LyondellBasell Partners with Shiseido, Futamura, and Iwatani for Sustainable Packaging Solution

LyondellBasell Industries N.V. (LYB) has partnered with Futamura Chemical, Iwatani Corporation, and Shiseido to develop a sustainable bio-based film packaging solution for Shiseido's Clé de Peau Beauté line. The packaging series will incorporate LYB's CirculenRenew bio-based polypropylene polymer, which has certified C14 renewable content. The initiative aligns with LYB's environmental targets and Shiseido's corporate mission to achieve a carbon-neutral society by 2030. LYB stock has lost 37.6% over the past year compared to the industry's 18% decline.