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Yvonne van der Laan honored with 2024 Winthrop-Sears medal

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LyondellBasell (NYSE: LYB) announced that Yvonne van der Laan, executive vice president of circular and low carbon solutions, has received the prestigious Winthrop-Sears medal from The Chemists' Club. The award recognizes her contributions to sustainable innovation and the chemical industry.

Van der Laan has led LYB's advancement in waste value extraction and circular economy promotion, notably through the proprietary MoReTec technology, which achieves 80% plastic-to-plastic yield with low energy intensity. The company is constructing its first commercial-scale MoReTec unit in Wesseling, Germany, scheduled for 2026 operations.

Since 2022, LYB's CLCS business has expanded through strategic acquisitions, including APK in Germany and a mechanical recycling facility in California, strengthening its recycled and renewable feedstocks network.

LyondellBasell (NYSE: LYB) ha annunciato che Yvonne van der Laan, vicepresidente esecutivo delle soluzioni circolari e a basse emissioni di carbonio, ha ricevuto la prestigiosa medaglia Winthrop-Sears dal Chemists' Club. Questo riconoscimento premia il suo contributo all'innovazione sostenibile e all'industria chimica.

Van der Laan ha guidato i progressi di LYB nell'estrazione di valore dai rifiuti e nella promozione dell'economia circolare, in particolare attraverso la tecnologia proprietaria MoReTec, che raggiunge un rendimento dell'80% nella trasformazione della plastica in plastica con bassa intensità energetica. L'azienda sta costruendo la sua prima unità MoReTec su scala commerciale a Wesseling, in Germania, prevista per entrare in operazione nel 2026.

Dal 2022, il business di CLCS di LYB si è espanso attraverso acquisizioni strategiche, inclusa APK in Germania e un impianto di riciclaggio meccanico in California, rafforzando la sua rete di materie prime riciclate e rinnovabili.

LyondellBasell (NYSE: LYB) anunció que Yvonne van der Laan, vicepresidenta ejecutiva de soluciones circulares y de bajo carbono, ha recibido la prestigiosa medalla Winthrop-Sears del Chemists' Club. Este premio reconoce sus contribuciones a la innovación sostenible y a la industria química.

Van der Laan ha liderado el avance de LYB en la extracción de valor de residuos y en la promoción de la economía circular, notablemente a través de la tecnología propietaria MoReTec, que logra un rendimiento del 80% en la conversión de plástico a plástico con baja intensidad energética. La compañía está construyendo su primera unidad MoReTec a escala comercial en Wesseling, Alemania, programada para iniciar operaciones en 2026.

Desde 2022, el negocio de CLCS de LYB ha crecido a través de adquisiciones estratégicas, incluyendo APK en Alemania y una instalación de reciclaje mecánico en California, ampliando su red de materias primas recicladas y renovables.

리온델바젤 (NYSE: LYB)는 순환 저탄소 솔루션의 부사장인 이본 반 더 란(Yvonne van der Laan)이 화학자 클럽(The Chemists' Club)에서 권위 있는 윈트로프-시어스 메달을 수여받았다고 발표했습니다. 이 상은 그녀의 지속 가능한 혁신 및 화학 산업에 대한 기여를 인정합니다.

반 더 란은 LYB의 폐기물 가치 추출 및 순환 경제 촉진에서 주도적인 역할을 해왔으며, 특히 낮은 에너지 집약도로 플라스틱-투-플라스틱 수율 80%를 달성하는 독점 기술인 MoReTec 기술을 통해 이를 실현했습니다. 이 회사는 2026년 가동을 목표로 독일 베셀링(Wesseling)에 첫 상업 규모 MoReTec 유닛을 건설하고 있습니다.

2022년부터 LYB의 CLCS 사업은 독일의 APK 및 캘리포니아의 기계적 재활용 시설을 포함한 전략적 인수를 통해 확장되어, 재활용 및 재생 가능한 원료 네트워크를 강화하고 있습니다.

LyondellBasell (NYSE: LYB) a annoncé qu'Yvonne van der Laan, vice-présidente exécutive des solutions circulaires et à faible émission de carbone, a reçu la prestigieuse médaille Winthrop-Sears du Chemists' Club. Ce prix reconnaît ses contributions à l'innovation durable et à l'industrie chimique.

Van der Laan a dirigé les avancées de LYB dans l'extraction de valeur des déchets et la promotion de l'économie circulaire, notamment grâce à la technologie propriétaire MoReTec, qui atteint un rendement de 80 % en matière de transformation du plastique en plastique avec une faible intensité énergétique. L'entreprise est en train de construire sa première unité MoReTec à l'échelle commerciale à Wesseling, en Allemagne, prévue pour 2026.

Depuis 2022, les activités de CLCS de LYB se sont élargies grâce à des acquisitions stratégiques, notamment APK en Allemagne et une installation de recyclage mécanique en Californie, renforçant ainsi son réseau de matières premières recyclées et renouvelables.

LyondellBasell (NYSE: LYB) gab bekannt, dass Yvonne van der Laan, Executive Vice President für kreisförmige und kohlenstoffarme Lösungen, die prestigeträchtige Winthrop-Sears-Medaille vom Chemisten-Club erhalten hat. Die Auszeichnung würdigt ihre Beiträge zur nachhaltigen Innovation und zur chemischen Industrie.

Van der Laan hat die Fortschritte von LYB in der Wertstoffrückgewinnung und der Förderung der Kreislaufwirtschaft geleitet, insbesondere durch die proprietäre MoReTec-Technologie, die eine 80%ige Kunststoff-zu-Kunststoff-Ausbeute bei geringer Energieintensität erreicht. Das Unternehmen errichtet derzeit seine erste kommerzielle MoReTec-Anlage in Wesseling, Deutschland, die für den Betrieb im Jahr 2026 geplant ist.

Seit 2022 hat sich das CLCS-Geschäft von LYB durch strategische Akquisitionen, einschließlich APK in Deutschland und einer mechanischen Recyclinganlage in Kalifornien, erweitert und dabei sein Netzwerk an recycelbaren und erneuerbaren Rohstoffen gestärkt.

Positive
  • Development of proprietary MoReTec technology with 80% plastic-to-plastic yield efficiency
  • Construction of first commercial-scale MoReTec unit in Germany
  • Strategic expansion through acquisitions of APK and Jurupa Valley recycling facility
  • Building global network for recycled and renewable feedstocks
Negative
  • None.

Distinction recognizes top innovators and entrepreneurs in the world of chemistry

HOUSTON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced that Yvonne van der Laan, executive vice president of circular and low carbon solutions (CLCS), has been awarded the prestigious Winthrop-Sears medal by The Chemists' Club. The accolade was presented during the annual Egg Nog Gala held in New York City on Dec. 5. Established in 1970, the Winthrop-Sears medal recognizes individuals whose entrepreneurial achievements have contributed to the vitality of the chemical industry and the betterment of humanity.

"I am proud to accept this medal on behalf of my wonderful colleagues at LyondellBasell," remarked van der Laan during the annual ceremony. "While they may not be here with us tonight, I want them to know this award is a celebration of their invaluable contributions to sustainable innovation."

Van der Laan, a seasoned industry leader, has positioned LYB as a pioneer in unlocking the value of waste and promoting a circular economy for plastics through innovation. One of the company's notable advancements is the proprietary MoReTec technology, an advanced recycling process with an 80% plastic-to-plastic yield*, low energy intensity and the capability to operate on 100% renewable electricity. LYB recently laid the foundation for the first commercial-scale MoReTec unit at its Wesseling plant in Germany, which is expected to start operations in 2026.

“Our investment in the MoReTec technology demonstrates our significant work to lead the transition toward a more circular economy," she added. "We are building a competitive advantage in the undersupplied market for sustainable, low carbon solutions to create value for our customers and shape the future for our industry."

“Yvonne’s achievements are a testament to the dedication and pioneering spirit of LyondellBasell in sustainable innovation,” said Dr. Roland Stefandl, president of The Chemists’ Club. “The Winthrop-Sears medal recognizes those who positively impact society through chemistry, and Yvonne exemplifies this, demonstrating LyondellBasell’s leadership in advancing essential lower-carbon solutions.” 

Since its establishment in 2022, the LYB CLCS business has been building a robust network for global supplies of recycled and renewable feedstocks, along with sortation and mechanical recycling capabilities. Recent acquisitions, including the solvent-based recycling company APK in Germany and a mechanical recycling facility in Jurupa Valley, California, further strengthen the company's commitment to circular and low carbon solutions.

*Yield depends on the quality of the waste plastic feedstock and is defined as the percentage of waste plastic (with >85% polyolefin feed) converted into usable products (pyrolysis oil and gas).

About LyondellBasell
We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.LyondellBasell.com or follow @LyondellBasell on LinkedIn.

Forward-Looking Statements
The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially based on factors including, but not limited to, our ability to meet our sustainability goals, including the ability to increase production of recycled and renewable-based polymers to meet our targets and forecasts, and reduce our emissions and achieve net zero emissions by the time set in our goals; our ability to build a profitable circular and low carbon solutions business; and the successful construction within the anticipated timing, and operation of the facilities described in this release. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2023, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov.

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FAQ

What is LyondellBasell's MoReTec technology yield rate?

LyondellBasell's MoReTec technology achieves an 80% plastic-to-plastic yield, depending on waste plastic feedstock quality, with low energy intensity and capability to operate on 100% renewable electricity.

When will LYB's first commercial-scale MoReTec unit start operations?

LyondellBasell's first commercial-scale MoReTec unit at the Wesseling plant in Germany is expected to start operations in 2026.

What recent acquisitions has LYB made in recycling?

LyondellBasell has acquired APK, a solvent-based recycling company in Germany, and a mechanical recycling facility in Jurupa Valley, California.

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