What is LyondellBasell?
Chemicals, polymers, fuels, and refining company with $30.2B 2025 sales and other operating revenues, headquarters in Houston, TX, and public-market scale as LYB.
- Category
- Chemicals, polymers, fuels, and refining
- Headquarters
- Houston, TX
- Founded
- 2007
- Employees
- 20,000
- Total funding
- Public company; LYB
- Status
- LYB; ~$19B market cap
What is LyondellBasell?
LyondellBasell is a chemicals, polymers, fuels, and refining business headquartered in Houston, TX. LyondellBasell is a global chemical company producing olefins, polyolefins, intermediates, derivatives, advanced polymers, fuels, and circular/recycled materials, with 2025 revenue of $30.2B.
LyondellBasell operates at public-company scale with $30.2B 2025 sales and other operating revenues, 20,000 employees, and a June 2026 market value around ~$19B. LyondellBasell is a global chemical company producing olefins, polyolefins, intermediates, derivatives, advanced polymers, fuels, and circular/recycled materials, with 2025 revenue of $30.2B. Its core operating areas include Olefins and Polyolefins Americas, Olefins and Polyolefins EAI, Intermediates and Derivatives, Advanced Polymer Solutions, Refining, and related capabilities that make the company important to its industry.
The business is asset-intensive and operationally complex, so performance depends on commodity markets, regulated returns, manufacturing uptime, safety, capital projects, procurement, reliability, and disciplined execution. LyondellBasell also has a meaningful technology agenda because field assets, plants, mines, stores, customers, traders, engineers, and corporate functions all depend on modern data and workflow systems.
For sellers, LyondellBasell is a petrochemical margin and circularity buyer. The best entry points are not generic corporate pitches; they are measurable improvements in safety, uptime, margin, customer reliability, energy efficiency, field productivity, supply chain, analytics, cybersecurity, or capital-project delivery.
What does LyondellBasell offer?
LyondellBasell offers Polyethylene, Polypropylene, Propylene oxide, Oxyfuels, Advanced polymers, Compounds, and adjacent services or operating capabilities tied to its core assets.
- Polyethylene· Olefins and Polyolefins Americas
- Polypropylene· Olefins and Polyolefins EAI
- Propylene oxide· Intermediates and Derivatives
- Oxyfuels· Advanced Polymer Solutions
- Advanced polymers· Refining
- Compounds· Technology licensing
- Recycled polymers· Circular and low-carbon solutions
- Technology licenses· Olefins and Polyolefins Americas
How does LyondellBasell make money?
LyondellBasell makes money through petrochemical spreads, polymer volumes, licensing, refining/fuels exposure, circular materials, feedstock advantage, and asset optimization.
LyondellBasell's business model is based on petrochemical spreads, polymer volumes, licensing, refining/fuels exposure, circular materials, feedstock advantage, and asset optimization. Pricing is not a public SaaS-style tier list; it is set through regulated tariffs, commodity benchmarks, customer contracts, spot prices, negotiated industrial terms, or project economics depending on the business line.
The main economic drivers are volume, utilization, price/cost spreads, capital efficiency, operating reliability, maintenance discipline, working capital, customer demand, and regulatory or commodity-market conditions. In 2025 the company reported $30.2B 2025 sales and other operating revenues, giving it meaningful purchasing power but also a strong bias toward projects with quantified operating impact.
Growth depends on the same practical levers that shape large industrial buyers: safer operations, better uptime, lower unit cost, better forecasting, tighter procurement, faster engineering, cleaner data, and improved customer or asset performance. Vendors should connect proposals to those levers and expect technical, procurement, legal, security, and finance review.
Who leads LyondellBasell?
LyondellBasell is led by Peter Vanacker, with senior leadership including Michael McMurray, Tracey Campbell, Kim Foley.
- Peter VanackerChief Executive OfficerCEO since 2022Leads LYB's portfolio, circularity, and profitability strategy.
- Michael McMurrayExecutive Vice President and Chief Financial OfficerCFO since 2019Leads finance and investor relations.
- Tracey CampbellExecutive Vice President, Sustainability and Corporate AffairsSenior executive leadershipLeads sustainability, communications, and public affairs.
- Kim FoleyExecutive Vice President, Global Olefins and PolyolefinsSenior operating leadershipLeads core polymers operations.
How do you contact LyondellBasell's leadership?
LyondellBasell publishes investor, media, supplier, customer, or contact-form routes, but it does not publish a verified personal executive email pattern for the leaders below. Use the official investor/contact route for LyondellBasell rather than guessed personal addresses.
Official investor/contact page is public; personal executive email format not verified- Michael McMurrayExecutive Vice President and Chief Financial OfficerUse official investor/contact page
- Tracey CampbellExecutive Vice President, Sustainability and Corporate AffairsUse official investor/contact page
How much funding has LyondellBasell raised?
LyondellBasell is a mature public company, not a VC-backed startup. It trades as LYB, had a market capitalization of ~$19B in the June 2026 snapshot used here, and funds operations through operating cash flow, public debt/equity access, and industry-specific capital programs.
LyondellBasell does not have a current venture funding total. The relevant capital history is its public listing, operating cash flow, debt-market access, dividends or buybacks where applicable, acquisitions, portfolio actions, and reinvestment in long-lived assets.
As of the June 2026 market snapshot used for this profile, LYB was valued at about ~$19B. The company reported $30.2B 2025 sales and other operating revenues, which is the operating scale sellers should use when thinking about budget capacity, procurement maturity, and the size of projects that can matter.
Seller signal: LyondellBasell can buy at enterprise and industrial scale, but budget owners will demand measurable business cases. Strong proposals quantify safety, uptime, throughput, margin, asset integrity, grid/customer reliability, procurement savings, emissions, or working-capital improvement.
How did LyondellBasell get here?
LyondellBasell's path is a public-company operating history shaped by founding roots, portfolio changes, leadership transitions, and 2025-2026 market conditions.
- 2007Lyondell and Basell combineThe merger creates LyondellBasell.
- 2010NYSE listing after restructuringLYB relists after balance-sheet restructuring.
- 2018A. Schulman acquisitionAdvanced polymer solutions scale expands.
- 2022Peter Vanacker becomes CEOVanacker takes over as chief executive.
- 2025$30.2B revenueLYB reports 2025 sales and other operating revenues of $30.2B.
- 2026Cost-curve focusManagement highlights cost-advantaged production amid petrochemical volatility.
Who are LyondellBasell's competitors?
LyondellBasell competes with public and private companies across chemicals, polymers, fuels, and refining, adjacent assets, capital projects, customers, labor, technology, and commodity or regulated markets.
LyondellBasell — frequently asked questions
