Equistar Chemicals LP
Electric cable insulation
Company Overview
LyondellBasell (LYB) is a global leader in the chemical industry, specializing in the development and supply of materials essential for everyday sustainable living. With a heritage of innovation dating back to 1954, LYB is committed to unlocking value for its customers, investors, and society by advancing solutions that accelerate progress towards a more sustainable future. The company operates globally, with a focus on ethical conduct, responsibility, and compliance with applicable laws and regulations.
Products and Solutions
LYB offers a diverse portfolio of high-quality chemicals, polymers, fuels, and technologies. Key products include polyethylene, polypropylene, various polypropylene compounds, and specialties like Catalloy and Polybutene-1. The company is a prominent producer of fuel ethers such as Methyl Tertiary Butyl Ether (MTBE) and Ethyl Tertiary Butyl Ether (ETBE), which contribute to improved air quality. LYB's innovative Circulen portfolio features recycled and renewable-based polymers, leveraging cutting-edge recycling technologies and bio-circular sourced options to support a circular and low-carbon economy. The Advanced Polymer Solutions (APS) business provides polymer compounding, masterbatches, and thermoset composites, catering to complex material challenges across various industries.
Industry Applications
LYB's materials and solutions serve a broad spectrum of industries. In packaging, they address sustainability, convenience, freshness, and brand identity through flexible, rigid, and bio-based film packaging solutions. For consumer goods and lifestyle, LYB materials are found in household appliances, food storage, and recreation equipment like kayaks, golf clubs, and playground equipment. The company also provides advanced solutions for healthcare and pharmaceuticals, including medical bags, prosthetics, and equipment components. In transportation, LYB enables enhanced safety, comfort, and convenience for passenger vehicles, aerospace, rail, and marine applications. Furthermore, its products support the agriculture industry with materials for greenhouse films, irrigation systems, and heavy machinery, and are critical for infrastructure development in water, energy, and communication systems.
Commitment to Sustainability and Innovation
LyondellBasell is dedicated to driving progress in sustainability, evidenced by its comprehensive approach structured around ending plastic waste, taking climate action, and supporting a thriving society. The company actively invests in research and development, expanding lab capabilities in technical centers globally to accelerate innovation in areas like lightweight plastics, flame-retardant technologies, and sustainable materials. LYB has achieved an improved CDP climate score of 'A' in 2024, reflecting its commitment to ESG leadership and transparent reporting. Collaborations with partners like Futamura Chemical, Iwatani Corporation, and Shiseido underscore its efforts to develop bio-based solutions and reduce product carbon footprints in various sectors.
