News | Chemical industry
Published on: 29. October 2025

Chemistry: Alliance for Critical Chemicals seeks members

LyondellBasell is a global corporation based in Wesseling near Cologne and is today the third-largest chemical company in the world. LYB produces high-quality plastics as raw materials for countless products. Its "crackers" are as powerful as they are essential for plastics production. The company is also a market leader in the production of polyolefins.
Crackers produce olefins and other critical chemicals for many goods. (picture alliance / SZ Photo | Eduard Fiegel)

In addition to rare earths, chemicals are also critical for many value chains. As those critical chemicals are gradually being lost in the EU, companies are now encouraged to join forces in a new alliance.

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Last updated: 29. October 2025

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