LyondellBasell Quickly Advances Towards its 2030 Global Renewable Electricity Target
ROTTERDAM, Netherlands and HOUSTON, Feb. 2, 2023 /PRNewswire/ -- LyondellBasell announced today it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs inthe United States. The combined additional contracts represent a total of approxima...
LyondellBasell Selects Executive Vice President of People and Culture
HOUSTON, Jan. 16, 2023 /PRNewswire/ -- LyondellBasell today announced it has selectedTrisha Conley as its Executive Vice President, People and Culture. Trisha will be a member of the company's Executive Committee and will assume the role onFeb. 1, 2023. She will lead LyondellBasell's vision and s...
LyondellBasell Increases Greenhouse Gas Emissions Reduction Targets, Includes Scope 3
HOUSTON and LONDON, Dec. 16, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, today announced it will increase the company's 2030 greenhouse gas (GHG) emissions reduction target for scope 1 and scope 2 emissions from 30 percent to 42 percent, relative to ...
LyondellBasell Forms Joint Venture to Build Plastic Waste Sorting and Recycling Facility and Plans to Build Advanced Recycling Plant
ROTTERDAM, Netherlands, Oct. 11, 2022 /PRNewswire/ -- LyondellBasell and 23 Oaks Investments, Leiferde/Lower Saxony,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 inGermany. Usi...
LyondellBasell Catalyst Production Expansion Adds Life to Infrastructure Projects
FRANKFURT, Germany, Oct. 4, 2022 /PRNewswire/ -- LyondellBasell today announces the start-up of a new catalyst production plant at itsFrankfurt, Germany, site. This announcement directly correlates to investments in infrastructure projects, increased demand for polymers by a growing population, p...
LyondellBasell Postpones Restart of Berre, France Cracker until Next Year
HOUSTON and BERRE, France, Sept. 29, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the ethylene cracker at its integrated olefins and polyolefins production site in Berre,France will not restart until early 2023. The chemical company's French ethylene cracker was damaged by a fi...
LyondellBasell Announces Organizational Changes
HOUSTON and LONDON, Sept. 27, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announces organizational changes to increase value from existing assets and targeted growth opportunities while accelerating the development of our circular and low carbon solutions to meet increasing market deman...
LyondellBasell Named to the FTSE4Good Index
HOUSTON and LONDON, Sept. 20, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, today announced it has been named to the FTSE4Good Index Series. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure ...
LyondellBasell Achieves Renewable Energy Milestone
HOUSTON, July 28, 2022 /PRNewswire/ -- LyondellBasell today announced it has made another step forward in its journey to net zero greenhouse gas (GHG) emissions. The company signed two additional long-term renewable electricity power purchase agreements (PPA) with Buckeye Partners for a total of ...
LyondellBasell Announces Renewable Energy Power Purchase Agreements
HOUSTON, June 29, 2022 /PRNewswire/ -- LyondellBasell has signed its first two U.S. power purchase agreements (PPA) supporting the company's climate goal to procure a minimum of 50 percent of electricity from renewable sources by 2030. The combined agreements represent 216 megawatts (MW) of renew...
LyondellBasell details path to 2030 in 2021 sustainability report
HOUSTON and ROTTERDAM, Netherlands, April 12, 2022 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the publication of its 2021 sustainability report: "Future Focused." The report details the company's ambitions to help end plastic waste in the environment, address climate change and s...
LyondellBasell Appoints Peter Vanacker as Chief Executive Officer
Kenneth Lane, Executive Vice President, Global Olefins & Polyolefins, Will Serve as Interim CEO During Transition Period HOUSTON and LONDON, Dec. 13, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that the Board of Directors has appointedPeter Vanacker, President and CEO of Nest...
LyondellBasell Announces Goal of Achieving Net Zero Emissions by 2050
Company announces a 30 percent absolute reduction in emissions and a goal of 50 percent of electricity from renewable energy by 2030 HOUSTON and LONDON, Sept. 29, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced its ambition of, and approach to, achieving net zero emissions from g...
LyondellBasell Volunteers Focus Global Care Day Activities on Sustainability
Community service projects inspired by World Cleanup Day HOUSTON, Sept. 21, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) volunteers across the globe took action as part of their commitment to sustainability during the 22nd annual Global Care Day, a company-wide day of service for employees an...
LyondellBasell Announces Retirement of Chief Executive Officer
Bob Patel to Continue to Serve in His Role Through 2021 Board Forms Search Committee to Identify a Successor HOUSTON and LONDON, Aug. 25, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that Chief Executive OfficerBhavesh V. (Bob) Patel intends to retire from the Company as ofDec...
LyondellBasell announces acquisition of PolyPacific Polymers Sdn. Bhd. in Malaysia
HOUSTON and HONG KONG, June 30, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced it has acquired 100 percent of PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang,Malaysia. PPM is a 25kt manufacturing fa...
/C O R R E C T I O N -- LyondellBasell Industries/
In the news release, LyondellBasell Announces Startup of 400,000 KTA / year South Korean Joint Venture Facility, issued08-Jun-2021 by LyondellBasell Industries over PR Newswire, we are advised by the company that the headline should read "LyondellBasell Announces Startup of 400 KTA / year South K...
LyondellBasell starts commercial production of polymers using raw material derived from plastic waste
WESSELING, Germany, May 6, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced another step towards its ambition to advance the circular economy by making virgin quality polymers from raw materials derived from plastic waste at its Wesseling,Germany, site. Produced by the thermal con...
LyondellBasell Launches Family of Circulen Products to Advance Circular Solutions
ROTTERDAM, The Netherlands, April 12, 2021 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced the launch of a suite of products under the name Circulen enabling brand owners to improve the sustainability of consumer products. This announcement marks the next step in LyondellBasell deliveri...
LyondellBasell joins the United Nations Global Compact
HOUSTON, Dec. 10, 2020 /PRNewswire/ -- LyondellBasell (NYSE: LYB) one of the world's largest plastics, chemicals and refining companies today announced it has joined the United Nations (U.N.) Global Compact, the world's largest corporate sustainability initiative. Under the U.N. Global Compact, s...
