LyondellBasell Industries Holdings B.V.

Company Overview

LyondellBasell deals in materials designed for health, agriculture, infrastructure, sports & leisure, transportation, and packaging applications. They are consistently engaged in developing high-quality chemicals, fuels, polymers, and technologies. LyondellBasell also has a strong presence across the petrochemical value chain. The plastics and chemical products offered by the company are utilized across automotive components, food packaging, paint & coatings, and home furnishings. Its refining business entails processing crude oil into refined products, including distillates and gasoline. It also develops and licenses polyolefin and chemical process technologies and markets polyolefin catalysts. Key product segments offered by the company include Olefins & Polyolefins - Americas, Olefins & Polyolefins (O&P) - Europe, Asia, International (EAI), Intermediates & Derivatives (I&D), APS, Refining, Technology and others. O&P - Americas and O&P - EAI are involved in offering P.E. and PP.

As of 31 December 2023, LyondellBasell was the largest producer of PP and P.E. in Europe and the second-largest PP producer globally. The company also was the second-largest producer of propylene oxide (PO).

Financial Highlights (FY 2024)

Company's Business Segments

• Olefins and Polyolefins-America (O&P-Americas) : This segment produces and markets olefins and co-products, polyethylene, and polypropylene.
• Olefins and Polyolefins-Europe, Asia, International (O&P-EA) : This segment produces and markets olefins and co-products, polyethylene, and polypropylene.
• Intermediates and Derivatives (I&D) : This segment produces and markets propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomer, acetyls, ethylene oxide, and ethylene glycol.
• Advanced Polymer Solutions (APS) : This segment produces and markets compounding and solutions, such as polypropylene compounds, engineered plastics, masterbatches, composites, colors, and powders.
• Refining : This segment segment refines heavy, high-sulfur crude oil and other crude oils of varied types and sources available on the U.S. Gulf Coast into refined products, including gasoline and distillates.
• Technology : This segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.