Newly Formed LyondellBasell Industries Aims to Make Changes, Maintain Profits

SUGAR LAND--July 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In early 2008, Basell Polyolefins (Hoofddorp, Netherlands) acquired Lyondell Chemical Company (Houston, Texas). Not only did the company obtain the new identity of LyondellBasell Industries, but also relocated many key offices. Industrial Info Resources is currently tracking 30 individual capital and maintenance projects valued at more than $400 million in future spending planned by LyondellBasell in the United States and Canada.