The American Chemistry Council (ACC) recently announced the appointment of Bhavesh (Bob) V. Patel, the Chief Executive Officer of LyondellBasell Industries, as Chairman of the Council. Patel chaired his first ACC board meeting at the Council’s Washington D.C. headquarters on 7th February 2018.
Patel became an officer of the ACC in 2016 and served as the vice chairman of the board and the chairman of the board Finance, Audit, and Membership Committee. He was first elected to the organization’s board of directors in 2015 when he served as a member of the executive committee and became the chairman of the executive committee last year.
Commenting on his achievement, Patel said, “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. This is an exciting time and I am honoured to help tell our story and advocate for sensible policies that encourage growth and further competitiveness around the world.”
As CEO of LyondellBasell, Patel has focused on the development and implementation of the next phase of the company’s long-term growth strategy. Under Patel’s leadership, LyondellBasell was named to Fortune Magazine’s “World’s Most Admired Companies” list for the first time in 2018.
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.