LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, announced on 5 March that it has signed definitive agreements to expand in China through a 50-50 joint venture with the Liaoning Bora Enterprise Group (Bora). On 5 September 2019, LyondellBasell and Bora first signed a Memorandum of Understanding and announced their […]

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has signed a Memorandum of Understanding (MoU) to form a 50-50 joint venture (JV) with China Petroleum & Chemical Corporation (Sinopec), one of the largest integrated energy and chemical companies in China. Under the non-binding MoU, the JV will construct a new […]

LyondellBasell, one of the largest plastics, chemicals, and refining companies in the world announced that it has signed a Memorandum of Understanding (MoU) to expand in China through a joint venture (JV) with the Liaoning Bora Enterprise Group (Bora). “China is the largest, fastest-growing market in the world for our core products,” said Bob Patel, […]

Neste, the world’s largest producer of renewable diesel fuel from waste and residues, and LyondellBasell, one of the largest plastics, chemicals, and refining companies in the world, jointly announced 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 […]

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, announced it has ended discussions with Odebrecht S.A. concerning the potential acquisition of Braskem, the only integrated petrochemical company in Brazil. Brazilian construction conglomerate Odebrecht S.A. is the controlling shareholder of São Paulo-based Braskem. “The combination of LyondellBasell and Braskem is compelling […]

LyondellBasell, one of the world’s largest plastics, chemicals and refining companies, officially broke ground on 22 August on what will be the largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant ever built. The Houston area project is estimated to cost USD 2.4 billion, representing the single-largest capital investment in the company’s history. Once in operation, the plant will […]

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has introduced a new global brand and tagline, “LyondellBasell: Advancing Possible.” Designed to communicate the many ways LyondellBasell technology, products and materials are critical to advancing solutions across nearly every sector of the global economy, the introduction of Advancing Possible coincides with the 10-year anniversary […]

LyondellBasell, one of the world’s largest plastics, chemicals and refining companies, has announced the final investment decision to build the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston, Texas, U.S.A. area. The project is estimated to cost approximately USD2.4 billion, representing the single-largest capital investment in the company’s history. […]

Dutch chemical giant LyondellBasell said it is advancing its plans to build the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area. This project, considered to be the largest of its kind, is expected to create up to 2,500 construction jobs and approximately 100 permanent positions. “We are moving forward in a […]