scale chemical facilities, providing chemical building blocks for polyurethanes, building insulation, coatings, automotive parts, and specialized industrial fluids.
  • Advanced Polymer Solutions: Formulates customized polyolefin compounds, engineered plastics, masterbatches, color concentrates, and engineered composites utilized in automotive components, medical devices, electrical appliances, consumer products, and specialized industrial applications across worldwide markets.
  • Refining and Fuels: Processes crude oil into refined products, including transportation fuels, ultra-low sulfur diesel, gasoline blending components, and oxygenated fuel ethers like methyl tertiary butyl ether designed to improve combustion efficiency and lower vehicle emissions.
  • Technology: Licenses proprietary chemical and polyolefin production process technologies, including gas-phase and polypropylene process platforms, while manufacturing and distributing specialized chemical catalysts essential for commercial polymer manufacturing facilities operated by global chemical companies.

LyondellBasell Industries executive team

  • Mr. Peter Z. E. VanackerCEO & Executive Director
  • Mr. Jeffrey A. Kaplan J.D.Executive VP & General Counsel
  • Mr. Torkel RhenmanExecutive Vice President of Advanced Polymer Solutions
  • Ms. Kimberly A. FoleyExecutive Vice President of Global Olefins & Polyolefins
  • Mr. Agustin IzquierdoExecutive VP & CFO
  • Mr. Matthew D. HayesSenior VP & Chief Accounting Officer
  • Mr. David KinneyHead of Investor Relations
  • Ms. Trisha ConleyExecutive Vice President of People & Culture
  • Mr. James D. GuilfoyleSenior VP of Olefins & Polyolefins - Europe, Africa, Middle East and India
  • Mr. Dale FriedrichsExecutive Vice President of Operational Excellence & HSE