LyondellBasell

EQS-News: Encavis Asset Management AG and LyondellBasell Announce Renewable Energy Power Purchase Agreement

Retrieved on: 
Wednesday, April 10, 2024

Houston/Munich, April 2, 2024 – LyondellBasell (NYSE: LYB) and Encavis Asset Management AG (Encavis AM) today announced they signed a power purchase agreement (PPA) to secure 208 megawatts (MW) of renewable electricity generation capacity from the solar park in Bartow, Germany.

Key Points: 
  • Houston/Munich, April 2, 2024 – LyondellBasell (NYSE: LYB) and Encavis Asset Management AG (Encavis AM) today announced they signed a power purchase agreement (PPA) to secure 208 megawatts (MW) of renewable electricity generation capacity from the solar park in Bartow, Germany.
  • Under this 12-year PPA, Encavis AM will deliver approximately 210 gigawatt-hours (GWh) of solar power to LyondellBasell annually.
  • "This vast large-scale solar project in Bartow reaffirms our expertise in sophisticated investments in the Renewable Energy sector and makes a substantial contribution to the energy transition.
  • Leveraging our industry know-how, we are committed to operating the solar park in an environmentally sustainable and economically profitable manner," says Karsten Mieth, Spokesman of the Board of Encavis Asset Management AG.

Orion S.A. Breaks Ground on Battery Materials Plant in Texas

Retrieved on: 
Tuesday, April 9, 2024

The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.

Key Points: 
  • The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
  • “Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony.
  • “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”
    Every battery requires conductive additives.
  • The additives produced at the La Porte plant will be made from acetylene, a colorless gas that Orion’s production process turns into powder with exceptional purity demanded by leading battery manufacturers.

LyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report

Retrieved on: 
Tuesday, April 9, 2024

HOUSTON and ROTTERDAM, Netherlands, April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability.

Key Points: 
  • HOUSTON and ROTTERDAM, Netherlands, April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability.
  • As we progress toward establishing ourselves as an industry leader in sustainability, we have moved from unlocking possibilities to making everyday sustainability a reality," said Peter Vanacker, CEO of LyondellBasell.
  • "We are committed to disclosing our sustainability performance, providing transparency and demonstrating how we support everyday sustainability," said Vanacker.
  • For more information, read the 2023 LyondellBasell sustainability report, Everyday Sustainability here .

LyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report

Retrieved on: 
Tuesday, April 9, 2024

HOUSTON and ROTTERDAM, Netherlands, April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability.

Key Points: 
  • HOUSTON and ROTTERDAM, Netherlands, April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability.
  • As we progress toward establishing ourselves as an industry leader in sustainability, we have moved from unlocking possibilities to making everyday sustainability a reality," said Peter Vanacker, CEO of LyondellBasell.
  • "We are committed to disclosing our sustainability performance, providing transparency and demonstrating how we support everyday sustainability," said Vanacker.
  • For more information, read the 2023 LyondellBasell sustainability report, Everyday Sustainability here .

Plaskolite Names Michael Gilbert President and CEO

Retrieved on: 
Monday, April 1, 2024

Plaskolite, LLC (“Plaskolite”), a global manufacturer of engineering thermoplastics, today announced that Michael Gilbert, an accomplished industry leader and operational executive, has been named President and CEO, effective April 1, 2024.

Key Points: 
  • Plaskolite, LLC (“Plaskolite”), a global manufacturer of engineering thermoplastics, today announced that Michael Gilbert, an accomplished industry leader and operational executive, has been named President and CEO, effective April 1, 2024.
  • Mr. Gilbert brings to Plaskolite more than 35 years of experience and a proven track record of success leading growth-oriented companies in the plastics and advanced materials industry.
  • View the full release here: https://www.businesswire.com/news/home/20240401568330/en/
    Michael Gilbert, President & CEO of Plaskolite (Photo: Business Wire)
    “We are pleased to welcome Michael to the Plaskolite family as our next President and Chief Executive Officer,” said Plaskolite interim presidents John Szlag, CCO and Peter Lynch, CFO.
  • “I am honored to join the incredibly talented Plaskolite team,” said Mr. Gilbert.

HYCO1 Announces the Addition of Three New Vice Presidents: Sairam Valluri, Vice President of Engineering; Ryan Hennes, Vice President of Projects; and Curtis Carmack; Vice President of Strategic Development and General Counsel.

Retrieved on: 
Tuesday, April 2, 2024

He was responsible for managing greenfield ethanol projects, retrofitting existing ethanol facilities, and leading the international project development team.

Key Points: 
  • He was responsible for managing greenfield ethanol projects, retrofitting existing ethanol facilities, and leading the international project development team.
  • Ryan will serve as HYCO1's Vice President, Projects and will lead projects from their initial design through construction and into commercial operations.
  • "We are creating a Dream Team in Houston to show the world that we have SOLVED CO2.
  • I am super excited to have Sairam, Ryan, and Curtis on the HYCO1 team."

LyondellBasell to exhibit at NPE2024: The Plastics Show

Retrieved on: 
Wednesday, March 27, 2024

The company will be located at booth number S22005 near the main south hall entrance.

Key Points: 
  • The company will be located at booth number S22005 near the main south hall entrance.
  • As a pioneer in the plastics industry, LYB is committed to advancing sustainable solutions and driving innovation to shape the future of plastics.
  • At NPE 2024, LYB will showcase its latest advancements in polymer technology, sustainable manufacturing practices and collaborative efforts toward a circular economy.
  • From lightweight automotive components to durable packaging solutions, the LYB portfolio of high-performance materials continues to empower industries worldwide.

LyondellBasell to exhibit at NPE2024: The Plastics Show

Retrieved on: 
Wednesday, March 27, 2024

The company will be located at booth number S22005 near the main south hall entrance.

Key Points: 
  • The company will be located at booth number S22005 near the main south hall entrance.
  • As a pioneer in the plastics industry, LYB is committed to advancing sustainable solutions and driving innovation to shape the future of plastics.
  • At NPE 2024, LYB will showcase its latest advancements in polymer technology, sustainable manufacturing practices and collaborative efforts toward a circular economy.
  • From lightweight automotive components to durable packaging solutions, the LYB portfolio of high-performance materials continues to empower industries worldwide.

World Petrochemical Conference in Houston to Discuss Industry Issues Facing Global Chemical Markets

Retrieved on: 
Monday, March 18, 2024

HOUSTON, March 18, 2024 /PRNewswire/ -- The 39th annual World Petrochemical Conference (WPC) by S&P Global will be held March 18 to 22, 2024 at the Marriott Marquis Hotel in downtown Houston.

Key Points: 
  • HOUSTON, March 18, 2024 /PRNewswire/ -- The 39th annual World Petrochemical Conference (WPC) by S&P Global will be held March 18 to 22, 2024 at the Marriott Marquis Hotel in downtown Houston.
  • At this gathering of leading companies in the global chemical industry, notable thought leaders aim to discuss demand and supply dynamics, the rapidly evolving chemicals landscape and how the industry can be primed for recovery while focusing on sustainability.
  • Our newly expanded team of chemical industry specialists will cover even more of the chemical value chain – from feedstocks to performance chemicals – and integrate that with discussions on critical supply chains, carbon, geopolitical factors, and energy transition.
  • Mark Eramo, Global Head of Fuels, Chemicals & Resource Solutions, S&P Global Commodity Insights said, "The after-effects of supply chain disruptions following the Covid-19 pandemic, coupled with geopolitical uncertainties, rising costs, and mounting pressure to decarbonize, has had huge implications on global trade flows and the global chemical markets.

Global Bioplastics and Advanced Plastics Recycling Report 2024-2034: Market Challenges and Opportunities in Scaling Up Environment-friendly Solutions Aligned with Principles of Circular Economy - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The "Global Market for Bioplastics and Advanced (Chemical) Plastics Recycling 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Bioplastics and Advanced (Chemical) Plastics Recycling 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • Innovation in bioplastics and plastics recycling is spurring a renaissance in the petrochemical industry, with the latest technologies reinventing plastic and making waste plastic a new resource.
  • The Global Market for Bioplastics and Advanced (Chemical) Plastics Recycling 2024-2034 provides a comprehensive analysis of the global bio-based feedstocks, bio-based plastics, and advanced chemical recycling markets.
  • An extensive section is dedicated to the global bio-based and biodegradable plastics market, segmented by types including PLA, PHA, PBS, bio-PET etc.