Wednesday Sep 04, 2024

LYB Leadership: Get To Know Board Member and Entrepreneur Tony Chase

Welcome to the LyondellBasell podcast series! In this special edition, we have an inspiring conversation with LYB board member Tony Chase. Tony, a renowned entrepreneur and business leader, shares his remarkable journey from humble beginnings to becoming the CEO of ChaseSource LP, one of the nation's largest minority-owned businesses.

In this episode, Tony recounts his early days in Houston, his educational journey at Harvard, and his ventures into various businesses, including radio stations, Cricket Wireless and call centers. He discusses the challenges he faced, the risks he took, and the innovative strategies that led to his successes.

Listeners will also hear about Tony's deep connection with his family, including his father's groundbreaking achievements as the first black architect in Texas and the entrepreneurial spirit that runs in his blood. Tony's insights on recognizing and seizing opportunities, even within large organizations like LYB, provide valuable lessons for anyone looking to make a difference in their field.

Join us as we delve into Tony's story, which he told at this year's LYB Global Leaders' Forum and captivated the audience. This episode is sure to leave you inspired and motivated to embrace your own entrepreneurial spirit.

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LEGAL DISCLAIMER FOR FORWARD-LOOKING STATEMENTS:

The statements in this podcast relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially based on factors including, but not limited to, market conditions, the business cyclicality of the chemical, polymers and refining industries; the availability, cost and price volatility of raw materials and utilities, particularly the cost of oil, natural gas, and associated natural gas liquids; our ability to successfully implement initiatives identified pursuant to our Value Enhancement Program and generate anticipated earnings; competitive product and pricing pressures; labor conditions; our ability to attract and retain key personnel; operating interruptions (including leaks, explosions, fires, weather-related incidents, mechanical failure, unscheduled downtime, supplier disruptions, labor shortages, strikes, work stoppages or other labor difficulties, transportation interruptions, spills and releases and other environmental risks); the supply/demand balances for our and our joint ventures’ products, and the related effects of industry production capacities and operating rates; our ability to manage costs; future financial and operating results; benefits and synergies of any proposed transactions; receipt of required regulatory approvals and the satisfaction of closing conditions for our proposed transactions; final investment decision and the construction and operation of any proposed facilities described; our ability to align our assets and expand our core; legal and environmental proceedings; tax rulings, consequences or proceedings; technological developments, and our ability to develop new products and process technologies; our ability to meet our sustainability goals, including the ability to operate safely, increase production of recycled and renewable-based polymers to meet our targets and forecasts, and reduce our emissions and achieve net zero emissions by the time set in our goals; our ability to procure energy from renewable sources; our ability to build a profitable Circular & Low Carbon Solutions business; the continued operation of and successful shut down and closure of the Houston Refinery, including within the expected timeframe; potential governmental regulatory actions; political unrest and terrorist acts; risks and uncertainties posed by international operations, including foreign currency fluctuations; and our ability to comply with debt covenants and to repay our debt. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2023, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.




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