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If it's a plastic world, then you can probably blame LyondellBasell Industries for it. The company is the world's largest producer of polypropylene and Europe's largest maker of polyethylene, the key ingredients that go into plastics of all kinds. LyondellBasell also makes advanced polyolefins and licenses its polymer technology. The company was formed in 2000 from the combination of the polyolefin businesses of Shell and BASF; it then grew exponentially with the 2007 acquisition of Lyondell. The company is owned by private investment firm Access Industries, which is owned by chairman Len Blavatnik. Facing decreased demand and higher raw material costs, its US unit filed for Chapter 11 in early 2009.
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| | | Contact Information | |
Address: |
Groot Handelsgebouw, Weena 737
3013 Rotterdam, The Netherlands
| | Phone: | +31-10-275-5500 | | Fax: | +31-10-275-5589 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 50706.00 M | | Revenue Growth (1 yr): | 5.50% | | Employees (2008): | 15,000 | | Employee Growth (1 yr): | (-6.30%) |
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Key People
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CEO:
James L. (Jim) Gallogly
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COO:
Edward J. Dineen
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CFO:
C. Kent Potter
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