Lyondell Announces Merger to Close on Dec. 20
Friday December 14, 3:29 pm ET
HOUSTON, Dec. 14 /PRNewswire-FirstCall/ -- Lyondell Chemical Company today announced that it has received official notice from Basell AF S.C.A. under the Agreement and Plan of Merger, dated as of July 16, 2007, among Basell AF S.C.A., BIL Acquisition Holdings Limited and Lyondell, that the merger transaction closing will occur on Dec. 20, 2007. The closing is expected to occur during NYSE trading hours.
Lyondell Chemical Company, headquartered in Houston, Texas, is North America's third-largest independent, publicly traded chemical company. Lyondell is a leading global manufacturer of chemicals and plastics, a refiner of heavy, high-sulfur crude oil and a significant producer of fuel products. Key products include ethylene, polyethylene, styrene, propylene, propylene oxide, gasoline, ultra low-sulfur diesel, MTBE and ETBE.
Source: Lyondell Chemical Company
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