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LyondellBasell recognized for leadership in environmental, health & safety performance

June 05/2020

MOSCOW (MRC) -- American Chemistry Council (ACC) presented its Responsible Care Company of the Year Award to LyondellBasell, FMC Corporation and Ethyl Corporation, recognizing each for excellence and leadership in environmental, health, safety and security (EHS&S) performance, said ACC.

"Responsible Care has always been a program based on leadership, safety and continual improvement in our facilities, operations and products. Its a commitment that helps us to operate with health, safety, security and environmental protection as our top priorities, said ACC President and CEO Chris Jahn. Today, we recognize LyondellBasell, FMC and Ethyl Corporation for their outstanding leadership and dedication to the tenets of Responsible Care with ACCs highest honor, the Responsible Care Company of the Year Award."

ACC presents the Company of the Year award to one company each in three size categories: large, medium-sized and small companies. To be eligible for the Company of the Year award, ACC members must demonstrate they have met and surpassed Responsible Care performance criteria, including: achieving a safety performance rating in the top 10 percent of companies in their size category, with no significant process events in the previous year; positive performance measures in the areas of transportation safety, process safety and emissions reduction; and demonstrated improvements in EHS&S performance, product stewardship, distribution safety and emergency preparedness.

LyondellBasell applies Responsible Care requirements when making decisions every day. The companys Operational Excellence and Product Stewardship systems have resulted in continually improving health, safety, security and environmental performance. Since 2017, LyondellBasell has reduced its Total Recordable Injury Rate at ACC member sites by 68 percent, and reduced the number of reportable environmental events by 26 percent.

In 2019, LyondellBasell expanded an initiative that uses mechanical recycling technology to transform post-consumer plastic waste into high-quality polymers to make new products with recycled content in a number of sectors. In addition, LyondellBasell began pilot production of bio-based feedstocks made from renewable resources. Through these initiatives, the company is offering more sustainable solutions and helping customers achieve their environmental targets.

As MRC reported earlier, global petrochemical producer LyondellBasell has reduced rates across its system to accommodate lower demand wrought by shutdowns around the globe to stem the spread of the coronavirus pandemic, said the company's CEO Bob Patel. LyondellBasell's overall global petrochemical and refining assets were expected to operate at 60% to 80% of nameplate capacity through the second quarter, Patel said during the company's first-quarter earnings call. European crackers were seen running at 80% to 85%, while US crackers were expected to run at about 75%, he said.

We also remind that to further aid in the fight against the COVID-19 pandemic, LyondellBasell (LBI) donated a key ingredient to Huntsman Corporation to produce hand sanitizer for US first responders.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 557,060 tonnes in the first three month of 2020, up by 7% year on year. High density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments rose because of the increased capacity utilisation at ZapSibNeftekhim. Demand for LDPE subsided. At the same time, PP shipments to the Russian market was 267,630 tonnes in January-March 2020, down 20% year on year. Homopolymer PP and PP block copolymers accounted for the main decrease in imports.

LyondellBasell is one of the largest plastics, chemicals and refining companies in the world. Driven by its 13,000 employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies.
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, ethylene, propylene, LyondellBasell.
Category:General News
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