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23 Current news of Lyondell Chemical Company

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Lyondell to Discontinue Direct Deicer Sales

25-Aug-2009

Lyondell Chemical Company announced that it intends to exit the aircraft deicer market as a direct seller but will continue to supply that market with propylene glycol (PG), the primary component of deicers. "We have made a strategic decision to transition from being a direct participant in the ...

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Lyondell to Restart PO/SM Unit at Channelview

20-Aug-2009

Lyondell Chemical Company announced that a propylene oxide / styrene monomer (PO/SM) unit at Channelview, Texas, will return to service in September due to increased demand for propylene oxide and its derivatives. The unit was temporarily idled in December 2008 due to declining market and ...

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Basell to acquire Lyondell Chemical Company

20-Jul-2007

Basell announced that they have signed a definitive agreement pursuant to which Basell will acquire Lyondell's outstanding common shares for $48 per common share in an all cash transaction with a total enterprise value of approximately $19 billion, including the assumption of debt. The purchase ...

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Lyondell Chemical Company sells Inorganic Chemicals Business to National Titanium Dioxide Company Ltd. (Cristal)

28-Feb-2007

Lyondell Chemical Company and the National Titanium Dioxide Company Ltd. (Cristal), announced that they have signed an agreement for a proposed sale by Lyondell of its worldwide inorganic chemicals business to Cristal in a transaction valued at approximately $1.2 billion, including the assumption ...

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Lyondell Announces Approval for New Chemical Facility in Ningbo, China

23-Feb-2007

Lyondell Chemical Company announced that it and Sinopec Zhenhai Refining & Chemical Co., Ltd. (ZRCC) have received final government approval for a project to construct a world-scale propylene oxide / styrene monomer (POSM) manufacturing facility in Ningbo, China, across the Hangzhou Bay from ...

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Lyondell Announces Ultrafine TiO2 Expansion at Thann, France Facility

13-Feb-2007

Lyondell Chemical Company announced plans to invest $20 million to expand the production capability for ultrafine TiO2 at its Millennium Inorganic Chemicals manufacturing facility in Thann, France. Ultrafine TiO2 is used in a variety of catalytic applications including environmental catalysts ...

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Susan K. Carter Appointed to Lyondell Board of Directors

13-Dec-2006

Lyondell Chemical Company announced that Susan K. Carter has been appointed to the Company's board of directors, effective Jan. 1, 2007. Carter is executive vice president and chief financial officer of Lennox International, a position she has held since 2004. Carter came to Lennox International ...

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Lyondell Acquires Partner's Interest in Houston Refinery

18-Aug-2006

Lyondell Chemical Company announced that it has acquired CITGO's 41.25 percent ownership interest in Lyondell-Citgo Refining LP (LCR) in a transaction valued at approximately $2.1 billion, including CITGO's portion of the refinery's debt. Concurrently, Lyondell has negotiated a new five-year, ...

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Lyondell Announces Price Increases for Titanium Dioxide Products

01-Aug-2006

Lyondell Chemical Company is increasing its prices for all rutile and anatase Tiona(R) titanium dioxide (TiO2) products sold in Europe to all end-use markets, effective August 1, 2006 or as contracts allow, by euro 130 per metric ton. Tiona(R) products are produced and sold by Millennium ...

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Lyondell Chemical Company Announces Executive Appointments

10-May-2006

The Board of Directors of Lyondell Chemical Company has named Dr. Charles C. Yang to the additional post of Chairman, Lyondell Asia Pacific, and has elected three individuals as Officers of the company. As Chairman and President of Lyondell Asia Pacific, Dr. Yang will continue to provide ...

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