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LyondellBasell Industries business model | How does LyondellBasell Industries make money?

LyondellBasell Industries N.V., incorporated October 15, 2009, is a global chemical company. The company manages its operations through five Segments: Olefins and Polyolefins-Americas (O&P-Americas); Olefins and Polyolefins-Europe, Asia, International (O&P-EAI); Intermediates and Derivatives (I&D); Refining, and Technology. Its chemicals businesses consist primarily of processing plants that convert liquid and gaseous hydrocarbon feedstock into plastic resins and other chemicals. Its chemical products tend to be building blocks for other chemicals and plastics, while its plastic products are used in large volume applications. Its customers use its plastics and chemicals to manufacture a range of products that people use in their everyday lives including food packaging, home furnishings, automotive components, paints, and coatings.

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