LyondellBasell announced it has been named to Fotune Magazine's 2022 list of the "World's Most Admired Companies. LyondellBasell has received this distinction for five consecutive years.

"This recognition is a reflection of our team's relentless commitment to excellence," said Ken Lane, LyondellBasell's Interim CEO. "Every day, employees at LyondellBasell demonstrate integrity, innovation and focus and I'm both proud and humbled by their endless accomplishments."

In 2021, LyondellBasell built on its momentum, delivered strong business results and advanced its sustainability goals. Highlights from the year include:

Delivering record-setting financial results. The company's 2021 Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) excluding lower of cost or market inventory valuation (LCM) and impairments exceeded prior records by 15%.

Launching the Circulen portfolio of polymers to advance the circular economy of plastics and support our ambitious goal to produce and market two million metric tons of recycled and renewable-based polymers annually by 2030.