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Coordinates: 51°55′24″N 4°27′57″E 51.9232553, 4.465878

LyondellBasell Industries

• Address: P.O. Box 2416, Rotterdam, Netherlands
• Phone: +31 10 275 5500
• Website: [1]
• Overview

Lyondell Chemical Company was, (as of 2007 update), the third largest independent chemical manufacturer in the United States. Since its establishment in 1985 from certain facilities belonging to the Atlantic Richfield Company (ARCO), the company grew through various acquisitions and operates in five continents employing over 11,000 people. Lyondell is the global leader in propylene oxide production and is the largest North American supplier of styrene monomer. Other Lyondell products include ethylene, ETBE, polyethylene, and polypropylene. ^[1]

Lyondell acquired Millennium Chemicals Inc. in a stock-for-stock business combination on November 30, 2004. In August, 2006, Lyondell acquired Citgo's interest in the Lyondell-Citgo Refinery in a transaction valued at around $2.1 billion, and has renamed the facility Houston Refining. ^[1]

Chemical maker Basell Polyolefins said on Tuesday, 17 July 2007, it would buy Lyondell Chemical Company for about $12.14 billion. Basell Polyolefins is owned by Access Industries, a privately held, U.S.-based industrial group. The deal closed on Thursday, 20 December 2007, creating the new company LyondellBasell Industries AF S.C.A. ^[1]

LyondellBasell is the third largest independent chemical manufacturer in the world and is headquartered in Rotterdam, The Netherlands. Sales in 2008 were $54.6 billion based on pro forma 12-month revenues ending Sept. 30, 2008. The company has 60 manufacturing sites in 19 countries and over 16,000 employees. ^[1]

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