LyondellBasell named one of World’s Most Admired Companies
LyondellBasell in Jackson, Tennessee.
LyondellBasell (NYSE: LYB), the operator of the Jackson Plant in Jackson, TN, has been named to Fortune Magazine’s list of the “World’s Most Admired Companies” for 2018. This is a first-time achievement for LyondellBasell, one of the world’s largest plastics, chemicals and refining companies.
“The idea that our local contributions in Jackson can contribute to this prestigious recognition, which places us among some of the most well-known and well-regarded companies in the world, is humbling,” said Rebecca White, the manager of LyondellBasell’s Jackson Plant.
LyondellBasell CEO Bob Patel noted, “This recognition can be 100 percent attributed to our teams in Jackson, and around the world who are setting the benchmark for excellence in the chemical industry every single day. They are humble, hungry and focused on delivering on the promise of being the best operated, most valued company in our industry.”
The list, which is voted on by industry peers, including executives, directors and financial analysts, sought feedback on the company’s performance in nine key areas – the ability to attract and retain talent, the quality of management, social responsibility, innovation, quality of products and services, use of corporate assets, financial soundness, long-term investment value and global competitiveness.
About LyondellBasell’s Jackson Plant The Jackson PP Compound Plant covers approximately 26 acres, contains a 127,000 square foot building, a rail spur, container yard, and employs 106 people. The Jackson plant combines polypropylene resin with other materials to enhance the physical properties and prepare them for specific customer applications, such as parts for interior and exterior automotive applications and home appliances.
About LyondellBasell LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its 13,000 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, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell sells products into approximately 100 countries and is the world's 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 LyondellBasell.com