LyondellBasell Industries N : Russian Offices to Cease Operations
May 02, 2022
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LyondellBasell has made the decision to cease operations at our two office locations in Russia. As a result, the offices in Moscow and Togliatti have begun winding down operations.
"Current conditions in the region are the primary drivers for this decision," says Richard Roudeix, Senior Vice President, Olefins & Polyolefins, Europe, Middle East, Africa and India. "We recognize this is a difficult situation for our employees and have a local team in place to support them during this transition period."
The offices were primarily involved in selling polymers from our O&P and APS businesses. Both offices employ a combined 18 employees.
About LyondellBasell
As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The Company's products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The Company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine's "World's Most Admired Companies" for the fifth consecutive year. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
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LyondellBasell Industries NV published this content on 03 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 03:32:06 UTC.
LyondellBasell Industries N.V. is one of the world's largest chemical groups. Net sales break down by activity as follows:
- production of olefins and polyolefin (50.2%): ethylene, propylene, butadiene, polypropylene components, etc.;
- manufacturing of intermediate chemical products (21.6%): propylene oxide, acetyl, ethanol, ethylene oxide, etc.;
- refining of highly sulfide crude oil (15.6%): activity ensured in the Gulf Coast region of the United States. The group also produces oxy-fuel;
- manufacturing of advanced polymer solutions (11.1%): polypropylene compounds, engineering plastics, composite materials, advanced polymers, etc. ;
- development of chemical and polyolefin process technologies (1.5%). The group also manufactures polyolefin catalysts.
At the end of 2021, the group had 34 production sites worldwide.
Net sales break down geographically as follows: the Netherlands (3%), the United States (48.8%), Germany (7.4%), China (5%), Italy (4%), Mexico (3.4%), Japan (3.1%), France (3%), Poland (2.5%) and other (19.8%).
LYONDELLBASELL INDUSTRIES N.V. 
