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Feb 6, 2019ACQUISITIONBrazil

LyondellBasell continues pursuit of Braskem stake

LyondellBasell Industries continues discussions to purchase a controlling stake in Brazilian petrochemical maker Braskem from Odebrecht, despite delays due to political changes in Brazil.

Status

Rumored

Productspolyethylenepetrochemicals

CompaniesBraskem target ODEBRECHT partner LyondellBasell Industries NV acquirer

Sectors#Specialty Chemicals

“Despite long delays, LyondellBasell Industries says it continues to pursue the possible purchase of a controlling stake in Brazilian petrochemical maker Braskem.”cen.acs.org

1 source
cen.acs.orgLyondellBasell dawdles on Braskem acquisitionAlex TulloFeb 6, 2019

Summarized from public sources; check the original articles before acting on it.

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LyondellBasell continues pursuit of Braskem stake · Endata