Valued at a market cap of $24.3 billion, LyondellBasell Industries N.V. (LYB) is a chemical company creating solutions for everyday sustainable living internationally. Based in Houston, Texas, the company operates in six segments: Olefins and Polyolefins-Americas; Olefins and Polyolefins-Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.
Companies valued at $10 billion or more are generally described as “large-cap” stocks and LyondellBasell Industries fits this criterion perfectly. The multinational corporation is one of the world's largest producers of polymers and a leader in polyolefin technologies through advanced technology and focused investments.
