LyondellBasell Retains Barclays Capital for Refinery Offering

June 06, 2011

ROTTERDAM, Netherlands, June 6, 2011 – LyondellBasell (NYSE: LYB) today announced that it has retained Barclays Capital to assist with the sales offering process for the Berre, France refinery.  LyondellBasell recently announced its intention to seek a buyer for the 105,000 barrels-per-day refinery operated by its subsidiary, Compagnie Petrochimique de Berre S.A.S.
 

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LyondellBasell (NYSE: LYB) is one of the world’s largest plastics, chemical and refining companies.  The company manufactures products at 58 sites in 18 countries.  LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.  More information about LyondellBasell can be found at www.lyondellbasell.com.

SOURCE: LyondellBasell Industries

Media Contact: David A. Harpole +1 713-309-4125
Investor Contact: Douglas J. Pike +1 713-309-7141