LyondellBasell Sells Argentina-based Petroken to Grupo Inversor Petroquímica S.L.

February 05, 2016

HOUSTON and LONDON, Feb. 5, 2016 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced the completion of the sale of its wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroken) to Grupo Inversor Petroquímica S.L. (GIP) for $184 million. Petroken operates a 180 kiloton plant in Ensenada and is a leading polypropylene producer in Argentina.

 

Amazing Chemistry (PRNewsFoto/LyondellBasell Industries)

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SOURCE LyondellBasell