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LyondellBasell Industries N.V. operates in the basic materials sector, within the petrochemical and advanced materials industry.
The company was formed in 2007 through the merger of Lyondell Chemical Company and Basell Polyolefins, combining two global leaders in polymers and chemical products.
Its creation was driven by the objective of building a larger and more integrated organization with enhanced technological capacity to meet the growing global demand for petrochemical materials.
The company’s portfolio includes polyethylene, polypropylene, propylene oxide, chemical derivatives, fuels, engineered polymers and specialty materials used in packaging, construction, automotive, healthcare, electronics and consumer goods.
LyondellBasell also develops circular economy solutions, including chemical and mechanical recycling technologies, as part of its broader sustainability strategy.
With operations in more than 100 countries, the company manages industrial complexes, research centers and logistics facilities across Europe, the United States, Latin America and Asia. It is one of the world’s largest producers of polypropylene and polyethylene, maintaining strong global leadership in polyolefins.
The company operates in a market influenced by factors such as crude oil and natural gas prices, environmental regulations, global demand for plastics and chemicals, technological advancements and the increasing demand for sustainable materials.
LyondellBasell competes with major petrochemical companies such as Dow Inc., ExxonMobil Chemical, SABIC and INEOS. Its operational structure includes refineries, integrated petrochemical plants, recycling units and research and development laboratories.
With thousands of employees across its global operations, the company maintains an interconnected production system that ensures efficiency from raw materials to finished products.
LyondellBasell Industries N.V. is listed on the New York Stock Exchange (NYSE) under the ticker LYB.
History and When LyondellBasell Industries N.V. Was Founded
LyondellBasell Industries N.V. was established in 2007 following the merger of Lyondell Chemical Company in the United States and Basell Polyolefins, a subsidiary of Access Industries.
The combination of both companies created one of the largest petrochemical groups in the world, with highly integrated operations across global industrial regions.
In the initial years after the merger, the company faced challenges associated with the global financial crisis of 2008, which led to a financial restructuring process. LyondellBasell emerged from this period with a stronger capital structure and a renewed focus on asset optimization.
The company conducted its initial public offering (IPO) in 2010 on the New York Stock Exchange (NYSE), strengthening its market position and enabling new investments in technology and capacity expansion.
Throughout the 2010s, LyondellBasell expanded its presence in emerging markets, advanced polymer production technologies and invested in next-generation recycling initiatives.
Between 2020 and 2024, the company increased investments in sustainability, including carbon-reduction targets, expansion of chemical recycling capabilities and development of high-performance recycled materials.
The period also included modernization of industrial operations and adjustments to shifts in global demand for plastics and petrochemical derivatives.
LyondellBasell remains one of the leading global players in the petrochemical industry, supported by innovation, global scale and continuous investment in advanced material technologies.
Additional Information
The Company LyondellBasell Industries NV (United States), is listed on NYSE with a market value of $ 15.68 Billions, having an equity of $ 10.72 Billions.
With a total of 19.200 employees, the company is listed in the sector of Basic Materials and categorized in industry of Chemicals Manufacturing.
In the last 12 months the Company had a revenue of $ 40.29 Billions, which generated a loss in the amount of $ -1.20 Billion.
As for its main indicators, the Company has a P/E ratio of -13.06, a P/BV ratio of 1.46 and in the last 12 months the dividend yield of LYB was at 11.19%.
The Company is traded internationally through the ticker LYB.
