Think Tank: Regionalization of industry will give Velogy the edge in Europe

As the global chemical industry moves towards a more regional business model, Velogy – the new company carved out of former LyondellBasell assets – will be able to serve European customers from within Europe.

Customers increasingly want to take “Europe for Europe” approach to ensure security of supply Chemical industry is moving from global to regional structure, and this will help Velogy in an oversupplied world Action needed at EU and national level to protect Europe chemicals and industrial backbone from subsidised imports Being a mid-sized €2.5 billion sales company allows Velogy to act fast Strong balance, without debt, gives Velogy a head start Adding SABIC assets will increase sales to around €8 billion SABIC acquisition expected to close in Q4 2026 Parent group AEQUITA is not a typical private equity fund with investors expecting an exit/return within a few years Five partners own the group, with experience in troubled industrial sectors such as automotive After SABIC assets are added there are no plans for closures, but some cost savings in central functions possible

In this Think Tank podcast, Will Beacham interviews Richard Roudeix, CEO of Velogy and Robert Roiger, Chief Transformation Officer at Velogy and Chief Operating Officer at AEQUITA.