LyondellBasell Industries NV is a multinational chemical company that specializes in the production of plastics, chemicals, and refining products. The company has a long and storied history, with its roots tracing back to the early 20th century. LyondellBasell was officially formed in 2007 through the merger of Lyondell Chemical Company and Basell Polyolefins.
LyondellBasell operates across the entire chemical value chain, from refining crude oil to producing a wide range of products, including polyethylene, polypropylene, and other advanced polymers. These products are used in various industries, including packaging, automotive, construction, and electronics, among others. The company is known for its advanced manufacturing processes and cutting-edge technologies that enable the production of high-performance materials.
LyondellBasell's specializes in polyethylene, which is one of the most widely used plastics in the world. The company is a leading global producer of polyethylene, offering a diverse portfolio of products with different properties to meet customer needs. Polyethylene is used in applications such as packaging films, bottles, containers, and pipes. LyondellBasell's expertise in polyethylene production has contributed to its strong market position and reputation.
LyondellBasell is listed on the New York Stock Exchange (NYSE) under the ticker symbol "LYB." The company's shares are also traded on the Euronext Amsterdam stock exchange. Its listing on these prestigious stock exchanges reflects its global presence and significance in the chemical industry.
Over the years, LyondellBasell has been recognized for its operational excellence, innovation, and commitment to safety. The company has implemented rigorous safety protocols to ensure the well-being of its employees and the communities in which it operates. Additionally, LyondellBasell has invested in research and development to drive innovation and develop sustainable solutions that address the evolving needs of its customers.