# LyondellBasell receives Chinese antitrust clearance for A. Schulman acquisition

LyondellBasell announced it has received unconditional antitrust clearance from China for its pending $2.25 billion acquisition of A. Schulman, a global supplier of plastic compounds. The transaction is expected to close in the second half of 2018.

- Type: Acquisition
- Announced: 2018-05-22
- Value: $2.25B
- Status: announced
- Products: plastic compounds, composites, powders
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (acquirer)
- [A. Schulman](https://endata.com/companies/23944.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/lyondellbasell-receives-chinese-antitrust-clearance-for-acquisition-of-a-schulman-300652876.html), 2018-05-22: "SAMR's clearance for the transaction satisfies one of the conditions for the closing of the pending acquisition."
- [prnewswire.com](https://www.prnewswire.com/news-releases/lyondellbasell-receives-eu-antitrust-clearance-for-acquisition-of-a-schulman-300673326.html), 2018-06-27: "The European Commission's clearance for the transaction satisfies one of the conditions for the closing of the pending acquisition."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/ec-grants-clearance-2-25bn-lyondellbasell-schulman-deal/), 2018-06-29: "The combined business will create significant value for our shareholders and customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.