LyondellBasell Inks Agreements as a Step Toward Energy Transition

LyondellBasell Industries N.V. (LYB) recently signed two significant power purchase agreements (PPAs) in Europe to reduce greenhouse gas emissions. The PPAs will help stabilize energy costs and make renewable energy more attractive compared to fluctuating fossil fuel prices. Establishing renewable energy in the mainstream domain is made possible by increasing the use of renewable energy in a value-accretive way. This will not only help LYB reduce its carbon footprint but also support customers’ ability to m ...