Edited from: “A new global leader” LyondellBasell, “strategic fit presentation”
LyondellBasell key strategy includes:
(1) Long-term, strategic investor focused on building world scale, world class businesses; 
(2) Investment in business models which generate significant free cash flow;
(3) Successful Middle East and Asian joint venture strategy;
(4) Partner with strong, proven management teams;
(5) Provide strategic direction and capital for long-term growth; and
(6) A stable private capital base that provides strategic advantages versus more constrained pools of
capital, like private equity funds or public markets.
It will also focus on the following themes:
(1) Value chain integration;
(2) Participate in petrochemicals from refining through to specialised end uses;
(3) Extract value from optimisation across fuels, chemicals and polymers; and
(4) Upgrade cost-advantaged feedstocks using superior refinery and cracker flexibility.
Operational excellence
(1) Drive personal and process safety;
(2) Achieve continuous cost and reliability improvement;
(3) Optimise manufacturing footprint; and
(4) Realise operational synergies.
Customer and market focus
(1) Add value by using optimal channels to market and providing customised service levels; and
(2) Strengthen the differentiated business.
Technological leadership
(1) Continue technology licensing leadership and increase share of specialities;
(2) Be the partner of choice for new projects in attractive markets and geographies; and
(3) Continue to invest in R&D to develop innovative technologies and enhance product portfolio.
Please also see EPCA ’09: LyondellBasell expects tough 2010 for polyolefins on ICIS news.
ICIS Chemical Business magazine has unveiled the ICIS Top 100 Chemical Companies, with rankings based on 2008 sales.
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See the article and analysis of the ICIS Top 100 on ICIS news.
Financial highlights: LyondellBasell, year ended 31 December
| | 2008 | Pro Forma 2007 |
| Sales ($ m) | 50,706 | 44,735 |
| Operating Profit ($ m) | -5,928 | 1,826 |
| Net Profit ($ m) | -7,321 | 168 |
| Number of Employees | 15,000 | 16,000 |
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LyondellBasell Industries
Company Structure
LyondellBasell claims to be one of the world’s largest polymers, petrochemicals and fuels companies and a global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide (PO) and derivatives; and a significant producer of fuels and refined products, including biofuels. On 20 December 2007, Lyondell and Basell completed its $19.4bn (Euro13.6bn) merger, forming LyondellBasell Industries.
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