Company Overview

LyondellBasell Industries N.V. stands as one of the world's premier chemical manufacturers, operating at the intersection of innovation and industrial scale. As the largest licensor of polyethylene and polypropylene technologies globally, the company plays a fundamental role in modern manufacturing, producing the polymers and chemicals that form the backbone of countless everyday products. With U.S. operations headquartered in Houston, Texas, and incorporated in the Netherlands, LyondellBasell employs approximately 20,000 people worldwide and generates annual revenues exceeding $40 billion.

The company's product portfolio spans the entire value chain of plastics and chemicals manufacturing. As one of the world's largest producers of polymers and plastic resins—including polyethylene, polypropylene, and various specialized compounds—LyondellBasell supplies critical materials to industries ranging from automotive and construction to electronics and food packaging. Beyond polymers, the company produces essential chemicals including ethylene, propylene, and oxyfuels, which serve as intermediate products linking raw materials to finished goods. This comprehensive offering positions LyondellBasell as an indispensable partner to manufacturers globally.

LyondellBasell's technology leadership distinguishes it in the competitive chemicals industry. The company offers an unmatched portfolio of polyolefin process technologies for producing both low-density and high-density polyethylene, a breadth of capabilities unique among PE licensors. This technological expertise not only drives the company's own production but also generates significant licensing revenue as manufacturers worldwide adopt LyondellBasell's proven processes. The company's commitment to innovation extends to sustainability, where it has pioneered circular solutions including CirculenRenew products with certified renewable content.

The company's strategic evolution reflects its adaptive approach to market dynamics. LyondellBasell has undertaken significant portfolio optimization in recent years, including the 2024 acquisition of APK AG to enhance recycling technology capabilities and the planned 2026 divestment of select European assets to AEQUITA. The company achieved an improved CDP climate change score of A in 2024 and safely completed the shutdown of its Houston refinery in early 2025, reducing annual Scope 3 emissions by approximately 40 million metric tons. With a market capitalization of approximately $14 billion and operations spanning North America, Europe, and Asia, LyondellBasell continues to shape the future of sustainable chemicals manufacturing while delivering value to customers, shareholders, and communities worldwide.

Founded
2007
Headquarters
Houston, Texas, United States

The LyondellBasell Story

Founded in 2007
Houston, Texas, United States
Founded by Basell Polyolefins (acquirer), Lyondell Chemical Company (acquired)

Founders

Basell Polyolefins (acquirer)Lyondell Chemical Company (acquired)
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LyondellBasell is recognized as a market leader in the Manufacturing sector, demonstrating strong industry presence and customer trust.

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