Lyondell Chemical Company
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| Lyondell Chemical Co. | |
|---|---|
| Type | Public (NYSE: LYO) |
| Founded | 1985 |
| Headquarters | Houston, Texas, USA |
| Key people | Dan F. Smith, President & Chief Executive Officer |
| Industry | Manufacturing |
| Products | Chemicals, Polymers |
| Revenue | |
| Employees | 10,880 (2006) |
| Website | www.lyondell.com |
Lyondell Chemical Company NYSE: LYO is an American multinational corporation based in Houston, Texas.
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The Lyondell Chemical Company is currently the third largest independent chemical manufacturer in the United States. Since its establishment in 1985 from certain facilities belonging to the Atlantic Richfield Company (ARCO), the company has grown through various acquisitions and is currently a Fortune 500 company that operates in 5 continents and employs over 11,000 people. Lyondell is the global leader in propylene oxide production and is the largest North American supplier of styrene monomer. Other Lyondell products include ethylene, polyethylene, and titanium dioxide
Lyondell acquired Millennium Chemicals, Inc. in a stock-for-stock business combination on November 30, 2004. In August, 2006, Lyondell acquired the Lyondell-Citgo Refining LP in a transaction valued at around $2.1 billion, and has renamed the facility Houston Refining.
Chemical maker Basell Polyolefins said on Tuesday, 17 July 2007, it would buy Lyondell Chemical Co. for about $12.14 billion.
Throughout the year, Lyondell provides dedicated training sessions to all its Engineering staff ranging from interns to senior engineers. Lyondell has also implemented an engineering rotation program to provide its engineers with exposure to various locations, cultures, and technologies.
- Dan F. Smith- Chairman, President & Chief Executive Officer
- Morris Gelb- Executive Vice President & Chief Operating Officer
- T. Kevin DeNicola- Senior Vice President & Chief Financial Officer
- Jacksonville Facility
- Colonel's Island Plant
- Morris Complex
- Tuscola Plant
- Clinton Complex
- Baltimore St. Helena Plant
- Newark Plant
- Cincinnati Technology Center
- Fairport Harbor Facility
- Newtown Square Technology Center
- Bayport Choate Plant
- Beaumont PD Glycol Plant
- Chocolate Bayou Complex
- Houston Refining
- Matagorda Complex
- Victoria Plant
- Bayport Underwood Plant
- Channelview Chemical Complex
- Corpus Christi Complex
- La Porte Complex
- Pipeline Operations
- Worldwide Headquarters
Researchers at the University of Massachusetts Amherst have identified Lyondell as the 53rd-largest corporate producer of air pollution in the United States, with roughly 8 million pounds of toxic chemicals released annually into the air.[1] Major pollutants indicated by the study include chlorine, butadiene, dicyclopentadiene, and diaminotoluene. [2] facilities==
- Fos sur Mer (Marseille area)
- Botlek (Rotterdam)
- Maasvlakte (Rotterdam)