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LyondellBasell is a global petrochemical leader focused on sustainability and innovation in chemical production.
LyondellBasell Industries N.V. is a global leader in the petrochemical industry, involved in producing polyolefins, intermediates, and refined products through its integrated manufacturing facilities. The company operates across the entire petrochemical value chain, converting liquid and gaseous hydrocarbon feedstocks into a wide array of chemical products essential for everyday applications such as packaging, automotive components, and paints. Alongside its chemical and plastics segments, LyondellBasell also has a refining segment that processes crude oil into gasoline and other valuable products, thereby enhancing the robustness of its business model.
In 2023, LyondellBasell introduced a new strategic framework focused on sustainability and growth. This involves restructuring their business portfolio, emphasizing Circular & Low Carbon Solutions, and fostering a culture of continuous improvement. By harnessing its legacy in technology, operational excellence, and favorable feedstock dynamics, the company seeks to position itself as a leader in sustainable materials and capitalize on emerging market trends in recycled and renewable plastics.
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