LyondellBasell Assessing Impact from Hurricane Ike

September 15, 2008

Hurricane Ike has resulted in a temporary disruption of operations at many of LyondellBasell's U.S. Gulf Coast facilities.

Thirteen of LyondellBasell's 14 plants on the US Gulf Coast were shut down in advance of the storm which made landfall south of Houston on Sept. 13. The Corpus Christi olefins plant remained in operation.

We are in various stages of inspection and assessment at each of our facilities and we are making plans for returning these plants to service in a safe and orderly manner as rapidly as possible as the local infrastructure permits, such as access to raw materials, utilities and other essential services.

It is too soon to specify a timetable for when these facilities will begin startup operations. We are now bringing in employees who are essential to the safe startup of these facilities.

Making contact with all of our people to verify their safety and personal circumstances is one of our highest priorities. Employees who have not checked in are encouraged to call 1-888-457-6118 as soon as possible.

Facilities impacted by Hurricane Ike include:

Chemicals

Channelview

La Porte

Bayport EO

Bayport PO

Beaumont

Chocolate Bayou

Polymers

Bayport

La Porte

Chocolate Bayou

Victoria

Matagorda

Lake Charles, LA

Refined Products

Houston

 

 

CONTACT: David Harpole, david.harpole@lyondellbasell.com, +1-713-652-4125

 

LyondellBasell Industries is one of the world's largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including bio-fuels. Through research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that improve quality of life for people around the world. Headquartered in The Netherlands, LyondellBasell (http://www.lyondellbasell.com/) is privately owned by Access Industries.