LyondellBasell Industries N.V. is a multinational chemical company incorporated in the Netherlands with U.S. operations headquartered in Houston, Texas, and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies.[3] It also produces ethylene, propylene, polyolefins, and oxyfuels.[4][5]
LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion.[6] As of 2016, Lyondell was the third largest independent chemical manufacturer in the United States.[7]