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Lyondell Chemical Company

 

LYO

Lyondell Chemical Company is a worldwide manufacturer of chemicals and plastics, a refiner of heavy, high sulfur crude oil and a producer of fuel products. Lyondell’s operations mainly comprise four businessunits: the ethylene, co-products and derivatives unit, the propylene oxide and related products unit, the refining unit and the inorganic chemicals unit. Lyondell’s ethylene, co-products and derivatives businesses are conducted through its wholly owned subsidiaries Equistar Chemicals, LP and Millennium Chemicals Inc.. Lyondell’s refining business is conducted through Houston Refining LP. In August 2006, Lyondell acquired CITGO Petroleum Corporation’s 41.25% interest in LYONDELL-CITGO Refining LP, the company’s joint venture with CITGO. Pursuant to the acquisition, LCR became a wholly owned subsidiary of Lyondell.

 

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