blished customers under annual contracts or on a spot basis and is also sold through distributors. The company’s polyolefins are transported in Europe primarily by railcar or truck. The company’s regional sales offices are in various locations, including the Netherlands, Hong Kong, China, India, Australia, and the United Arab Emirates. The company also operates through a worldwide network of local sales and representative offices in Europe, Asia, and Africa. The company’s joint ventures typically manage their domestic sales and marketing efforts independently, and the company typically operates as their agent/distributor for all or a portion of their exports. Joint Venture Relationships: The company participates in various manufacturing joint ventures in Saudi Arabia, Thailand, Poland, Australia, Japan, and South Korea. I&D This segment produces and markets PO and its co-products and derivatives; acetyls including methanol, ethylene oxide (EO) and its derivatives; ethanol; and oxyfuels (methyl tertiary butyl ether (MTBE) and ethyl tertiary butyl ether (ETBE)). PO co-products include styrene monomer and tertiary butyl alcohol (TBA), most of which is used to make oxyfuels, isobutylene and tertiary butyl hydro peroxide. TBA and its products other than oxyfuels are sometimes referred to as C4 chemicals. PO derivatives include propylene glycol, propylene glycol ethers, and butanediol. Sales and Marketing/Customers: The company sells most of its styrene monomer production into the North American, European, Asian, and South American export markets through spot sales and contracts. The company sells its MTBE and ETBE production under market and cost-based sales agreements and in the spot market. Sales of MTBE, ETBE, acetyls, PO and PO co-products and derivatives are made by the company’s marketing and sales personnel, and also through distributors and independent agents in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Joint Venture Relationships: The company has two PO joint ventures with Covestro AG (the new holding company under which Bayer AG consolidated its polymer activities), one in the U.S. and one in Europe. The company operates four of its U.S. operating units for the U.S. PO joint venture. The company also has joint venture manufacturing relationships in China. These ventures provide the company with additional production capacity of approximately 115 million pounds of PO. Refining This segment refines heavy, high-sulfur crude oil and other crude oils of varied types and sources available on the U.S. Gulf Coast into fuel products, including gasoline and distillates (diesel and jet fuels). The company’s Houston refinery, which is located on the Houston Ship Channel in Houston, Texas, has a heavy, high-sulfur crude oil processing capacity of approximately 268,000 barrels per day on a calendar day basis (normal operating basis), or approximately 292,000 barrels per day on a stream day basis (maximum achievable over a 24 hour period). The Houston refinery is a full conversion refinery designed to refine heavy, high-sulfur crude oil. Sales and Marketing/Customers: The Houston refinery’s products primarily are sold in bulk to other refiners, marketers, distributors and wholesalers. Technology This segment develops and licenses chemical, polyolefin and other process technologies; and provides associated engineering and other services. This segment also develops, manufactures and sells polyolefin catalysts. The company markets its process technologies and its polyolefin catalysts to external customers, and also uses them in its own manufacturing operations. The company’s polyolefin process licenses are structured to provide a standard core technology, with individual customer needs met by adding customized modules that provide the required capabilities to produce the defined production grade slate and plant capacity. In addition to the basic license agreement, a range of services could be provided, including project assistance; training; assistance in starting up the plant; and ongoing technical support after start-up. The company might also offer marketing a
lyondellbasell indu-cl a (LYB:New York)
1221 McKinney Street
Houston, TX 77010
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