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LyondellBasell
LyondellBasell Industries N.V. is a multinational chemical company incorporated in the Netherlands with U.S. operations headquartered in Houston, Texas, and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene, propylene, polyolefins, and oxyfuels. LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion. As of 2016, Lyondell was the third largest independent chemical manufacturer in the United States. History Early history Since its establishment in 1985 from facilities belonging to the Atlantic Richfield Company (ARCO), the company grew through stock swaps with Occidental Chemicals and Millennium Chemicals in 1997 which formed Equistar Chemicals of which each entity were partners. Lyondell purchased the outstanding shares from each of its partners to gain total control of Equistar which is a wholly owned subsidiary of Ly ...
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Lyondell Houston Sign 2018
LyondellBasell Industries N.V. is a multinational chemical company incorporated in the Netherlands with U.S. operations headquartered in Houston, Texas, and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene, propylene, polyolefins, and oxyfuels. LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion. As of 2016, Lyondell was the third largest independent chemical manufacturer in the United States. History Early history Since its establishment in 1985 from facilities belonging to the Atlantic Richfield Company (ARCO), the company grew through stock swaps with Occidental Chemicals and Millennium Chemicals in 1997 which formed Equistar Chemicals of which each entity were partners. Lyondell purchased the outstanding shares from each of its partners to gain total control of Equistar which is a wholly owned subsidiary of Lyo ...
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Basell Polyolefins
Basell Polyolefins was a joint venture between BASF and Royal Dutch Shell. Leonard Blavatnik's Access Industries acquired it from the venturers for $5.7 billion in August 2005. In 2007, Basell merged with the privately owned US company Lyondell Chemical Company to form LyondellBasell, which went bankrupt in the US in January 2009 and emerged from bankruptcy in April 2010. Basell was the world's largest producer of polypropylene and advanced polyolefins products, the world's largest producer of polyethylene, and a global leader in the development and licensing of polypropylene and polyethylene processes, and a leader in catalysts. Company history Basell's heritage comes from many companies, including BASF, Hercules, Himont, Hoechst, ICI, Montecatini, Montedison and Royal Dutch Shell. However Basell, and then later LyondellBasell, had its origin in a joint venture between BASF and Royal Dutch Shell. Spurred on by the work of Nobel Prize-winning scientists Karl Ziegler and ...
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Access Industries
Access Industries, Inc. is an American privately held multinational industrial group. It was founded in 1986 by businessman Leonard "Len" Blavatnik, who is also its chairman. Access's industrial focus is in four areas: natural resources and chemicals, media and telecommunications, venture capital and real estate. The group invests in the United States, Europe, Israel, and Latin America. It is headquartered in New York, with additional offices in London and Moscow. History Len Blavatnik founded Access Industries in 1986 as an investment company. He attended Harvard Business School while running the company on the side, graduating with an MBA in 1989. Among its early investments, Access Industries helped form the large aluminum producer SUAL in 1996, which later became part of UC RUSAL. In 1997, Access acquired a 40% stake in the Russian oil company TNK. Half of TNK was sold to British Petroleum (BP) to form TNK-BP in 2003, in what was the largest-ever foreign investment in a ...
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Houston Center
Houston Center is a retail and office complex in Downtown Houston, Texas, United States. It is owned by Brookfield Property Partners and Spear Street Capital, LLC, and operated separately by Jones Lang LaSalle (JLL) and Brookfield Property Management. The three towers in Houston Center have almost of Class A office space.Dawson, Jennifer.Crescent trophies on sales block" ''Houston Business Journal''. Friday May 21, 2004. Retrieved on May 10, 2009. The buildings in Houston Center include: * LyondellBasell Tower (formerly 1 Houston Center) * 2 Houston Center * Fulbright Tower (formerly 3 Houston Center) * 4 Houston Center * 5 Houston Center (individually owned) * The Shops in Houston Center (formerly The Park Shops) ** The Shops, built in 1982, is an enclosed shopping mall. * Four Seasons Hotel Houston History Texas Eastern Corporation bought 32 blocks of land in Downtown Houston for $50 million. Texas Eastern razed the existing buildings and proposed building Houston Center, a ...
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List Of Largest Chemical Producers
''Chemical & Engineering News'' publishes an annual list of the world's largest chemical producers by sales, excluding formulated products such as pharmaceutical drugs and coatings. In 2018, sales of the top fifty companies amounted to , an increase of 11.8% compared to the top fifty producers of 2017. The American Chemistry Council estimated that global chemical sales in 2014 rose by 3.7% to . In 2018, DowDuPont, the result of the 2017 merger between Dow Chemical and DuPont, became the world's top chemical producer ending BASF’s 12-year reign as the largest chemical company in the world. However, in April 2019, DowDuPont then split into three separate firms—Dow, DuPont, and Corteva Agriscience. In 2018, more than half of the companies on the list were headquartered in the United States (10), Japan (8) or Germany (5); 18 countries in total were represented. In 2018, Forty-eight of the companies on the list disclosed chemical profits, which totaled , an increase of 1.3% from 2 ...
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Rotterdam
Rotterdam ( , , , lit. ''The Dam on the River Rotte'') is the second largest city and municipality in the Netherlands. It is in the province of South Holland, part of the North Sea mouth of the Rhine–Meuse–Scheldt delta, via the ''"New Meuse"'' inland shipping channel, dug to connect to the Meuse first, but now to the Rhine instead. Rotterdam's history goes back to 1270, when a dam was constructed in the Rotte. In 1340, Rotterdam was granted city rights by William IV, Count of Holland. The Rotterdam–The Hague metropolitan area, with a population of approximately 2.7 million, is the 10th-largest in the European Union and the most populous in the country. A major logistic and economic centre, Rotterdam is Europe's largest seaport. In 2020, it had a population of 651,446 and is home to over 180 nationalities. Rotterdam is known for its university, riverside setting, lively cultural life, maritime heritage and modern architecture. The near-complete destruction ...
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Occidental Petroleum
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States, and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is organized in Delaware and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000. History *1920: Occidental Petroleum was founded in California. *1957: Armand Hammer was elected president and chief executive officer of the company after he acquired a controlling stake in the firm for tax reasons. *1961: The company discovered the Lathrop Gas Field in Lathrop, California. *1960s: The company expanded internationally with operations in Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom. *1965: Occidental won exploration rights in Libya and operated there until all activities were suspended in 1986 after th ...
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Polyolefins
A polyolefin is a type of polymer with the general formula (CH2CHR)n where R is an alkyl group. They are usually derived from a small set of simple olefins (alkenes). Dominant in a commercial sense are polyethylene and polypropylene. More specialized polyolefins include polyisobutylene and polymethylpentene. They are all colorless or white oils or solids. Many copolymers are known, such as polybutene, which derives from a mixture of different butene isomers. The name of each polyolefin indicates the olefin from which it is prepared; for example, polyethylene is derived from ethylene, and polymethylpentene is derived from 4-methyl-1-pentene. Polyolefins are not olefins themselves because the double bond of each olefin monomer is opened in order to form the polymer. Monomers having more than one double bond such as butadiene and isoprene yield polymers that contain double bonds ( polybutadiene and polyisoprene) and are usually not considered polyolefins. Polyolefins are the foundati ...
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ARCO
ARCO ( ) is a brand of gasoline stations currently owned by Marathon Petroleum after BP sold its rights. BP commercializes the brand in Northern California, Oregon and Washington, while Marathon has rights for the rest of the United States and in Mexico. ARCO had been established in 1966 as the "Atlantic Richfield Company", an independent oil and gas company formed after the merger of Atlantic Petroleum and the Richfield Oil Corporation. History From 1966 to 2000, the 'Atlantic Richfield Company', doing business as ARCO, was an independent American oil company with operations in the United States, Indonesia, the North Sea, the South China Sea, and Mexico. After its acquisition of Anaconda Copper Mining Company in 1977, ARCO had owned hard rock mines in several western states, which has created environmental clean-up liabilities to the company to this day even after the mines were closed in the early 1980s. In 2000, BP acquired ARCO for $26.8 billion. ARCO's retail and mark ...
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Millennium Chemicals
Millennium Inorganic Chemicals is a Hunt Valley, Maryland based chemical company. The business was established in 1985. It was a subsidiary of United Kingdom, British conglomerate Hanson plc at one time, but was demerged on 1 October 1996, when it became an independent listed company. It was taken over by Cristal Global, Cristal Chemical Company in 2007, but continues to exist as a wholly owned subsidiary and trading name of Cristal. Millennium Inorganic Chemicals (MIC) is the world’s second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal and MIC operate eight manufacturing plants in six countries and employ more than 3,500 people worldwide. Manufacturing sites are in Baltimore, Maryland; Ashtabula, Ohio; Salvador, Brazil; Stallingborough, United Kingdom; Thann, Haut-Rhin, Thann, France; Yanbu, Saudi Arabia; and Australind, Australia. External linksOfficial site
http://www.cristalglobal.com Chemical companies of the United State ...
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Houston Refining
Houston Refining, formerly known as Lyondell-Citgo Refining (or LCR), is a (July, 2007) refinery located on the Texas Gulf Coast in Houston, covering nearly along the Houston Ship Channel. History The origins of Houston Refining date to 1918 when Harry Sinclair (Sinclair Oil) began building a battery still on the site. As the refinery grew, additional processing units were built to produce lubricants and aromatic chemicals, and with the addition of the fluid catalytic cracker in 1952 and the 736 coker in 1968 the refinery emerged as one of the earliest full-conversion refineries on the Texas Gulf Coast. In 1969 Sinclair Oil was acquired by Atlantic Richfield (Arco). Although Arco was primarily an oil company, the company realized the potential synergies between the Houston refinery and a chemicals complex it owned in nearby Channelview, Texas. To take advantage of this, Arco invested in a major expansion of the refinery that was completed in 1976 and that enabled it to process h ...
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