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MoReTec Technology : LyondellBasell’s Bold Stand: How Relentless Innovation and MoReTec Technology Are Powering a Fearless Sustainability Revolution in Plastics, Turning Global Challenges Into Unstoppable Opportunities for a Cleaner, Smarter Future 11-10-2025

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LyondellBasell Holds Firm on Sustainability and Innovation with MoReTec Technology

Staying Committed in a Changing Market

Despite a complex and shifting global market, LyondellBasell continues to demonstrate its unwavering commitment to sustainability.
Yvonne van der Laan, Executive Vice President of Circular and Low Carbon Solutions, reaffirmed that the company’s three-pillar strategy remains intact.

“Our strategy hasn’t changed,” van der Laan said during the October 8 press event at K 2025. “We’re following the same three pillars — ending plastic waste, taking climate action, and supporting a thriving society.”

This steadfast approach positions LyondellBasell as a leader in sustainable plastics, combining innovation, strategic partnerships, and advanced recycling technologies to accelerate a circular economy.


The Three Pillars of Sustainability

1. Ending Plastic Waste

LyondellBasell is scaling up circular solutions that recover, recycle, and reuse plastic waste through advanced processes. MoReTec Technology
By expanding chemical recycling facilities and working closely with global partners, the company aims to close the loop on plastic use — making high-quality materials that can be endlessly reused without compromising performance.

2. Taking Climate Action

With a growing emphasis on decarbonization and energy efficiency, the company continues to invest in lower-emission technologies and renewable energy sources.
LyondellBasell’s climate strategy is not just about meeting regulatory targets — it’s about transforming the company’s operating model for long-term sustainability.

3. Supporting a Thriving Society

Beyond technology and operations, LyondellBasell focuses on safety, community well-being, and workforce development.
These initiatives ensure that progress in sustainability translates into real social and environmental impact. MoReTec Technology


Driving Circular Solutions Through Innovation

At K 2025, LyondellBasell showcased a broad portfolio of circular and low-carbon solutions, with applications across packaging, healthcare, automotive, and modern living sectors.

From food-contact materials to medical-grade polymers and electric vehicle components, the company’s innovations are designed to meet today’s most demanding sustainability challenges.

A cornerstone of this strategy is the company’s investment in MoReTec technology, a proprietary chemical recycling process that transforms used plastics into new feedstocks. This innovation allows the company to manufacture high-quality recycled materials that match the performance of virgin plastics — a key requirement for brand owners striving to meet their own sustainability targets. MoReTec Technology


Building the Future: The Wesseling Recycling Plant

In Wesseling, Germany, LyondellBasell is constructing a state-of-the-art chemical recycling facility with an annual processing capacity of 50,000 metric tons (approximately 110 million pounds).
This plant will leverage MoReTec technology to convert post-consumer plastic waste into valuable raw materials. Construction began in September 2024, with operations expected to start in 2026.

The Wesseling project reflects a crucial step in scaling up circular economy infrastructure across Europe. It also demonstrates how advanced technologies can turn previously unrecyclable plastics into sustainable feedstocks. MoReTec Technology


Navigating Market Transitions with Strategic Restructuring

Market pressures have encouraged LyondellBasell to streamline its asset base and strengthen its long-term growth strategy.
In June, the company entered negotiations to sell four European production sites — located in Berre (France), Münchsmünster (Germany), Carrington (England), and Tarragona (Spain) — to German investment firm AEQUITA.

These facilities collectively represent 2.1 billion pounds of polypropylene and 700 million pounds each of high- and low-density polyethylene capacity.

As part of the proposed agreement, LyondellBasell would contribute approximately $300 million to a new AEQUITA-formed company, while AEQUITA would provide $11.5 million in cash and assume around $170 million in liabilities. The transaction includes a potential earnout of up to $114 million for LyondellBasell. MoReTec Technology

CEO Peter Vanacker described the deal as “a significant step in LYB’s transformation to grow and upgrade our core,” noting that Europe remains an essential market for the company.


Strengthening the U.S. Footprint

In parallel, LyondellBasell announced the sale of four U.S. resin powder plants — in Allentown (PA), East Chicago (IN), China (TX), and Grand Junction (TN) — to Niche Polymer LLC, a Columbia, Maryland–based firm.
Niche Polymer plans to consolidate these assets into a new entity named Specialty Powders LLC, streamlining production and enhancing efficiency.

This restructuring allows LyondellBasell to focus resources on circular and low-carbon innovation, particularly in technologies such as MoReTec and bio-based materials that align with the company’s sustainability pillars. MoReTec Technology


Strategic Partnerships in Bio-Based Packaging

LyondellBasell’s sustainability leadership extends far beyond recycling. In September 2025, the company announced a groundbreaking partnership with three Japanese firms — Futamura Chemical Co., Iwatani Corp., and Shiseido Co. — to create bio-based film packaging.

The collaboration supports Shiseido’s Clé de Peau Beauté luxury brand, using Circulen Renew, LyondellBasell’s line of bio-based polypropylene.
Futamura has also adopted Circulen Renew in its SusFi sustainable film range. These materials act as drop-in solutions, allowing manufacturers to replace fossil-based feedstocks without changing their existing production lines.

By advancing bio-based polymers alongside chemical recycling, LyondellBasell is reinforcing a dual-track approach to sustainability: reducing waste while lowering carbon intensity across the plastics value chain.


Achieving Operation Clean Sweep Blue Certification

LyondellBasell’s dedication to responsible production is reflected in its recent achievement of Operation Clean Sweep (OCS) Blue verification for three of its Texas plants — in La Porte, Matagorda, and Victoria.

OCS, an initiative launched in 1991 by the Plastics Industry Association and managed in partnership with the American Chemistry Council, is the industry’s highest standard for preventing resin loss into the environment.

These facilities produce HDPE, LDPE, and LLDPE, all essential resins for global packaging and infrastructure markets.
The OCS Blue certification confirms that LyondellBasell’s facilities have implemented best practices to prevent pellet loss, enhance employee training, and ensure compliance with environmental standards.


Scaling Circular Solutions Globally

LyondellBasell’s global sustainability roadmap is guided by the principle that innovation drives circularity.
Through MoReTec technology and partnerships across Europe, Asia, and North America, the company is rethinking the entire plastics lifecycle — from design and manufacturing to reuse and recycling.

Each investment reinforces the company’s belief that sustainability and profitability are not mutually exclusive.
By turning waste into value, LyondellBasell is not only reducing its environmental footprint but also meeting the growing demand from customers seeking reliable, circular materials.

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