Market Capitalization (Millions $) |
6 |
Shares
Outstanding (Millions) |
0 |
Employees |
13,500 |
Revenues (TTM) (Millions $) |
38,482 |
Net Income (TTM) (Millions $) |
2,147 |
Cash Flow (TTM) (Millions $) |
-2,288 |
Capital Exp. (TTM) (Millions $) |
1,818 |
Lyondellbasell Industries N V
LyondellBasell Industries N.V. is a prominent global chemical company incorporated under Dutch law on October 15, 2009. It stands as one of the world's largest independent chemical producers, recognized for its extensive involvement in the petrochemical value chain. The company primarily processes large volumes of liquid and gaseous hydrocarbon feedstock into various chemicals and plastic resins, which serve as essential building blocks for a wide array of applications.
The company's core operations consist of converting hydrocarbons into products that are utilized in various everyday applications, including food packaging, home furnishings, automotive components, paints, and coatings. In addition, LyondellBasell operates a refinery located in Houston, Texas, which processes crude oil into essential fuels such as gasoline, diesel, and jet fuel.
Business Segments
LyondellBasell operates through five primary reportable segments:
1. Olefins and Polyolefins'Americas (O&P'Americas): This segment specializes in the production of olefins, which include ethylene and its co-products, as well as polyolefins.
2. Olefins and Polyolefins'Europe, Asia, International (O&P'EAI): Similar to the O&P'Americas segment, this division focuses on the production and marketing of olefins, including ethylene, co-products, polyolefins, and polypropylene compounds.
3. Intermediates and Derivatives (I&D): This segment produces propylene oxide and its derivatives, acetyls, ethanol, ethylene oxide and its derivatives, and oxyfuels.
4. Refining: The Refining segment primarily focuses on refining heavy, high-sulfur crude oil located on the U.S. Gulf Coast.
5. Technology: The Technology segment is responsible for developing and licensing chemical and polyolefin process technologies while also manufacturing and selling polyolefin catalysts.
In response to market dynamics, the management of oxyfuels products was shifted to the I&D segment following the closure of the Berre refinery, allowing for better alignment between business decisions related to oxyfuels and propylene oxide production co-products.
Competitive Landscape
LyondellBasell mainly competes in regional markets affected by global pricing mechanisms. Its competitive edge is determined by various factors, including competitive pricing, low-cost production, product quality, reliable delivery, supply volumes, and customer service. The companys profitability is influenced by regional raw material costs and price competition within the sector. Historically, both the chemical and refining industries have maintained competitive environments, which are expected to persist.
LyondellBasell faces competition not only from other chemical and refining companies but also from the chemical and refining divisions of major national and international oil companies across the globe.
Production Capacity and Market Position
LyondellBasell is recognized as a significant player in the global chemical market:
- In North America, it is the second-largest producer of ethylene, with an ethylene rated capacity of approximately 9.8 billion pounds per year, accounting for around 13% of the total ethylene production capacity in the region. It also ranks as the third-largest producer of polyethylene (PE) with an annual capacity of9 billion pounds (approximately 13% of North Americas capacity) and is the largest producer of polypropylene (PP) with a capacity of3 billion pounds, representing about 18% of North American capacity.
- In Europe, LyondellBasell stands as the sixth-largest producer of ethylene with a capacity of roughly3 billion pounds per year (approximately 8% of European capacity). It is also the largest producer of polypropylene in Europe, with2 billion pounds per year (around 22% of European PP capacity) and the largest producer of polyethylene, generating0 billion pounds annually (around 22% of high-density polyethylene (HDPE) and 13% of low-density polyethylene (LDPE) capacity).
- Globally, the company claims to be the second-largest producer of propylene oxide (PO), holding roughly 13% of total worldwide capacity, and one of the largest producers of styrene monomer (SM), with around 5% of the total worldwide capacity.
LyondellBasell's operations and position in the market reflect its stature as a leading company within the chemical industry, boasting significant production capabilities and a robust global footprint.
Company Address: 2800 Post Oak Blvd. Houston, 77056 TX
Company Phone Number: 309-7200 Stock Exchange / Ticker: NYSE LYB
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