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Wednesday 22 August 2018

LyondellBasell completes acquisition of A Schulman




LyondellBasell (LYB), has completed the acquisition of A Schulman Inc.
The acquisition more than doubles LyondellBasell's existing compounding business and broadens the company's reach into growing, high-margin end markets such as automotive, construction materials, electronic goods and packaging.
"This acquisition builds upon our complementary strengths, creating a substantial value proposition for our customers and positioning the company for future growth in this space. Moving forward, our team is focused on a seamless integration that captures opportunity and creates exceptional value for our shareholders," said Bob Patel, CEO of LyondellBasell.

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