LyondellBasell Industries NV - Company Profile
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LyondellBasell Industries NV (LyondellBasell) is a chemical company. It manufactures and sells plastics, petrochemicals, and basic chemicals. The company also refines crude oil to convert into refined products such as diesel, gasoline, and jet fuel. Its major chemical products include polyolefins and polypropylene compounds, propylene oxide, polyethylene, ethylene, and propylene. LyondellBasell also develops and licenses polyolefin process technologies and provides associated engineering services. The company’s products and technologies are used to manufacture a range of products in various sectors including food packaging, automotive components, home furnishings and construction materials. The company operates in major markets including the US, Hong Kong, Argentina, Brazil, China, India, and the UAE. LyondellBasell is headquartered in London, the UK.
Headquarters
United Kingdom
Address
4th Floor, One Vine Street, London, Greater London, W1J0AH
Website
www.lyondellbasell.com
Telephone
1 713 3097200
No of Employees
20,000
Industry
Chemicals
Ticker Symbol & Exchange
LYB (NYSE)
Revenue (2022)
$41.1B
-18.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-45.5%
(2022 vs 2021)
Market Cap*
$32.4B
Net Profit Margin (2022)
XYZ
-33.1%
(2022 vs 2021)
* As of and is in US$
LyondellBasell Industries NV premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Benzene | Distribution Services |
| Butadiene | Technology Services |
| Fuels | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company signed a power purchase agreement with Encavis Asset Management to win 208 megawatts (MW) of renewable electricity generation capacity from the solar park in Bartow, Germany. |
| 2024 | Contracts/Agreements | In March, the company's LyondellBasell Spheripol and Hostalen Advanced Cascade Process technologies were selected by Inner Mongolia Rongxin for its new facility in China. |
| 2024 | Contracts/Agreements | In February, the company signed 10-year power purchase agreements with Renewable Power Capital for the electricity produced from two onshore wind farms in Sweden. |
Competitor Comparison
| Key Parameters | LyondellBasell Industries NV | Chevron Phillips Chemical Co LLC | Westlake Corp | Borealis AG | DuPont de Nemours Inc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United States of America | Austria | United States of America |
| City | London | The Woodlands | Houston | Vienna | Wilmington |
| State/Province | Greater London | Texas | Texas | Wien | Delaware |
| No. of Employees | 20,000 | 5,000 | 15,520 | 7,649 | 24,000 |
| Entity Type | Public | Private | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jacques Aigrain | Chairman | Executive Board | 2018 | 68 |
| Peter Vanacker | Chief Executive Officer; Director | Executive Board | 2022 | 57 |
| Michael C. McMurray | Executive Vice President; Chief Financial Officer | Senior Management | 2019 | 58 |
| Jean Gadbois | Senior Vice President - Europe, Asia & International Manufacturing | Senior Management | 2015 | - |
| James Seward | Chief Innovation Officer; Executive Vice President | Senior Management | 2022 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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