Breaking News

Basell To Buy Lyondell

July 17, 2007

Deal to create huge chemicals company.

A global leader in polyolefins, Basell will acquire chemical giant Lyondell’s outstanding common shares for $48 per common share in an all cash transaction with a total enterprise value of approximately $19 billion, including the assumption of debt. The transaction will create one of the sector’s largest companies. Lyondell’s three business segments -- ethylene, co-products and derivatives; propylene oxide and related products; and refining -- will complement and significantly strengthen Basell’s polyolefins business. Basell and Lyondell together would have had combined 2006 revenues of approximately $34 billion and 15,000 employees around the world.
  • Filtration 2016 Preview

    Filtration 2016 Preview

    Tara Olivo, Associate Editor||November 7, 2016
    A record number of exhibitors will showcase their innovations in Philadelphia for the 25th anniversary of the conference and

  • Filtration Market Report

    Filtration Market Report

    Tara Olivo, Associate Editor||November 7, 2016
    Opportunities across many categories fuel activity in the industry.

  • Meltblown Nonwovens Report

    Meltblown Nonwovens Report

    Karen McIntyre, Editor||November 7, 2016
    Diverse technology offers opportunities in a range of markets.