Rotterdam, Netherlands, June 26, 2009 – Effective July 1, LyondellBasell Industries will increase prices by €125 per tonne on its polypropylene grades sold in Europe.
“Escalating feedstock and energy costs have necessitated this increase,” said Yves Bonte, Senior Vice President of LyondellBasell’s Polypropylene Business.
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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 biofuels. 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 (www.lyondellbasell.com) is privately owned by Access Industries.
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