Company owned by venture capatilist only interested in profits at all costs. - Anonymous employee LyondellBasell Employee Review

1.0
14 Mar 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

the chemical company evolved from filing for bankruptcy protection in 2009 to being a profitable, expanding operation. Focused on expanding existing facilities rather than building new plants. It is also upgrading facilities in Texas and Europe.

Cons

Company has outsourced much of IT and reduced R&D beyonf reasonable levels. What employees remain are relied to cover more than their share of a departments needs, overlooking the need to re-train or replace struggling personal. Due to the nature of the company structure, with employees spread out across the globe there are some major break downs in communications. Systems and infrastructure are way behind similar companies. Favoritism is shown toward certain employees regardless of merit.

Explore other reviews about LyondellBasell

5.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

Great team, good benefits, good pay

Cons

None, maybe a little busy

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LyondellBasell Response
1w
Thank you so much for the kind comments! At LYB, we strive to champion people, and feedback like yours emphasizes the importance of that commitment.
4.0
15 June 2026
Recommend
CEO approval
Business outlook

Pros

Decent pay Flexible work life balance

Cons

Leadership is lacking in guiding individual growth of employees

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