LyondellBasell, Sasol to create polyethylene joint venture in US
LyondellBasell and Sasol have agreed to create a 50:50 joint venture (JV) under which the former will acquire a 50% stake in the latter’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants, and associated infrastructure in Louisiana, US for $2 billion. The deal includes customary rights for each partner […]