LYB to Acquire APK AG Recycling Technology
Expands Company's Technology Portfolio and Circular Hub * Acquisition increases LYB Circular and Low Carbon Solutions Business and diversification of innovative recycling technologies * Transaction encompasses existing assets and planned growth projects ROTTERDAM, Netherlands, Aug. 22, 2024 /...
LYB Expands Core PP Business with 35% Stake in NATPET from Alujain in Saudi Arabia
HOUSTON and RIYADH, Saudi Arabia, May 30, 2024 /PRNewswire/ -- LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain. The joint venture is...
LyondellBasell Adds New South East European Distribution Hub for Improved Customer Experience
ROTTERDAM, Netherlands, May 16, 2024 /PRNewswire/ -- LyondellBasell, a global leader in the chemical industry, is proud to announce the establishment of a new distribution hub inHungary for its polyolefins grades. This move is part of our ongoing commitment, also illustrated by the opening of the...
LyondellBasell Weighs Strategic Options for European Assets
HOUSTON and LONDON, May 8, 2024 /PRNewswire/ -- LyondellBasell today announced the formal launch of a strategic review of the European assets of its Olefins & Polyolefins and Intermediates & Derivatives business units. The assessment will evaluate the assets through the lens of the company's stra...
LYB to build integrated plastic waste recycling hub in Knapsack
WESSELING, Germany, April 29, 2024 /PRNewswire/ -- LyondellBasell (LYB) has secured a location for an integrated plastic waste recycling hub south of an existing industrial park in Knapsack,Germany, signing a land lease agreement with YNCORIS GmbH & Co. KG. The hub is planned to combine various a...
LyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report
HOUSTON and ROTTERDAM, Netherlands, April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability. The publication offers an in-depth review of the company's progress over the last year toward establishing itself as an i...
LyondellBasell to exhibit at NPE2024: The Plastics Show
HOUSTON, March 27, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a global leader in the production of plastics, chemicals, specialty compounds and circular solutions, today announced its participation in the upcoming NPE2024: The Plastics Show scheduled to take place from May 6 to May 10, 2024...
LyondellBasell Announces Executive Committee Changes
HOUSTON and LONDON, Feb. 20, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced changes to its executive committee, effectiveMarch 1, 2024. Kimberly (Kim) Foley will assume the role of executive vice president, Global Olefins & Polyolefins (O&P), Refining and Supply Chain, andAaron L...
LYB Enters into Agreement to Acquire 35% of Saudi Arabia-based NATPET; Expands Core PP Business
* Technology-enabled JV increases LYB access to advantaged feedstocks and attractive markets * Transaction encompasses existing assets and planned growth projects HOUSTON andRIYADH, Saudi Arabia, Jan. 16, 2024 /PRNewswire/ -- LyondellBasell (LYB) today announced it entered into an agreement t...
LyondellBasell to Build Industrial-scale Advanced Recycling Plant in Germany
HOUSTON, Nov. 20, 2023 /PRNewswire/ -- LyondellBasell (LYB) today announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling,Germany, site. Using LyondellBasell's proprietary MoReTec technolog...
LyondellBasell Demonstrates Commitment to Sustainability with Launch of +LC (Low Carbon) Solutions
HOUSTON, Sept. 26, 2023 /PRNewswire/ -- LyondellBasell today announced the expansion of its sustainable offerings with the launch of its+LC (Low Carbon) solutions, a new range of Intermediates and Derivatives (I&D) chemicals produced under an International Sustainability and Carbon Certification ...
LyondellBasell Named in U.S. News & World Report's 2023-2024 Best Companies to Work For List
HOUSTON and LONDON, Sept. 7, 2023 /PRNewswire/ -- LyondellBasell today announced it has been named as one of theBest Companies to Work For in the U.S. News & World Report 2023-2024 rankings. LyondellBasell was compared to 200 companies and was evaluated based on how well the company met expectati...
LyondellBasell to Host MoReTec Technology Webinar on September 26, 2023
HOUSTON and LONDON, Sept. 6, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) will host aMoReTec Technology Webinar on Tuesday, September 26 from 8 a.m – 9 a.m. CDT. Jim Seward, executive vice president and chief innovation officer and Yvonne van der Laan, executive vice president, Circular and Lo...
LyondellBasell Awarded the 2023 Global Medical Plastics Company of the Year by Frost & Sullivan
LyondellBasell is among the top three global polyolefin manufacturers in terms of capacity and sustainable solutions, catering to multiple industries, including pharmaceuticals and medical devices. SAN ANTONIO, Aug. 10, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the medical plasti...
LyondellBasell Recognized as ESG Leader
HOUSTON and ROTTERDAM, Netherlands, July 20, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced it received a rating of AA, on a scale of CCC to AAA, in the MSCI ESG Ratings Assessment and is now part of the 'leader' category. The new rating is an improvement from the 'A' status Lyo...
LyondellBasell Acquires 50% Share in Dutch Recycling Company
ROTTERDAM, Netherlands, July 19, 2023 /PRNewswire/ -- LyondellBasell today announced it has acquired a 50% stake in Stiphout Industries B.V. ("Stiphout"). Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montf...
New Joint Venture to Boost Circularity of Secondary Plastic Packaging
ROTTERDAM, Netherlands and HOHENWESTEDT, Germany, June 16, 2023 /PRNewswire/ -- LyondellBasell and AFA Nord, a leading recycler of agricultural film, have agreed to create a 50:50 joint venture that intends to recycle post commercial flexible secondary packaging waste. The joint venture company, ...
LyondellBasell Details Accelerated Momentum in 2022 Sustainability Report
HOUSTON and ROTTERDAM, Netherlands, April 25, 2023 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled,Unlocking Possibilities. The publication offers an in-depth review of the company's 2022 sustainability performance, focused on progress toward en...
LyondellBasell and EEW sign LOI for potential advanced waste sorting
ROTTERDAM, Netherlands and HELMSTEDT, Germany, March 27, 2023 /PRNewswire/ -- LyondellBasell, a global leader in the chemical industry, and EEW Energy from Waste, a leading company in thermal waste treatment inEurope recently signed a letter of intent (LOI). The LOI includes exploring a potential...
LyondellBasell and KIRKBI invest in APK to develop recycling technology
ROTTERDAM, Netherlands and BILLUND, Denmark and MERSEBURG, Germany, Feb. 8, 2023 /PRNewswire/ -- Today, LyondellBasell (NYSE: LYB), a global leader in the chemical industry and KIRKBI A/S, the family-owned holding and investment company of the LEGO® brand, announce they have signed an agreement t...
