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LyondellBasell completes sale of European olefins and polyolefins assets to Aequita

This article was originally posted on Chemical Engineering Online.
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Summary
LyondellBasell has completed the sale of select European olefins and polyolefins assets—along with associated business and corporate functions—to AEQUITA, marking a key milestone in the company’s European strategic assessment. The transaction closed following required employee information and consultation processes and customary regulatory approvals.

What impact do you think this divestment will have on LyondellBasell’s European footprint and AEQUITA’s expansion in petrochemicals?

LyondellBasell Industries (Rotterdam, the Netherlands) announced that it has successfully completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA as a key milestone in the company’s European strategic assessment. The transaction follows completion of required employee information and consultation processes and satisfaction of customary regulatory […]

The post LyondellBasell completes sale of European olefins and polyolefins assets to Aequita appeared first on Chemical Engineering.

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