LYB - Mergers and acquisitions

ROTTERDAM, Netherlands, May 01, 2026 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE:LYB) today announced that it has successfully completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA as a key milestone in the company's European strategic assessment. The transaction follows completion of required employee information and consultation processes and satisfaction of customary regulatory and closing conditions. The divestiture supports the company's strategy to grow and upgrade the core by further concentrating on assets and businesses with durable competitive advantages and stronger long-term returns, while enhancing f

HOUSTON, Feb. 20, 2024 /PRNewswire/ -- LyondellBasell (NYSE:LYB) today announced it has acquired mechanical recycling assets and properties containing rigid plastics recycling processing lines from PreZero, a global recycling leader and waste management service provider. The transaction includes leasing the processing facility in Jurupa Valley, Calif., which has a production capacity of approximately 50 million pounds per year for recycled materials. "This acquisition further strengthens our U.S. presence and will deliver value for our customers and plastic recycling rates in

ROTTERDAM, Netherlands, July 19, 2023 /PRNewswire/ -- LyondellBasell today announced it has acquired a 50% stake in Stiphout Industries B.V. ("Stiphout"). Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity equivalent to the amount of plastic packaging waste generated by over 500,000 Dutch citizens per year. "Investing in Stiphout aligns with our strategy to invest in recycling and plastic waste processing companies that support our existing assets in the Netherlands and Germany and fits with our integrated hub model," says Yvonne van der Laan, Ly

Companies expand their Quality Circular Polymers Joint Venture ROTTERDAM, The Netherlands and PARIS, Dec. 7, 2020 /PRNewswire/ -- LyondellBasell (NYSE: LYB) one of the world's largest plastics, chemicals and refining companies and SUEZ (EPA: SEV), a world leader in environmental services, today jointly announced the acquisition of TIVACO, a plastics recycling company located in Blandain, Belgium. The company will become part of Quality Circular Polymers (QCP), the companies' existing 50/50 plastics recycling joint venture. With this transaction, QCP will increase its production capacity for recycled materials to approximately 55,000 tonnes per year. LyondellBasell and SUEZ join