Higher Utilization Should Support Better Profits for Lyondell

LyondellBasell is one of the largest petrochemical producers in the world, manufacturing ethylene and propylene and a myriad of chemical derivatives, including propylene oxide, or PO. These products form the building blocks for downstream chemicals and plastics that are used in industrial and consumer markets alike. Roughly 70% of LyondellBasell’s ethylene and polyethylene production capacity sits in North America. Its total ethylene and propylene capacity is fairly evenly split between North American and international markets.