Lyondell/Basell poised for top five position

Bains, Elizabeth; Baker, John; Gibson, Jane
May 2007
ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p4
Trade Publication
The article reports on the plans of Russian billionaire Leonard Blavatnik for Lyondell Chemical and Basell. Blavatnik is considering taking over Lyondell Chemical and merging it with Basell. If Blavatnik pulls off both deals, he could create a global top five chemicals producer. Blavatnik has won the right to buy an 8.3% stake in Lyondell through his firm, AI Chemical Investments.


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