Overview
LyondellBasell Industries N.V. is a global chemicals and plastics company that converts hydrocarbon feedstocks into polymers and other chemicals, and also develops and licenses process technologies and manufactures catalysts. Its core products include polyethylene, polypropylene, olefins, propylene oxide and derivatives, and engineered polymer products. Its principal businesses span Olefins & Polyolefins, Intermediates & Derivatives, Advanced Polymer Solutions, and Technology. The company states its purpose as “creating solutions for everyday sustainable living.” [1][2][3][4][5][6][7][8][9]
The 2025 Annual Report is its latest annual report available as of October 2, 2026. For 2025, LyondellBasell reported $30.153 billion in sales and other operating revenues. It reported approximately 20,000 employees and sales in more than 100 countries; its locations network spans 30 countries and includes 125 locations.[10][11][12][13][14] [1][2][3][4][5][6][7][8][10][11][12][9][13][14]
Products & services
LyondellBasell’s product portfolio includes polyethylene (PE) and polypropylene (PP), as well as polypropylene compounds and thermoplastic polyolefins. Its Hostacom line includes glass-fiber-reinforced, mineral-filled and unfilled colored PP compounds and TPOs, used in applications such as automotive interiors, under-the-hood components and appliances. The company also makes linear low-density and high-density polyethylene, and PP homopolymer and random-copolymer grades.[8][15][16]
Its intermediates and derivatives include propylene oxide (PO), propylene glycol, polyols, propylene glycol ethers and butanediol. PO derivatives are used in products such as polyurethanes, coatings, surfactants and synthetic resins. The company also produces MTBE and ETBE for use as high-octane gasoline components, and high-purity isobutylene and other C4 chemicals used in synthetic rubber and fuel and lubricant additives.[17][18][19]
Circular offerings include the Circulen family: mechanically recycled CirculenRecover, advanced-recycling-based CirculenRevive and renewable-feedstock CirculenRenew. LyondellBasell also licenses chemical and polyolefin process technologies, sells polyolefin catalysts, and provides related project assistance, training, plant start-up support and ongoing technical services.[20][21][22][23]
The FY2025 materials report customer sales by business segment rather than by individual product, so they do not establish product-specific shares of company performance.[24] [8][15][16][17][18][19][20][21][22][23][24][15][16][19][20][23]
Geographic presence
LyondellBasell has a broad international footprint, with facilities and offices across North America, Europe, Asia Pacific, South and Central America, and Africa and the Middle East. Its official locations directory lists 125 locations in 30 countries, including 41 in North America, 39 in Europe, 33 in Asia Pacific, five in South and Central America, and seven in Africa and the Middle East; these figures include offices and other locations, not only manufacturing sites.[14]
The company identifies executive offices in London, Rotterdam, Houston and Hong Kong. Research facilities include sites in Michigan, Texas, Ohio, Italy and Germany; technical support centers are located in Rotterdam, Mumbai, Poznan and Shanghai. Manufacturing locations include sites in the United States, Mexico, Germany, the United Kingdom, China, India, Malaysia and Brazil.[25][26][27][28][29]
In 2025, sales and other operating revenues were $30.153 billion. By customer country, the United States accounted for $11.059 billion (36.7%), Germany $2.202 billion (7.3%), China $1.782 billion (5.9%), Mexico $1.557 billion (5.2%), Italy $1.321 billion (4.4%), and Japan $1.261 billion (4.2%); the remaining reported categories included France, Poland, the Netherlands and “Other.” [30] [25][30][14][26][27][28][29]
Business segments
LyondellBasell reports five business segments. O&P-Americas and O&P-EAI produce and market olefins and co-products, polyethylene, and polypropylene; their approximate shares of 2025 customer sales were 25.4% and 31.9%, respectively.[31][24][32][24] I&D focuses on propylene oxide and derivatives, oxyfuels and related products, and intermediate chemicals such as styrene monomer and acetyls; it represented approximately 29.7% of customer sales.[33][24]
Advanced Polymer Solutions (APS) makes polypropylene compounds, engineered plastics, masterbatches, engineered composites, and colors, including products for automotive and other specialty applications; it contributed approximately 11.5% of customer sales.[34][35][24] The Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts; it contributed approximately 1.5%.[21][24] Percentages are calculated from each segment’s 2025 sales to customers against consolidated customer sales of $30,153 million, excluding intersegment sales.[24][11] [31][24][32][24][33][24][34][35][24][21][24][24][11]
Company history
LyondellBasell’s predecessor histories developed separately: Lyondell was established in 1985, while the polyolefins businesses that later became Basell passed through HIMONT (1983), Montell (1994) and Basell (2000). The company’s technology heritage also includes Karl Ziegler’s 1953 discovery of linear polyethylene.[36][37][38]
Lyondell acquired Millennium Chemicals in 2004. On December 20, 2007, Basell and Lyondell Chemical Company completed their merger, forming LyondellBasell. The company entered Chapter 11 bankruptcy protection in 2009 and emerged in April 2010 after a court-approved reorganization.[39][40][41]
In 2018, LyondellBasell completed its acquisition of A. Schulman, adding polymer-compounding businesses. It started up its Texas propylene oxide/tertiary butyl alcohol complex in 2023 and completed the purchase of a 35% stake in Saudi polypropylene producer NATPET in 2024. In May 2026, it completed the sale of selected European olefins and polyolefins assets to AEQUITA.[42][43][44][45]
Sources
- LyondellBasell Industries N.V. — Full financial report (2025 Y)
- www.lyondellbasell.com[9]
- www.lyondellbasell.com[13]
- www.lyondellbasell.com[14]
- www.lyondellbasell.com[15]
- www.lyondellbasell.com[16]
- www.lyondellbasell.com[19]
- www.lyondellbasell.com[20]
- www.lyondellbasell.com[23]
- www.lyondellbasell.com[26]
- www.lyondellbasell.com[27]
- www.lyondellbasell.com[28]
- www.lyondellbasell.com[29]
- www.sec.gov[36]
- www.lyondellbasell.com[37]
- www.lyondellbasell.com[38]
- www.sec.gov[39]
- www.sec.gov[40]
- www.prnewswire.com[41]
- www.sec.gov[42]
- www.lyondellbasell.com[43]
- www.lyondellbasell.com[44]
- www.lyondellbasell.com[45]
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