LyondellBasell takes leadership role in global effort to end plastic waste - Seite 2

With the growth of the circular economy, LyondellBasell has increased its focus on issues related to eliminating plastic waste. In 2018, LyondellBasell announced two key projects in this area, namely:

• A first-of-its-kind plastic recycling venture: In March 2018, LyondellBasell and SUEZ entered into a joint venture to acquire Quality Circular Polymers (QCP), a premium plastics recycling company in the Netherlands. The innovative 50/50 joint venture leverages SUEZ's collection network and leading-edge technology solutions to improve the identification, separation and preparation of materials to be used as feedstock at QCP. LyondellBasell's long-standing leadership in innovative plastic production technology, vast experience in product development and deep knowledge of important end markets, such as consumer goods, are being leveraged to further grow QCP's success.

• R&D partnership on chemical recycling: In July 2018, LyondellBasell announced it signed an agreement with the Karlsruhe Institute of Technology (KIT) in Germany to advance chemical recycling of used plastics. The goal of this effort is to develop a new catalyst and process technology to decompose post-consumer plastic waste into clean feedstock for reuse in new products.

For more information, please visit www.endplasticwaste.org.

About LyondellBasell
LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its 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, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2018, LyondellBasell was named to Fortune magazine's list of the "World's Most Admired Companies." More information about LyondellBasell can be found at www.LyondellBasell.com

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