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Showing results for Lyondell Petrochemical GP, Inc.,
...The weak gas prices created by the shale boom have given US-based petrochemical producers a huge cost advantage over their Asian and European rivals, such as Germany’s BASF and Taiwan’s Formosa Petrochemical...
...LyondellBasell, the bankrupt fuels, plastics and chemicals producer, on Monday rejected a $14.5bn bid from India’s Reliance Industries that would have created one of the world’s biggest independent oil refining and petrochemicals...
...Other features include an integrated GPS receiver, virtual Qwerty keyboard and walkie-talkie style push-to-talk compatibility....
...Lyondell Chemical listed assets of $27.1bn and debt of $19.4bn....
...In the early hours of January 8, creditors to one of the world’s largest petrochemicals groups scrambled through the halls of the bankruptcy court of the Southern District of New York, fighting to scrape...
...LyondellBasell’s bondholders were Monday braced for large losses after it emerged the world’s third largest petrochemicals company was on the brink of bankruptcy....
...The owner of LyondellBasell, the world’s third largest petrochemicals group which has filed for bankruptcy protection owing $26bn, has expressed hopes that many of its creditors will be reimbursed....
...Deals expected to launch this week include a $14bn offering from Basell, the Dutch chemicals group which in July agreed to a buy petrochemical producer Lyondell Chemical for around $12.7bn....
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