LyondellBasell Honored by Junior Achievement with the US President's Volunteer Service Award

Mar 11, 2016, 17:35 ET from LyondellBasell

HOUSTON, March 11, 2016 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced that it has been honored with the U.S. President's Volunteer Service Silver Award for donating 10,000 volunteer hours to Junior Achievement (JA) in the 2014-2015 school year. The company was recently recognized at a special awards ceremony held in New York City.

"At LyondellBasell, a key part of our mission is being a responsible, good neighbor in the communities where we operate. Partnering with Junior Achievement has been a great experience for our company because it gives our team a real opportunity to directly share knowledge and skills that are so important for future success," said Bob Patel, LyondellBasell's CEO and chairman of the management board. "I am grateful for the opportunity to serve on JA's board of directors for Southeast Texas, but more importantly, for the employees who gave of their time to serve as JA mentors and positive role models."

In addition to donating 10,000 volunteer hours, LyondellBasell contributed a total of $111,485 to Junior Achievement this past school year. Approximately 265 LyondellBasell employees at company sites across the country taught financial literacy skills and entrepreneurship, and inspired students from kindergarten to high school to reach their greatest potential.

"Junior Achievement volunteers are important mentors for young people, bringing our programs to life. JA volunteers share their experiences and skills with students while delivering our programs, teaching them how to manage their money, succeed in the workforce, or start a business that creates jobs and helps the economy grow. JA's volunteers are critical to our organization's success and are a vital part of our mission," said Rick Franke, JA of Southeast Texas President.

President George W. Bush established the President's Council on Service and Civic Participation in 2003 to recognize the valuable contributions volunteers make in communities and to encourage more people to serve. The Council created the President's Volunteer Service Award program as a way to thank and honor Americans who, by their demonstrated commitment and example, inspire others to engage in volunteer service. In 2006, Junior Achievement became an official certifying organization for this award, which recognizes corporations with a U.S. presence that provide volunteers to teach JA programs anywhere in the world.

About Junior Achievement USA® (JA) Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school essential experience and skills in financial literacy, work readiness, and entrepreneurship. Today, JA reaches 4.6 million students per year in 112 markets across the United States, with an additional 5.6 million students served by operations in 121 other countries worldwide. Visit www.ja.org for more information.

About LyondellBasell LyondellBasell (NYSE: LYB) is one of the world's largest plastics, chemical and refining companies and a member of the S&P 500 Index. LyondellBasell (www.lyb.com) manufactures products at 55 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world, including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.

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SOURCE LyondellBasell



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