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 ...

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 ...

A labor union pension fund has sued Houston's Lyondell Chemical Co. for entering into a deal this month to sell the company for what it said is too low a price. The Plumbers and Pipefitters Local 51 ...

HOUSTON, July 17-- Polyolefins manufacturer Basell Service Co. BV plans to buy Lyondell Chemical Co. of Houston for about $12 billion, plus the assumption of Lyondell's $7 billion debt. The ...

LUDWIGSHAFEN, Germany & LONDON--(BUSINESS WIRE)--May 5, 2005--BASF and Shell Chemicals are to sell their 50-50 joint venture Basell, one of the world's leading manufacturers of polyolefins, to a ...

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 ...