BASF,Shell bid adieu to Basell;BASF sheds PS in North America

摘要

The winning bid for polyolefins supplier Basell,the 50-50 joint venture of BASF(Ludwigshafen,Germany)and Shell Chemicals(London),was an estimated euro4.4 billion from New York-based Access Industries,controlled by Russian-born billionaire Leonard Blavatnik,and The Chatterjee Group of India,which controls Haldia Petrochemicals(Haldia,India).Reported U.S.State Dept.pressure prevented the takeover of Basell(Hoofddorp,Netherlands)by Iran's state petrochemical giant NPC(Tehran).