WASHINGTON, Feb. 5, 2018 /PRNewswire-USNewswire/ — The American Chemistry Council (ACC) announced today that Bob V. Patel, Chief Executive Officer of LyondellBasell Industries became the Council’s Chairman of the Board effective January 1, 2018. LyondellBasell is one of the largest plastics, chemicals, and refining companies in the world.
“Advancing the understanding, value, and need for science- and risk-based decision-making in both the marketplace and public policy is central to our mission at ACC,” said ACC President and CEO Cal Dooley. “As chief executive of one of the world’s largest plastics, chemicals, and refining companies, Bob possesses the insight and expertise to drive the continued expansion and prosperity of American chemistry in a global manufacturing future. His fiscal, strategic, and operational discipline; together with his leadership, will help ensure ACC’s continued success as we navigate an increasingly challenging political and regulatory environment.”
Mr. Patel will chair his first ACC board meeting at the Council’s Washington, DC headquarters on February 7, 2018. He became an officer of the organization in 2016 and served as vice chairman of the board and chairman of the board Finance, Audit, and Membership Committee. Last year he served as chairman of the Executive Committee. Mr. Patel was first elected to ACC’s board of director’s in 2015, during which time he served as a member of the executive committee.
“Our industry is critical to advancing solutions to many of today’s most challenging global issues like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road today,” said Patel. “This is an exciting time and I am honored to help tell our story and advocate for sensible policies that encourage growth and further competitiveness around the world.”
As CEO of LyondellBasell, Mr. Patel has focused on the development and implementation of the next phase of the company’s long-term growth strategy. Mr. Patel has overseen major capacity expansions at the company’s sites in the United States, including the construction of the company’s industry-leading Hyperzone high density polyethylene (HDPE) plant in La Porte, Texas, and the world’s largest propylene oxide and tertiary butyl alcohol (PO/TBA) plant in Channelview, Texas – the largest single investment in the company’s history. Under Mr. Patel’s leadership, in 2018 LyondellBasell was named to Fortune