History:
The Lyondell Chemical Company was formed in 1985 as a spin off from the Atlantic Richfield Company (ARCO). The company was listed on the New York Stock Exchange in 1989 and is presently the third largest chemical manufacturer in the entire United States. The company is operational in five continents across the globe and is the market leader in Propylene oxide production in the world.Activities:
Lyondell is a leading manufacturer of plastics and chemicals, refiner of crude oil and produces several fuel products. The primary chemicals which are produced include propylene oxide, ethylene, polyethylene, styrene, propylene, titanium dioxide, gasoline, ultra-low sulfur diesel, MTBE and ETBE. These products are the raw materials used in the production of several products in other associated and non-associated industries. The company caters to several production markets, notably- Adhesives & Sealants
- Building & Construction
- Electronics
- Industrial
- Packaging
- Personal Care
- Plastics & Rubber
- Transportation
- Agricultural
- Cleaning Products
- Food & Beverage
- Inks
- Paints & Coatings
- Pharmaceuticals
- Textiles & Furniture
Performance:
Lyondell Chemical is riding the global boom in manufacturing and marketing. The company has achieved sales worth $ 22,228 million in 2006.The net income of the company during this fiscal year was $ 186 million. A comparative breakup of the company for the last three fiscal years is given below:
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Organization:Lyondell Chemical is headed by Mr. William T. Butler, who is the company Chairman. Mr Dan F. Smith is the company President, CEO, and Director. The company had an employee count of 10,000 in 2005. |
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Contact Details:Corporate Address: 1221 McKinney St.,Ste. 700, Houston, TX 77010 Telephone: 713-652-7200 Website: www.lyondell.com |
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