One of the world's
largest chemical companies.
1221 McKinney St.
Houston, TX 77010
CEO: Dan Smith
Stock Symbol: LYO
Lyondell Chemical Company is one of the
world's largest chemical manufacturers, a refiner of heavy, high-sulfur
crude oil and a significant producer of fuel products.
Key products include ethylene, polyethylene,
styrene, propylene, propylene oxide, gasoline, ultra low-sulfur
diesel, MTBE and ETBE. Lyondell products are the building blocks
for countless goods and products that people use every day, such
as food packaging, household furnishings, detergents, cosmetics,
automotive parts, construction and home-building materials, paints
and coatings and many other applications.
Equistar Chemicals, LP; Houston Refining
LP and Millennium Chemicals Inc. are wholly owned subsidiaries
About 85 percent of the furniture manufactured
worldwide uses flexible urethane foam cushioning, a major application
for Lyondell's propylene oxide.
Lyondell has operations on five continents.
It holds more than 500 U.S. patents and approximately 1,250 patents
In 2006, Lyondell reported revenues of
$22.2 billion and net income of $186 million.
Lyondell is formed in 1985 from selected
chemical and refining assets of Atlantic Richfield Company (ARCO).
In 1989, Lyondell is spun off from ARCO,
becoming a public company listed on the New York Stock Exchange.
In the United States, eligible employees
may participate in plans that include:
- Life Insurance
- Accidental Death & Dismemberment (AD&D)
- Short- and Long-Term Disability (STD and LTD)
- 401(k) and Savings
- Dependent and Health Care Spending Accounts
- Employee Assistance Program (EAP)
- Paid Vacation and Holidays
- Educational Assistance
- Matching Gifts and Volunteer Grants for Charitable Activities
At our operations in Europe, Asia and other
locations outside the United States, Lyondell provides a pay
and benefits package for employees that is competitive within
each geographical region and supports its commitment to provide
premium benefits and pay in return for premium results.
Updated November 25, 2007