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home / articles / strategic business shift lyondellbasell divests eo d mwn benzinga

LYB - Strategic Business Shift: LyondellBasell Divests EO&D Business Enhancing Focus On Core Operations | Benzinga

December, 08 2023 03:08 PM LyondellBasell Industries NV Class A

LyondellBasell Industries NV (NYSE: LYB) disclosed a deal to sell its Ethylene Oxide & Derivatives (EO&D) business and the Bayport, Texas production facility to INEOS Oxide for $700 million.

The transaction is expected to close in Q2 2024 following the completion of the planned maintenance at the facility, subject to regulatory and other ...

Full story available on Benzinga.com

Stock Information

Company Name:	LyondellBasell Industries NV Class A
Stock Symbol:	LYB
Market:	NYSE
Website:	lyondellbasell.com

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