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LyondellBasell is transforming the film and packaging industry through materials dedicated to innovation and sustainability. LyondellBasell offers customized Masterbatch Solutions that deliver lightweight packaging for both rigid and flexible designs, content protection that allows for extended shelf life, color concentrates supported by color-matching expertise, and food safety through reliable processing. Discover how LyondellBasell can address your Flexible Packaging, Rigid Packaging, and Industrial Packaging needs with our global polymer solutions. To learn more LyondellBasell visit www.lyondellbasell.com
We believe that transitioning to a circular economy will reduce resource use and enable a more sustainable future. We are advancing technologies and innovations that will help conserve finite resources and retain their value for as long as possible.
LyondellBasell announced one of the most ambitious goals of the industry to produce and market two million metric tons of recycled and renewable-based polymers annually by 2030. With the aim of affecting positive change, LyondellBasell is focused on three transformational areas including plastic waste, climate change, and thriving societies.
The Sustainability Report showcases LyondellBasell's strategy and ambitions for the next decade. Key elements of the Sustainability Report involve taking action on several fronts. It is the company's ambition to:
- Produce and market two million metric tons of recycled and renewable-based polymers annually, increase its investment in the recovery and recycling of plastic, and accelerate solutions to end plastic waste.
- Reduce its CO2 emissions by 15 percent per ton of product produced relative to 2015 levels by 2030.
- Advance diversity, inclusion and equity in the workplace by accelerating initiatives, such as building diversity and inclusion (D&I) into our talent programs, implementing a D&I Officer position and involving a cross-section of leaders to serve as the D&I Council.
- Join American Chemistry Council and Plastics Europe industry peers to ensure 100 percent of plastic packaging is reused, recycled or recovered by 2040.
Additionally, the company continues to increase recycling and work collaboratively across the value chain as evidenced by LyondellBasell CEO Bob Patel's instrumental role in the launch of the Alliance to End Plastic Waste and continued involvement as an officer of the organization. LyondellBasell is also developing advanced recycling with its MoReTec technology, has expanded its mechanical recycling product grades and color offerings through its 50/50 joint venture, Quality Circular Polymers (QCP), improved the design of plastics to increase recyclability, and worked with brand owners to increase product recyclability. Lastly, the company achieved the first parallel production of polypropylene (PP) and low-density polyethylene (LDPE) made from renewable raw materials at commercial scale.
LyondellBasell's Sustainability Report is available on the company website at https://www.lyondellbasell.com/en/sustainability/.
View the "We see possible" video by clicking here to better understand the LyondellBasell's approach to sustainability.
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