Be wary, perhaps run screaming. - Principal Engineer LyondellBasell Employee Review

2.0
5 Apr 2010
Recommend
CEO approval
Business outlook

Pros

The salary is competitive, and the benefits are okay. The new engineer training program is excellent, and may make this a decent place for a recent graduate to start. There are many good people within the rank and file of this company. I have heard that the new CEO has made significant changes in upper management, and this is probably a positive change.

Cons

Lyondell was a good place to work. I had respect for its top management. With the acquisition/merger with Basell, that all changed. I feel that LyondellBasell was badly managed. The company was forced into bankruptcy in January 2009 and the CEO "elected to pursue other opportunities" in May. They eliminated about 20 % of their workforce, in an apparently haphazard fashion. I know of several excellent engineers who were let go, while others less competent were retained. The people remaining are stretched way too thin. From what I have heard, it has become a stressful and often unpleasant place to work. Perhaps the new (current) CEO has started to turn things around, and perhaps the company will become a better place to work after the bankruptcy is settled. Or perhaps not.

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

avatar
LyondellBasell Response
4d
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.
3.0
7 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great experience and well known chemical manufacturing, minimal layoff since org continuously runs lean, in office environment with heavy commute for most

Cons

Lower pay offering versus their competitors in chemical commodities or O&G, long hours expected for salary employees, extremely lean organization

avatar
LyondellBasell Response
4d
Thank you for your review and for highlighting both the strengths and areas for improvement at LYB. We’re committed to ongoing improvement across the organization and will ensure your comments are part of that process.
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