What is Velogy, and how was it formed?

Velogy is a newly launched European polymers business formed from LyondellBasell’s former European assets, which were sold to investment firm AEQUITA and officially transferred on Friday prior to the Tuesday launch announcement.

Where is Velogy headquartered, and what is its operational footprint?

Velogy is headquartered in Rotterdam, the Netherlands, and operates four plants across France, Germany, Spain, and England; it employs approximately 1,700 people and produces over 150 polymer products distributed in more than 60 countries.

Velogy Launches as New European Polymers Business

May 5, 2026

Velogy launched as a new European polymers business formed from LyondellBasell’s assets acquired by AEQUITA. The Rotterdam-based company operates four plants and plans expansion through acquiring SABIC’s European Petrochemical business.

icis

2026-05-05

Velogy Launches as New European Polymers Business

2026-05-06

Velogy Launches as European Petrochemicals Player, Lines Up Additional Capacity

2026-06-18

PODCAST: Regionalization of Industry Will Give Velogy the Edge in Europe

2026-06-22

Europe Chems at Turning Point, Regionalisation Will Allow Local Champions to Emerge: Velogy

2026-06-23

Stronger Political Support Needed to Safeguard European Chemicals: Velogy

Velogy Launches as New European Polymers Business

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