2023 Annual Report: CEO letter
2023 Annual Report: CEO letter
In his letter to investors, CEO Peter Vanacker reflects on the accomplishments detailed in our 2023 annual report and how they’re set to shape future performance. Dear shareholders: It is with great pride in our global team that I present our company’s 2023 results. Against last year’s challenging market conditions, we stood firm in our commitment to safe operations, robust cash generation and disciplined capital allocation. In addition, we announced our new, value-focused strategy, aligned...
LYB honored by Houston Business Journal with 2024 DEI Award
LYB honored by Houston Business Journal with 2024 DEI Award
The Houston Business Journal has selected LyondellBasell (LYB) as one of its 2024 Diversity in Business Awards honorees. The Houston Business Journal Diversity in Business Awards program honors organizations and individuals who have shown exceptional commitment to promoting practices that advance diversity and inclusion in the workplace. The program also recognizes business leadership and those who bolster equality across all areas of diversity; including age, disability, gender, sexual...
Lake Charles sites support Krewe of the Golden Years Ball, honor traditions of Mardi Gras
Lake Charles sites support Krewe of the Golden Years Ball, honor traditions of Mardi Gras
LAKE CHARLES, LOUISIANA - The 2024 Mardi Gras season was full of excitement for LyondellBasell employees in Lake Charles this week as the sites joined local communities to celebrate and honor the heritage and traditions of Southwest Louisiana. Krewe of the Golden Years Ball LYB collaborated with the Calcasieu Council on Aging and the City of Lake Charles to host the Krewe of the Golden Years senior Mardi Gras event on Tuesday, Feb. 6. Over 500 attendees enjoyed the ball, including local mayor...
LYB hosts Queen Máxima of The Netherlands
LYB hosts Queen Máxima of The Netherlands
Queen Máxima of The Netherlands recently visited the LyondellBasell QCP recycling facility at Chemelot, in the south of The Netherlands. The March 5 th trip focused on how the chemical sector is making raw materials and production processes more sustainable and it is part of a series of royal visits by Queen Máxima in the field of sustainability and circularity. “It fills us with great pride to have such an amazing ambassador for the circular economy in The Netherlands,” said Raf Bemelmans,...
CirculenRecover: Delivering Sustainable Solutions to Reduce Plastic Waste
CirculenRecover: Delivering Sustainable Solutions to Reduce Plastic Waste
Watch the replay of LYB Circular & Low Carbon Solution team members, Chelsea Weir and Ryan Breese, as they share how we are tackling plastic waste through circular packaging and creating solutions for everyday sustainable living. For additional information, contact CircularProductsNAM@lyb.com
Channelview Complex Named 2023 Large Business of the Year
Channelview Complex Named 2023 Large Business of the Year
CHANNELVIEW, TEXAS – The North Channel Area Chamber of Commerce named the LyondellBasell Channelview Complex (CVO) as the 2023 Large Business of the Year. The award, presented annually at the Chamber’s gala and board induction event, is presented to an outstanding member company demonstrating participation and support of the community and the Chamber. CVO was recognized for its contribution to the economic growth and quality of life in the North Channel area and for its practices and...
The impact of Advancing Good in Europe and Asia
The impact of Advancing Good in Europe and Asia
LyondellBasell (NYSE: LYB) is committed to making an impact in the community on a global scale. Through its global citizenship program, Advancing Good, LYB invests in charitable organizations supporting three key focus areas: Advancing Our Communities, Advancing Our Planet and Advancing Tomorrow's Workforce. Check out the recent highlights from Advancing Good initiatives and donations to local charities across Europe and Asia: Belgium – Bornem The Bornem site recently presented a check worth...
Safety Insights from SVP of Health, Safety and Environment (HSE), Chris Tagoe
Safety Insights from SVP of Health, Safety and Environment (HSE), Chris Tagoe
Chris Tagoe SVP of Health, Safety and Environment (HSE) Upon beginning my career as a Process Engineer, I quickly learned about the potential hazards associated with our industry. There was the Piper Alpha explosion in the North Sea, and two polymer plant explosions on the Houston ship channel. As a result of these incidents, which resulted in dozens of fatalities, I quickly came to understand the importance of safety and why it has to be at the core of what we do in our industry every...
The Chemical Industry: What Investments Need to be Made to Get to Net Zero? | LyondellBasell
The Chemical Industry: What Investments Need to be Made to Get to Net Zero? | LyondellBasell
This article, written by LyondellBasell Senior Vice-President, Strategic Planning and Transactions, Ronald Haddock, was originally posted by the World Economic Forum as part of a series focusing on the transformation of the chemicals industry. The chemical industry cannot change its image without a deliberate and significant sustainability transformation. This agenda must be both broad and deep. The magnitude of investments required to become more sustainable is daunting and the challenge is...
LYB celebrates World Food Day
LYB celebrates World Food Day
This year, LyondellBasell marked its 24th anniversary of Global Care Day by aligning this annual day of service with World Food Day in October. A remarkable 97 LYB sites joined hands in a global initiative to combat hunger, address food insecurity and champion the cause of good health and well-being. An estimated 2,600 dedicated coworkers participated and generously contributed 16,000 hours of volunteer work translating to $508,000 in the value of volunteer hours served. LYB’s global efforts ...
Eliminating Plastic Pollution, Reflections from Tracey Campbell
Eliminating Plastic Pollution, Reflections from Tracey Campbell
A few weeks ago, experts from the LyondellBasell Government Relations team and I had the privilege of attending key events related to the second session of the Intergovernmental Negotiating Committee (INC 2) on Plastic Pollution in Paris. The United Nations Environment Program (UNEP) is working to develop an international legally binding agreement to address plastic pollution and the INC process is the vehicle used to negotiate and deliver such an agreement. An important outcome of INC ...
How to Build a Leading Culture
How to Build a Leading Culture
Trisha Conley Executive Vice President, People and Culture Imagine a company in which people get up and go to work every day completely invested in what they do. They look forward to the camaraderie they experience with their fellow team members. They feel empowered to be entrepreneurial, have room to innovate, and deliver significant value to customers and society. The work they do is impactful – as they strive to create a better, more sustainable future for all. This is the culture we are...
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