LyondellBasell (NYSE: LYB) today announced the launch of a suite of products 
under the name Circulen enabling brand owners to improve the sustainability of 
consumer products. This announcement marks the next step in LyondellBasell 
delivering on its sustainability goal of producing and marketing two million 
metric tons of recycled and renewable-based polymers annually by 2030, which is 
one of the most ambitious goals in the industry. 

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The LyondellBasell Circulen product family supports the reduction of plastic 
waste through the use of recycled content, and a lower carbon footprint through 
the use of renewable-based content as compared to feedstock from fossil-based 
sources. The Circulen product portfolio includes:

  -- CirculenRecover polymers are made from plastic waste through a 
     mechanical recycling process; 
  -- CirculenRevive polymers are made using an advanced (molecular) 
     recycling process to convert plastic waste into feedstock to produce 
     new polymers, which have a wide range of uses; and 
  -- CirculenRenew polymers are made from renewable feedstocks such as 
     used cooking oil, which have a wide range of uses.

To help achieve the company's ambitions, LyondellBasell is implementing a 
multi-pronged approach to advance the circular economy by bringing sustainable 
solutions to life. 

"With the new Circulen product portfolio, we are taking concrete action to 
advance the circular economy today, innovate for the future and partner across 
the value chain," said Ken Lane, LyondellBasell Executive Vice President Global 
Olefins and Polyolefins. "Our ambition is bold, yet necessary, and we are 
committed to doing our part to help address the global challenges of plastic 
waste in the environment and climate change while meeting customer and brand 
owner needs."

The launch of the new Circulen portfolio follows several recent announcements 
focused on LyondellBasell's circular economy ambitions:

  -- Expanding the Quality Circular Polymers mechanical recycling joint 
     venture portfolio to include both post-consumer and post-industrial 
     recycled plastic; 
  -- Extending future innovation in advanced (molecular) recycling 
     with LyondellBasell's MoReTec technology and the start-up of a 
     pilot facility; 
  -- Utilizing renewable-based feedstocks comprised of waste and cooking oils 
     to produce plastic products that help reduce CO2 over the product life 
     cycle;and 
  -- Securing International Sustainability and Carbon Certification (ISCC) 
     PLUS certification of our European cracker and polymer sites.

The LyondellBasell Circulen portfolio is currently available in Europe and will 
soon be introduced in North America and China. Circulen products are presently 
used in the new Samsonite Magnum Eco suitcase line, and garden equipment (e.g., 
watering cans). For more information on Circulen, click here ( 
https://c212.net/c/link/?t=0&l=en&o=3122689-1&h=179811351&u=http%3A%2F%2Fwww.lyondellbasell.com%2Fcirculen&a=click+here 
).

About LyondellBasell

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and 
refining companies in the world. Driven by its 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, improving the safety, comfort and fuel 
efficiency of many of the cars and trucks on the road, and ensuring the safe 
and effective functionality in electronics and appliances. LyondellBasell sells 
products into more than 100 countries and is the world's largest producer of 
polypropylene compounds and the largest licensor of polyolefin technologies. In 
2021, LyondellBasell was named to FORTUNE Magazine's list of the "World's Most 
Admired Companies" for the fourth consecutive year. More information about 
LyondellBasell can be found at www.lyondellbasell.com.

Source:   LyondellBasell

MEDIA INQUIRIES: Email: mediarelations@lyb.com, Phone : +1-713-309-7575