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 ...
Six months after it exited a complex bankruptcy, LyondellBasell started trading its shares on the New York Stock exchange last week, a milestone heralding the giant chemical maker's comeback as a ...
Polyolefins supplier Basell (Hoofddorp, Netherlands), world leader in polypropylene supply, has agreed to buy Huntsman (Salt Lake City, UT) for $25.25/share in cash, a 30%-plus premium to the firm’s ...
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 ...
Dutch chemical and plastics maker Basell completed its acquisition of Houston's Lyondell Chemical Co. on Thursday, but the task of joining the two industry giants has only just begun, the top officer ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Basell, the Dutch chemicals group, on Tuesday agreed to buy US-based Huntsman for $5.9bn in a move which will ...
Simply sign up to the US companies myFT Digest -- delivered directly to your inbox. Basell, the Dutch chemicals group, on Tuesday offered $12.7bn in cash to buy larger rival Lyondell and cement its ...