NEW YORK – Chemicals and plastics maker Basell said Tuesday it would buy Lyondell Chemical Co. (LYO) for about $12.72 billion, continuing a wave of consolidation in the chemical industry and giving ...
Basell, which is owned by the privately held industrial group Access Industries, is offering $48 per share for the company, a 20% premium over the closing share price on July 16, the day before the ...
On Tuesday, Basell announced that they have signed a definitive agreement pursuant to which Basell will acquire Lyondell's outstanding common shares for $48 per common share in an all cash transaction ...
Dutch chemicals company Basell said Tuesday it would buy U.S. competitor Lyondell Chemical Co. for $12.1 billion in cash, creating a global powerhouse and dwarfing Basell’s recently failed offer for ...
DUSSELDORF, GERMANY (Oct. 28, 6:30 a.m. EST) – Basell Polyolefins quietly is dropping its Hivalloy resin product line, after trying for nearly a decade to commercialize the high-performance olefinic ...
For the second time this year, polypropylene leader Basell Holdings NV has announced the closing of a Canadian resin plant. This time, it's the firm's 440 million-pound-capacity site in Varennes, ...