Basell, a manufacturer of polyolefins, will acquire the outstanding common shares of Lyondell Chemical Co. for $48 per common share with a total enterprise value of approximately $19 billion, including the assumption of debt

Food & Drug Packaging, August, 2007

> Basell, a manufacturer of polyolefins, will acquire the outstanding common shares of Lyondell Chemical Co. for $48 per common share with a total enterprise value of approximately $19 billion, including the assumption of debt. Lyondell's three business segments--ethylene, co-products and derivatives; propylene oxide and related products; and refining--will strengthen Basell's polyolefins business.

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