LYB lays foundation for first industrial-scale advanced recycling plant at Wesseling, Germany site

Catalytic pyrolysis unit in heart of Europe to bolster sustainable growth, value creation

23-Sep-2024 - LyondellBasell (LYB) advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site. German Chancellor Scholz and Minister-President Wüst attended the celebrations, underscoring the ...

Chemical Giants Revealed

The ICIS Top 100 Chemical Companies

17-Sep-2024 - ICIS has announced the ICIS Top 100 Chemical Companies, a global ranking of the leading chemical producers worldwide based on 2023 sales. Germany-based BASF is again the world's largest chemical company, with sales of$76.1 billionin 2023, down 21.1% year on year. Rounding out the Top 5 ...

Net-zero chemicals industry initiative relaunches as the Global Impact Coalition

The CEO-led chemical industry initiative, incubated by the World Economic Forum, has been relaunched

05-Dec-2023 - To drive the global chemical industry on a path to net-zero emissions by 2050, the Low-Carbon Emitting Technologies (LCET) initiative, incubated and hosted by the World Economic Forum for more than three years, has now officially launched as the independent Global Impact Coalition. With a suite ...

LyondellBasell and LEGO holding invest in APK to develop recycling technology

14-Feb-2023 - LyondellBasell and KIRKBI A/S, the family-owned holding and investment company of the LEGO® brand, announce they have signed an agreement to make an investment in APK, which specializes in a unique solvent-based recycling technology for low density polyethylene (LDPE). APK aims to increase the ...

LyondellBasell Forms Joint Venture to Build Plastic Waste Sorting and Recycling Facility and Plans to Build Advanced Recycling Plant

13-Oct-2022 - LyondellBasell and 23 Oaks Investments, Leiferde/Lower Saxony, Germany, signed an agreement to create Source One Plastics, a joint venture that will build an energy efficient, advanced plastic waste sorting and recycling facility in Germany. Using renewable energy from wind and biomass, the new ...

LyondellBasell Appoints Peter Vanacker as Chief Executive Officer

Kenneth Lane, Executive Vice President, Global Olefins & Polyolefins, Will Serve as Interim CEO During Transition Period

15-Dec-2021 - LyondellBasell announced that the Board of Directors has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Mr. Vanacker succeeds Bhavesh V. "Bob" Patel, who will retire from the Company on December 31, 2021, as previously announced. Mr. Vanacker ...

LyondellBasell Successfully Starts Up New Pilot Molecular Recycling Facility

Company completes next step towards an industrial scale conversion of plastic waste into feedstock

10-Sep-2020 - LyondellBasell announced the successful start-up of its MoReTec molecular recycling facility at its Ferrara, Italy, site. LyondellBasell's proprietary MoReTec advanced recycling technology aims to return post-consumer plastic waste to its molecular form for use as a feedstock for new plastic ...

LyondellBasell Announces Construction of New Small-Scale Molecular Recycling Facility

17-Oct-2019 - LyondellBasell announced that it is building a new small-scale pilot facility at its Ferrara, Italy site moving another step closer to converting post-consumer plastic waste into new plastics on a commercial scale. The company selected its Ferrara site for the pilot facility due to its long ...

Bio-based plastic on commercial scale for the first time

LyondellBasell and Neste announce commercial-scale production of bio-based plastic from renewable materials

20-Jun-2019 - LyondellBasell and Neste jointly announce the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale. The joint project used Neste's renewable hydrocarbons derived from sustainable bio-based raw materials, such as waste and residue oils. ...

LyondellBasell takes leadership role in global effort to end plastic waste

LyondellBasell, Proctor & Gamble and Veolia to lead global alliance

17-Jan-2019 - LyondellBasell, one of the largest plastics, chemicals and refining companies in the world announced CEO Bob Patel has joined with Proctor & Gamble CEO David Taylor and Veolia CEO Antoine Frérot in leading the newly announced global Alliance to End Plastic Waste(AEPW). The AEPW is the first-ever ...