Lyondeli Completes Acquisition of Millennium Chemicals

摘要

HOUSTON - Lyondeli Chemical Company completed its acquisition of Millennium Chemicals Inc.effective November 30,2004.The transaction creates North America's third-largest independent,publicly traded chemical company with consolidated pro forma 2003 revenues of us11.4 billion and current market capitalization of more than us6.5 billion.Based on chemical sales,Lyondeli is now the world's seventh-largest independent chemical company.