The Clinton Complex of LyondellBasell, one of the world’s largest plastics, chemicals, and refining companies, celebrated its Golden Jubilee commemorating the plant’s rich history and the substantial economic impact it has had on Clinton, IA.
Bob Patel, the CEO of LyondellBasell, said, “I am so proud of the men and women who have come through the doors here, who have built careers and raised generations of families in this community. I want to thank all of the staff, past and present, who have made today possible and my gratitude to the city of Clinton, the great state of Iowa and the leaders here today that have supported common sense policies that allow businesses to grow and thrive.”
The Clinton Chamber of Commerce celebrated the 50th anniversary by cutting a ribbon recognizing the investment LyondellBasell recently made into a centralized operations center at an investment of nearly $50 million in its operations center featuring a state-of-the-art control room, maintenance shops and testing laboratory with the most modern cutting-edge equipment in the industry.
Kim Reynolds, Iowa Governor, said, “LyondellBasell’s impact extends beyond Clinton to the entire state of Iowa. For fifty years, they’ve been a solid contributor to our economy’s billion-dollar manufacturing industry. Iowa can depend on them to continue to advance the products and packaging the entire world.”
The economic growth of the Clinton community with expansions in the last 50 years has increased to more than three times the original planned capacity from 380 million pounds to 1200 million pounds per year. Their most recent expansion has been of 100 MM pounds increase in the capacity.
Every year, the Clinton Complex generates about $180 million in revenue. In 2017, the site contributed more than $50,000 to support the areas of health, safety, education and the environment.