Chemical Marketing & Economics honors LyondellBasell CEO Peter Vanacker with STEM Leadership Award for Corporate Reinvention
LyondellBasell (NYSE: LYB) and Chemical Marketing & Economics, Inc. (CME) today announced that Peter Vanacker, LYB CEO, will receive the CME STEM Leadership Award™ for Corporate Reinvention on Dec. 11, 2026 in New York City. The other honorees will be Omar Yaghi, 2025 Nobel Laureate in Chemistry (Extraordinary Fundamental Research) and Ann Ziff, Chairman of the Metropolitan Opera Board (Lifetime Achievement).
LYB is a leader in the global chemical industry, guided by its purpose of creating solutions for everyday sustainable living. The company is one of the world’s largest producers of polymers and a leader in polyolefin technologies.
“Peter Vanacker exemplifies corporate reinvention at the highest level, demonstrating how disciplined strategy and visionary leadership can reshape an entire enterprise,” said CME Co-Chair Shah Karim. “Through initiatives focused on value enhancement, portfolio optimization and bold expansion of circular solutions, he has positioned the company for enduring value creation and industry leadership,” added CME Co-Chair and Legal Counsel Ksenia Takhistova. “He champions the essential connection between science, engineering, and sustainable growth – recognizing that transformative leaders accelerate the breakthroughs our world depends on,” said STEM Leadership Awards founder and ACS Fellow George Rodriguez.
“Reinvention is about building a company that can create value through change,” said LYB CEO Peter Vanacker. “At LYB, we continue to strengthen our portfolio, advance circular and low-carbon solutions at the right pace, and develop the capabilities and STEM talent pipeline needed to shape the future of our industry. I am honored by this recognition from CME and grateful to the LYB teams whose resilience and commitment make our progress possible.”
Under Vanacker’s leadership as LYB CEO, the company has remained anchored in its long-term strategy through a volatile market cycle, balancing disciplined near-term actions with a clear focus on long-term value creation. By upgrading its core businesses, taking decisive portfolio actions and preserving flexibility for future growth, LYB continues to position the business for enduring performance and industry leadership.
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