Napster, DETASAD, and Lenovo Enable Sovereign AI Infrastructure to Support Local Deployment in Saudi Arabia

The collaboration pairs Saudi-based data center infrastructure with Napster’s enterprise AI platform, providing a fully in-Kingdom path to deploy agentic AI

DETASAD Data Center
An image of the DETASAD data center, which will be a driver of Napster's collaboration with DETASAD and Lenovo

DETASAD and Lenovo will provide Napster the sovereign infrastructure and operating foundation to build for Saudi Arabian enterprises, including locally hosted cloud services, Tier III/Tier IV data center capabilities, AI-ready infrastructure, managed operations, cybersecurity, networking, data residency, regulatory alignment, SLA-backed operations and end-to-end implementation services.

NEW YORK and RIYADH, Saudi Arabia, July 30, 2026 (GLOBE NEWSWIRE) — Napster, an innovation company powering the next generation of embodied and agentic AI, today announced a collaboration with DETECON AL SAUDIA (DETASAD) and Lenovo to deliver sovereign AI infrastructure in the Kingdom of Saudi Arabia. By pairing Saudi-based data center services with Napster’s enterprise AI platform, the collaboration positions Napster among the first enterprise AI providers commercially available for fully in-Kingdom, locally hosted deployment.

Sovereign AI has become a defining requirement for governments and regulated industries worldwide. As organizations scale agentic AI from pilots into production, they increasingly need the models, data, and infrastructure behind those systems to stay inside national borders and under local control. In Saudi Arabia, that requirement is sharpened by Vision 2030, which ties digital transformation to local capability building and economic diversification. In the Kingdom, customers are prioritizing AI that can be deployed locally, without exporting data or operations, and Napster is emerging as a leading frontier company delivering on that need.

Napster x DETASAD

Napster’s collaboration with DETASAD and Lenovo collaboration positions Napster among the first enterprise AI providers commercially available for fully in-Kingdom, locally hosted deployment.

“Saudi Arabia has set out to become one of the defining AI economies of this decade, and that ambition deserves technology built to meet it,” said John Acunto, CEO of Napster. “We started Napster to put advanced AI within reach of the organizations that need it, wherever they operate. Working alongside Lenovo and DETASAD is how that mission becomes real, and how AI built for one market becomes a model for many.”

“Saudi enterprises are looking for AI deployment models that give them local control, operational clarity, and enterprise readiness,” said Samuel Huber, CEO of MENA for Napster. “When the platform, the data, and the hosting all sit inside the Kingdom, AI becomes a commercial reality that an organization can actually run its business on. We intend to continue to build on this foundation and be an integral part of commercial AI deployment throughout Saudi Arabia.”

Data residency, or where information is hosted, sits at the center of how Saudi enterprises and government entities evaluate AI. Napster, DETASAD, and Lenovo are facilitating a localized model and coordinating hosting, software integration, and implementation from the outset rather than assembling them vendor by vendor.

Each company contributes a distinct layer of the deployment:

  • DETASAD and Lenovo provide the sovereign infrastructure and operating foundation, including locally hosted cloud services, Tier III/Tier IV data center capabilities, AI-ready infrastructure, managed operations, cybersecurity, networking, data residency, regulatory alignment, SLA-backed operations and end-to-end implementation services, enabling enterprise AI workloads to be deployed and operated within Saudi Arabia.
  • Napster supports the enterprise AI software, supplying platform licensing and integrating with DETASAD infrastructure. The company will also work alongside commercial and government partners on tool customization, quality assurance, onboarding, and technical training.
  • Lenovo also assists with discovery and implementation of the companies’ go-to-market strategy, including needs assessment, solution design, proof-of-concept delivery, and fast-track deployment across government, defense, education, technology, and investment sectors.

“Government entities and enterprises in the Kingdom are no longer asking whether to adopt AI, but how to do it without giving up control of their data,” said Felix Wass, President & CEO, DETASAD. “For Saudi government and enterprise customers, sovereign AI is not only about where workloads are hosted; it is about trust, operational control, regulatory alignment and the ability to run AI at enterprise scale inside the Kingdom. Through this collaboration, DETASAD brings the sovereign infrastructure, managed operations, cybersecurity, data residency and local implementation capabilities needed to make enterprise AI deployable and trusted in Saudi Arabia.”

“Napster’s integration into Lenovo’s Solutions & Services Portfolio marked an important step in bringing agentic AI into real-world deployment,” said Salman Faqeeh, Vice President & General Manager for Saudi Arabia, Lenovo. “This collaboration with DETASAD builds on that momentum, combining Lenovo’s global expertise with local infrastructure to enable sovereign AI at scale in the Kingdom. Together, we are helping organizations deploy AI with confidence, while advancing Saudi Arabia’s Vision 2030 goals.”

“As organizations move beyond AI experimentation, the challenge is no longer access to technology, it is how to deploy, integrate and scale AI in a way that delivers measurable business outcomes,” said Saeed Basweidan, General Manager, Solutions & Services Group, Lenovo Saudi Arabia. “Through Lenovo’s services and infrastructure expertise, we help customers navigate the full AI journey, from strategy and solution design to deployment, adoption and ongoing optimization. Together with Napster and DETASAD, we are providing organizations in Saudi Arabia with a practical path to operationalize AI faster, reduce complexity and realize value from their investments.”

As part of the agreement, Napster, DETASAD, and Lenovo will prioritize government and enterprise customers in Saudi Arabia, with a phased expansion across the GCC to follow.

About Napster
Founded on the principle of democratizing access—first to music in 1999, now to creative expertise in 2026—Napster has consistently been at the forefront of transformational technology shifts that expand markets and empower users. The company’s latest platform turns passive consumers into active creators, providing the interface layer between foundation AI models and human creativity. For more information, visit napster.com.

About DETASAD
DETASAD is one of Saudi Arabia’s leading ICT and digital infrastructure providers, serving government and enterprise customers through sovereign cloud, data center services, cybersecurity, connectivity, AI-ready infrastructure and managed services. Established in 1982, DETASAD supports the Kingdom’s digital transformation through secure, locally operated technology platforms, national digital capabilities and compliance-aligned services for regulated environments. For more information, visit www.detasad.com.

About Lenovo
Lenovo is a US$83 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices (PCs, workstations, smartphones, tablets, accessories), infrastructure solutions (server, storage, edge, high performance computing and software defined infrastructure), as well as software, solutions, and services. With a global footprint spanning more than 20 research and development locations and a global supply chain that includes more than 30 manufacturing sites across 10 markets, Lenovo is widely recognized for its operational excellence. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Learn more at www.lenovo.com and follow the latest news in our newsroom.

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Bitget Ranks Second in ETH Liquidity Depth in H1 2026, CoinGlass Report Finds

Bitget Ranks Second in ETH Liquidity Depth in H1 2026, CoinGlass Report Finds

Bitget Limited

VICTORIA, Seychelles, July 29, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), ranked among the leading venues for BTC and ETH derivatives liquidity in H1 2026, according to the CoinGlass 2026 Semi-Annual Cryptocurrency Derivatives Market Report, highlighting the exchange’s growing role in supporting deep execution across major crypto assets as derivatives markets became more selective.

The report found that Bitget recorded US$81.37 million in ETH order-book depth within ±1% of the mid-price, representing a 21.4% share among the listed venues and ranking second behind Binance. For BTC, Bitget recorded US$71.70 million in order-book depth within ±1%, representing a 13.4% share and ranking fourth among the listed venues.

The data comes during a period when the broader derivatives market became more selective in major crypto assets. According to CoinGlass, total crypto derivatives volume was down 15.7% year over year in H1 2026, while average daily open interest declined by a smaller 10.0%. The gap suggested that trading activity cooled faster than outstanding risk exposure, making liquidity depth and execution quality more important for market participants.

“The derivatives markets remain sensitive to volatility even when overall trading activity moderates,” said Gracy Chen, CEO of Bitget. “In this environment, liquidity depth has become a core measure of exchange’s trust and performance.”

Bitget’s liquidity performance also reflects its continued progress in serving more sophisticated trading demand. According to Bitget’s internal data, the share of institutional spot trading volume increased to 82% by December in 2025, highlighting rising institutional participation on the platform. To support its growth, Bitget upgraded the framework for its PRO and Liquidity Incentive Programs in early July, improving trading cost structures, liquidity incentives, and market-making conditions across crypto and traditional financial market products. These initiatives are designed to make Bitget a more competitive venue for both institutional and retail traders.

Beyond crypto asset liquidity, the CoinGlass report also showed Bitget’s expanding footprint in TradFi trading products. In H1 2026, Bitget recorded US$66.41 billion in TradFi perpetual contract volume, representing a 5.5% share among the five sampled exchanges in the report. This highlights growing demand for TradFi exposure via crypto-native infrastructure, complementing Bitget’s strong liquidity in major digital assets.

These results build on Bitget’s continued investment in trading infrastructure. As Bitget advances its Universal Exchange model, bringing together crypto assets, tokenized assets, and traditional financial market access within a single trading environment, the exchange is developing the execution, liquidity, and pricing infrastructure required to support the next generation of multi-asset trading.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

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Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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‫CSL تعلن عن اكتمال بناء أول سفينة ضمن الأسطول العالمي الرائد لسفن النقل البحري العابر لتلبية متطلبات مشروع Simandou

مونتريال, July 29, 2026 (GLOBE NEWSWIRE) —

أعلنتCSL Group (CSL)، الرائدة عالمياً في خدمات النقل البحري المسؤول، عن قيامها بتسليم سفينة MV Wontanara، وهي الأولى من بين أسطول من خمس سفن متطورة للنقل العابر ذاتية التفريغ (TSVs) تم بناؤها لخدمة عمليات نقل خام الحديد لمشروع Simandou في غينيا، أحد أكبر مشاريع التعدين والبنية التحتية ذات الصلة في العالم.

تتميز سفن التفريغ الذاتي هذه، التي صممتها CSL وبُنيت بواسطة شركة بناء السفن الصينية (CSSC) في حوض Chengxi لبناء السفن، بحمولة ساكنة تبلغ 41،800 طن وبنظام تفريغ ذاتي مزدوج يمكنه نقل وتفريغ ما يصل إلى 12 ألف طن من خام الحديد في الساعة، ما يجعل هذا الأسطول الأسرع والأعلى كفاءةً بين سفن النقل العابر ذاتية التفريغ في العالم.

هذا وقد صُمّمت هذه السفن ذاتية التفريغ خصيصاً لنقل وتفريغ كميات كبيرة من خام الحديد بين المرافئ النهرية وناقلات البضائع السائبة في البحر بكفاءة عالية. يتميز تصميمها بهيكل منخفض الغاطس تمّ إعدادها ليتلاءم مع متطلبات الملاحة النهرية، بالإضافة إلى خمسة أنظمة دفع سمتية (azimuth thrusters) تمنحها قدرة استثنائية على المناورة والدقة. كما تتمتع السفن بميزات ملاحة ثنائية الاتجاه، تتيح لها العمل بكامل طاقتها في كلا الاتجاهين، ما يعزز السلامة والكفاءة التشغيلية.

وفي معرض تعليقه على هذا الإنجاز، قال Louis Martel، الرئيس والرئيس التنفيذي لشركة CSL: “يتميز هذا الأسطول بتصميمه المتقدم وإمكاناته الكبيرة في مناولة الشحنات، وهي ميزات تعكس بشكل واضح الخبرة الراسخة التي تتمتع بها CSL في تحويل التحديات اللوجستية المعقدة إلى حلول بحرية عملية وعالية الأداء.” وأضاف: “عملنا بشكل وثيق مع عميلنا لتصميم وتطوير نظام نقل وتفريغ متكامل للنقل البحري العابر تضمن أمان وكفاءة عمليات تصدير كميات كبيرة من خام الحديد في البيئات البحرية الضحلة.”

هذا وقد تولّت CSL قيادة عملية تطوير هذه المنظومة المبتكرة، منذ مرحلة تصميم الفكرة وصولاً إلى الهندسة والبناء والتسليم. واستناداً إلى خبرتها الراسخة في تصميم السفن ذاتية التفريغ وعمليات النقل البحري العابر، قامت CSL بتحديد كافة المتطلبات الفنية للأسطول، وقيادة مراحل الهندسة والتصميم، كما أشرفت على تنفيذ مختلف مراحل عملية البناء.

تجدر الإشارة إلى أن سفينة MV Wontanara هي الأولى ضمن أسطول مكوّن من خمس سفن متطورة ذاتية التفريغ للنقل البحري العابر (TSVs) جرى تطويرها لدعم مشروع Simandou لنقل خام الحديد، على أن يتم تسليم السفن المتبقية من الأسطول تباعاً خلال الأشهر المقبلة.

تعدّ CSL Group مزوداً عالمياً رائداً للحلول البحرية المتكاملة للتحديات اللوجستية المعقدة، وهي أكبر مالك ومشغل للسفن ذاتية التفريغ في العالم. تتخذ الشركة من مونتريال مقراً رئيسياً لها وتزاول أعمالها في الأميركتين وأستراليا وأوروبا وإفريقيا، وتقوم بنقل وتوصيل ملايين الأطنان من الشحنات والبضائع سنوياً لصالح العملاء في قطاعات البناء وصناعة الصلب، والطاقة، والأغذية الزراعية.

جهة الاتصال:
الاتصالات الإعلامية:
Brigitte Hébert

مديرة الاتصالات
هاتف: 514-653-8854

البريد الالكتروني: [email protected]

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‫CGTN: لماذا باتت الصين وجهةً صيفيةً مفضلةً؟

بكين, July 28, 2026 (GLOBE NEWSWIRE) — نشرت شبكة CGTN مقالًا يستعرض ازدهار السفر إلى الصين. ومع تزايد أعداد المسافرين من مختلف أنحاء العالم الذين يتوجهون إلى الصين بحثًا عن وجهات أكثر اعتدالًا في درجات الحرارة، يتناول المقال الازدهار الذي يشهده قطاع السياحة الوافدة في البلاد هذا الصيف، ويسلط الضوء على الكيفية التي تسهم بها سياسات الصين المتوسعة لتسهيل إصدار التأشيرات والخدمات المُيسرة للأجانب في تعزيز هذا التوجه السياحي.

في الوقت الذي تجتاح فيه موجات الحر الشديدة أجزاءً واسعة من أوروبا، يبرز اتجاه جديد في قطاع السفر. ومع تزايد أعداد المسافرين الباحثين عن وجهات صيفية أكثر اعتدالًا خارج حدود بلدانهم، تبرز الصين كواحدة من أبرز وجهاتهم المفضلة.

برزت مدينة ليوبانشيو، المعروفة باسم “المدينة الباردة” والواقعة في مقاطعة قويتشو بجنوب غرب الصين، كوجهة مفضلة للمسافرين الأجانب الراغبين في الهروب من حرارة الصيف، وذلك بفضل مناخها المعتدل ومناظرها الطبيعية الخلابة التي تمتزج فيها التلال الخضراء بالمياه الصافية. وخلال عطلة الصيف هذا العام، تشهد مختلف أنحاء المدينة إقامة أكثر من 20 فعالية متنوعة، تشمل المهرجانات الموسيقية ومعارض الحدائق الريفية، ما يجذب الزوار من جميع أنحاء العالم.

وقد أبدى أحد السياح الأمريكيين، Max Slonim، خلال جولته في المدينة هذا الصيف، إعجابه بالطقس المعتدل واللطيف، قائلًا: “كلما زرت الأماكن الطبيعية الخلابة والجميلة، يمكنك حقًا الاستمتاع بالطبيعة والأجواء الهادئة بعيدًا عن الحشود الكبيرة وطوابير الانتظار الطويلة.”

يستمر الزخم القوي وراء مبادرة “السفر إلى الصين” في النمو. وخلال النصف الأول من عام 2026، سجلت الصين أكثر من 22.91 مليون زيارة وافدة، بزيادة قدرها 20.4% مقارنةً بالفترة نفسها من العام الماضي. كما تصدّرت المقاطعات التي تُعَد وجهات صيفية تقليدية، مثل يوننان وقويتشو وهونان، قوائم الوجهات الصيفية المفضلة لدى المسافرين الدوليين.

ازدهار السفر إلى الصين

في مدينة تشانغجياجيه السياحية الواقعة في مقاطعة هونان بوسط الصين، والمعروفة عالميًا بمناظرها الطبيعية الخيالية الساحرة، بدأ موسم الذروة لاستقبال الزوار الوافدين. ويتوافد السياح من أوروبا وجنوب شرق آسيا وغيرها من المناطق لخوض تجربة استكشاف جبالها الرملية المُدرجة على قائمة اليونسكو للتراث العالمي، حيث توفر النسمات الباردة والغابات المورقة ملاذًا طبيعيًا ساحرًا.

وبفضل سياسة العبور دون تأشيرة لمدة 240 ساعة التي تطبقها الصين، فتحت المدينة أكثر من 10 مسارات جوية لنقل الركاب تربط بين ثماني دول ومناطق مختلفة. وقد أسهمت إجراءات الهجرة السريعة وإتاحة دخول المعالم السياحية الرئيسية باستخدام جواز السفر فقط في جعل تجربة السفر في المدينة أكثر سلاسة من أي وقت مضى للزوار الدوليين.

منذ مطلع شهر يوليو/تموز، شهدت الرحلات الصيفية العائلية إلى منطقة تشانغجياجيه غراند كانيون السياحية ارتفاعًا كبيرًا، حيث اقترب عدد الزيارات اليومية من 10,000 زيارة، فيما شكل السياح الوافدون أكثر من 50% من إجمالي الزوار.

تشهد الوجهات الساحلية ذات الأجواء الأكثر اعتدالًا في الصين أيضًا إقبالًا متزايدًا. وقد أطلقت مدينة تشنهوانغداو، وهي مدينة ساحلية تقع في مقاطعة خبي بشمال الصين، مجموعة متنوعة من الأنشطة الصيفية، تشمل الإبحار وركوب الزوارق السريعة والعروض الخاصة بالتراث الثقافي غير المادي وتجارب الواقع الافتراضي التفاعلية في متحف سور الصين العظيم.

استقبلت المدينة 43,000 زيارة وافدة خلال النصف الأول من هذا العام، بزيادة قدرها 50% مقارنةً بالفترة نفسها من العام الماضي، في حين تضاعف متوسط مدة إقامة السياح الأجانب من سبعة أيام إلى خمسة عشر يومًا.

يبرز هذا الاتجاه بصورة لافتة بين المسافرين القادمين من أوروبا، حيث تمثل الدول الأوروبية ما يقرب من 30% من بين أكبر 20 سوقًا مصدرة للسياح الوافدين إلى الصين هذا الصيف. وشهدت حجوزات السفر ارتفاعًا بنسبة 275% مقارنةً بالفترة نفسها من العام الماضي، فيما زادت طلبات شراء تذاكر المعالم السياحية بمقدار 20 ضعفًا. ويشكل الزوار القادمين من بريطانيا وفرنسا وألمانيا وحدها ما يقرب من 42% من إجمالي عدد السياح الأوروبيين.

ما سر جاذبية الصين؟

يُعزى هذا الازدهار السياحي إلى التوسع المستمر في سياسة الصين لتسهيل إجراءات التأشيرات؛ حيث إن الصين تمنح حاليًا حق الدخول بدون تأشيرة من جانبها فقط لمواطني 50 دولة، ووقّعت أيضًا على اتفاقيات إعفاء متبادل من التأشيرات مع 29 دولة. في الوقت ذاته، يمكن الآن لمواطني 55 دولة الاستفادة من برنامج العبور دون تأشيرة لمدة 240 ساعة لدخول الصين عبر 65 منفذًا مخصصًا.

شهدت الصين أيضًا تحسنًا كبيرًا في مستوى سهولة الوصول أمام الزوار الدوليين، حيث تربط الرحلات الجوية المباشرة حاليًا وجهات خارجية بـ 160 مدينة صينية، فيما يدخل أكثر من ثلاثة أرباع المسافرين الوافدين إلى البلاد الآن دون تأشيرة.

بالتزامن مع ذلك، شهدت خدمات السفر تطورًا متزايدًا لتصبح أكثر توافقًا مع احتياجات الزوار الأجانب، إذ تتوفر حاليًا آلات بيع التذاكر متعددة اللغات، إلى جانب أجهزة الترجمة المدعومة بالذكاء الاصطناعي وخدمات دعم العملاء باللغات الإنجليزية والفرنسية والإسبانية وغيرها من اللغات على نطاق واسع في المعالم السياحية وعلى منصات السفر الرئيسية.

ومع ذلك، فإن أحد الأمور التي يسلط عليها الزوار الأجانب الضوء مرارًا وتكرارًا هو أمر بسيط على نحو مثير للدهشة، ألا وهو: تكييف الهواء. فابتداءً من المطارات ومحطات مترو الأنفاق، وصولًا إلى مراكز التسوق والفنادق والمعالم السياحية، بات نظام التبريد الموثوق عنصرًا أساسيًا من تجربة السفر الصيفية في الصين، مدعومًا بواحد من أكبر أنظمة الطاقة وأكثرها موثوقية في العالم.

أصبحت مقاطع الفيديو التي يشاركها المسافرون الأجانب على منصات التواصل الاجتماعي بمثابة نوافذ يكتشف من خلالها الجمهور من جميع أنحاء العالم هذا البلد من منظور مختلف. ويتزايد إقبال الزوار على استكشاف المدن القديمة والقرى الجبلية والمدن الأقل شهرة، متجاوزين بذلك الوجهات التقليدية مثل بكين وشنغهاي وقوانغتشو وشنتشن. فما يجدونه يتجاوز مجرد كونها وجهةً ذات طقسٍ معتدلٍ للهروب من حرارة الصيف؛ إذ يكتشفون صورةً جديدةً للصين: بلدًا أكثر انفتاحًا وترحيبًا وحيويةً.

https://news.cgtn.com/news/2026-07-26/What-makes-China-such-an-appealing-summer-gateway-for-global-tourists–1P5OL710a4M/p.html

CGTN Digital
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GlobeNewswire Distribution ID 9799374

Chemical Marketing & Economics honors LyondellBasell CEO Peter Vanacker with STEM Leadership Award for Corporate Reinvention

LyondellBasell (LYB) CEO Peter Vanacker

Peter Vanacker is chief executive officer of LyondellBasell, a global leader in the chemical industry delivering solutions for everyday sustainable living.

HOUSTON and MORRISTOWN, N.J., July 28, 2026 (GLOBE NEWSWIRE) — LyondellBasell (NYSE: LYB) and Chemical Marketing & Economics, Inc. (CME) today announced that Peter Vanacker, LYB CEO, will receive the CME STEM Leadership Award™ for Corporate Reinvention on Dec. 11, 2026 in New York City. The other honorees will be Omar Yaghi, 2025 Nobel Laureate in Chemistry (Extraordinary Fundamental Research) and Ann Ziff, Chairman of the Metropolitan Opera Board (Lifetime Achievement).

LYB is a leader in the global chemical industry, guided by its purpose of creating solutions for everyday sustainable living. The company is one of the world’s largest producers of polymers and a leader in polyolefin technologies.

“Peter Vanacker exemplifies corporate reinvention at the highest level, demonstrating how disciplined strategy and visionary leadership can reshape an entire enterprise,” said CME Co-Chair Shah Karim. “Through initiatives focused on value enhancement, portfolio optimization and bold expansion of circular solutions, he has positioned the company for enduring value creation and industry leadership,” added CME Co-Chair and Legal Counsel Ksenia Takhistova. “He champions the essential connection between science, engineering, and sustainable growth – recognizing that transformative leaders accelerate the breakthroughs our world depends on,” said STEM Leadership Awards founder and ACS Fellow George Rodriguez.

“Reinvention is about building a company that can create value through change,” said LYB CEO Peter Vanacker. “At LYB, we continue to strengthen our portfolio, advance circular and low-carbon solutions at the right pace, and develop the capabilities and STEM talent pipeline needed to shape the future of our industry. I am honored by this recognition from CME and grateful to the LYB teams whose resilience and commitment make our progress possible.”

Under Vanacker’s leadership as LYB CEO, the company has remained anchored in its long-term strategy through a volatile market cycle, balancing disciplined near-term actions with a clear focus on long-term value creation. By upgrading its core businesses, taking decisive portfolio actions and preserving flexibility for future growth, LYB continues to position the business for enduring performance and industry leadership.

About Peter Vanacker
Peter Vanacker is chief executive officer of LyondellBasell, a global leader in the chemical industry delivering solutions for everyday sustainable living. Before joining LYB, he served as president, CEO and chair of the executive committee at Neste Corporation, and previously as CEO of both CABB Group GmbH and Treofan Group. Earlier in his career, he held senior leadership roles at Bayer AG, including executive vice president of the global polyurethanes business and member of the executive committee of Bayer Material Science (now Covestro). An international executive, Vanacker has worked across Belgium, Brazil, China, Finland, Germany and the United States. He earned his master’s degree in chemical engineering, specializing in polymers, from the University of Ghent. He serves on the supervisory board of Symrise AG, a leading global flavor, nutrition, scent and care company recognized with top CDP sustainability ratings. He also chairs the board of directors and serves on the executive committee of the American Chemistry Council, contributing to its energy, climate, environment, sustainability, finance, audit and plastics committees. In addition, he is a member of the board of the International Consortium of Chemical Associations.

About CME STEM Leadership Awards™
Established in 2012, the CME STEM Leadership Awards™ honor exceptional leaders who harness chemistry’s transformative power to solve global challenges. Past honorees span industry, finance, philanthropy, and academia, including Roy Vagelos, Seifi Ghasemi, Len Blavatnik, Albert Bourla, Martin Brudermüller, Jim Fitterling, Henry Kravis, Daniel D’Aniello, Craig Venter, and seven Nobel Laureates such as Frances Arnold and Barry Sharpless. Proceeds support transformative STEM programs, including unique student and mentor awards—the fundamental unit of innovation—alongside chemistry festivals and symposia advancing sustainability. To support or sponsor programs that empower future STEM pioneers in the Quantum AI and Space Age, reach us at [email protected] and visit www.cme-stem.org.

About Chemical Marketing & Economics
With roots dating back to 1954, Chemical Marketing & Economics, Inc. (CME) is an independent 501(c)(3) non-profit dedicated to inspiring STEM leaders and advancing sustainable breakthroughs in energy, materials, and life sciences. In collaboration with NASA, ACS, ACC, and the U.S. DOE, CME connects Nobel Laureates, industry leaders, and the public through initiatives such as the CME STEM Leadership Awards™, CME NASA Symposia, Earth & Space Sustainability Summits, STEM Festivals, and CME Student & Mentor Awards. Help spark innovation and collaboration shaping STEM in the Quantum AI and Space Age. Join us at www.cme-stem.org, LinkedIn, and Facebook.

About LyondellBasell
We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Contact
CME Marketing Communications & Administration / [email protected]
Barrie Lee / [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d33cf584-1303-4c6e-8e97-7e2e2b8e4ce0

GlobeNewswire Distribution ID 9798625

Chemical Marketing & Economics honors LyondellBasell CEO Peter Vanacker with STEM Leadership Award for Corporate Reinvention

LyondellBasell (LYB) CEO Peter Vanacker

Peter Vanacker is chief executive officer of LyondellBasell, a global leader in the chemical industry delivering solutions for everyday sustainable living.

HOUSTON and MORRISTOWN, N.J., July 28, 2026 (GLOBE NEWSWIRE) — LyondellBasell (NYSE: LYB) and Chemical Marketing & Economics, Inc. (CME) today announced that Peter Vanacker, LYB CEO, will receive the CME STEM Leadership Award™ for Corporate Reinvention on Dec. 11, 2026 in New York City. The other honorees will be Omar Yaghi, 2025 Nobel Laureate in Chemistry (Extraordinary Fundamental Research) and Ann Ziff, Chairman of the Metropolitan Opera Board (Lifetime Achievement).

LYB is a leader in the global chemical industry, guided by its purpose of creating solutions for everyday sustainable living. The company is one of the world’s largest producers of polymers and a leader in polyolefin technologies.

“Peter Vanacker exemplifies corporate reinvention at the highest level, demonstrating how disciplined strategy and visionary leadership can reshape an entire enterprise,” said CME Co-Chair Shah Karim. “Through initiatives focused on value enhancement, portfolio optimization and bold expansion of circular solutions, he has positioned the company for enduring value creation and industry leadership,” added CME Co-Chair and Legal Counsel Ksenia Takhistova. “He champions the essential connection between science, engineering, and sustainable growth – recognizing that transformative leaders accelerate the breakthroughs our world depends on,” said STEM Leadership Awards founder and ACS Fellow George Rodriguez.

“Reinvention is about building a company that can create value through change,” said LYB CEO Peter Vanacker. “At LYB, we continue to strengthen our portfolio, advance circular and low-carbon solutions at the right pace, and develop the capabilities and STEM talent pipeline needed to shape the future of our industry. I am honored by this recognition from CME and grateful to the LYB teams whose resilience and commitment make our progress possible.”

Under Vanacker’s leadership as LYB CEO, the company has remained anchored in its long-term strategy through a volatile market cycle, balancing disciplined near-term actions with a clear focus on long-term value creation. By upgrading its core businesses, taking decisive portfolio actions and preserving flexibility for future growth, LYB continues to position the business for enduring performance and industry leadership.

About Peter Vanacker
Peter Vanacker is chief executive officer of LyondellBasell, a global leader in the chemical industry delivering solutions for everyday sustainable living. Before joining LYB, he served as president, CEO and chair of the executive committee at Neste Corporation, and previously as CEO of both CABB Group GmbH and Treofan Group. Earlier in his career, he held senior leadership roles at Bayer AG, including executive vice president of the global polyurethanes business and member of the executive committee of Bayer Material Science (now Covestro). An international executive, Vanacker has worked across Belgium, Brazil, China, Finland, Germany and the United States. He earned his master’s degree in chemical engineering, specializing in polymers, from the University of Ghent. He serves on the supervisory board of Symrise AG, a leading global flavor, nutrition, scent and care company recognized with top CDP sustainability ratings. He also chairs the board of directors and serves on the executive committee of the American Chemistry Council, contributing to its energy, climate, environment, sustainability, finance, audit and plastics committees. In addition, he is a member of the board of the International Consortium of Chemical Associations.

About CME STEM Leadership Awards™
Established in 2012, the CME STEM Leadership Awards™ honor exceptional leaders who harness chemistry’s transformative power to solve global challenges. Past honorees span industry, finance, philanthropy, and academia, including Roy Vagelos, Seifi Ghasemi, Len Blavatnik, Albert Bourla, Martin Brudermüller, Jim Fitterling, Henry Kravis, Daniel D’Aniello, Craig Venter, and seven Nobel Laureates such as Frances Arnold and Barry Sharpless. Proceeds support transformative STEM programs, including unique student and mentor awards—the fundamental unit of innovation—alongside chemistry festivals and symposia advancing sustainability. To support or sponsor programs that empower future STEM pioneers in the Quantum AI and Space Age, reach us at [email protected] and visit www.cme-stem.org.

About Chemical Marketing & Economics
With roots dating back to 1954, Chemical Marketing & Economics, Inc. (CME) is an independent 501(c)(3) non-profit dedicated to inspiring STEM leaders and advancing sustainable breakthroughs in energy, materials, and life sciences. In collaboration with NASA, ACS, ACC, and the U.S. DOE, CME connects Nobel Laureates, industry leaders, and the public through initiatives such as the CME STEM Leadership Awards™, CME NASA Symposia, Earth & Space Sustainability Summits, STEM Festivals, and CME Student & Mentor Awards. Help spark innovation and collaboration shaping STEM in the Quantum AI and Space Age. Join us at www.cme-stem.org, LinkedIn, and Facebook.

About LyondellBasell
We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Contact
CME Marketing Communications & Administration / [email protected]
Barrie Lee / [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d33cf584-1303-4c6e-8e97-7e2e2b8e4ce0

GlobeNewswire Distribution ID 9798625