LyondellBasell (NYSE: LYB), the operator of the Tuscola Plant in Tuscola has been named to Fortune Magazine’s list of the “World’s Most Admired Companies” for 2018. This is a first-time achievement for LyondellBasell, one of the world’s largest plastics, chemicals and refining companies.
“We all contribute to the company in different ways,” said Aaron McKee, the manager of LyondellBasell’s Tuscola Plant. “Our employees are thrilled to contribute locally to this honor. It invigorates us to continue to work safely and thoughtfully as a community leader in Tuscola.”
LyondellBasell CEO Bob Patel noted, “This recognition can be 100 percent attributed to our teams in Tuscola and around the world who are setting the benchmark for excellence in the chemical industry every single day. They are humble, hungry and focused on delivering on the promise of being the best operated, most valued company in our industry.”
The list, which is voted on by industry peers, including executives, directors and financial analysts, sought feedback on the company’s performance in nine key areas – the ability to attract and retain talent, the quality of management, social responsibility, innovation, quality of products and services, use of corporate assets, financial soundness, long-term investment value and global competitiveness.