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Finance

A Leading Manufacturer of Olefins and Polyolefins

LyondellBasell (LYB) is a leading producer of olefins and polyolefins. After Dow Chemical (DOW), LYB is the second largest company by revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) in the US. It is among the top five global chemical companies by revenue.

LyondellBasell primarily manufactures olefins, polyolefins, resins, and other chemicals used for various applications in the packaging, electronics, automotive parts, home furnishings, construction materials, and biofuels industries. The company also has a refinery in Houston that manufactures petroleum products. The company has 56 manufacturing facilities in 19 countries. The company’s revenues have increased at a healthy compounded annual growth rate (or CAGR) of 4% from $38.9 billion in 2010 to $45.6 billion in 2014.

 

View more information: https://marketrealist.com/2015/11/lyondell-basell-leading-manufacturer-olefins-polyolefins/

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