Sergey Vasnetsov Named Senior Vice President Strategic Planning and Transactions

August 10, 2010

ROTTERDAM, Netherlands, Aug. 10 /PRNewswire/ -- LyondellBasell Industries N.V. today announced that Sergey Vasnetsov has been named Senior Vice President, Strategic Planning and Transactions.  Vasnetsov joins the company from Barclays Capital where he was Managing Director and Head of the Global Chemical Research Group.

Vasnetsov has worked since 1996 at several investment banks providing economic and financial research of the chemical industry.  He has been recognized as one of the leading chemical analysts by the Institutional Investor Magazine in each of 2000-2009 annual investor surveys, and he brings a broad and deep knowledge of the global chemical industry.

Vasnetsov has a master of science in Kinetics and Catalysis from the University of Novosibirsk, Russia.  He was a George Soros Scholar at Oxford University (UK) and later earned an MBA in finance from Rutgers University.  He started his industrial career as a senior chemist at Union Carbide.

LyondellBasell is one of the world's largest plastics, chemical and refining companies.  The company manufactures products at 59 sites in 18 countries.  LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive components, home furnishings, construction materials and biofuels.  More information about LyondellBasell can be found at www.lyondellbasell.com.

Media Contact:     David A. Harpole +1 713-309-4125

SOURCE LyondellBasell Industries