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LyondellBasell Completes Acquisition of 35% Stake in Saudi Arabia's National Petrochemical Industrial Co.
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LyondellBasell Completes Acquisition of 35% Stake in Saudi Arabia's National Petrochemical Industrial Co.
May 30, 2024 6:55 AM

09:36 AM EDT, 05/30/2024 (MT Newswires) -- LyondellBasell Industries ( LYB ) said Thursday it has completed the acquisition of a 35% stake in Saudi Arabia-based National Petrochemical Industrial Co. from Alujain Corp.

Lyondell said the deal was worth around $500 million when it was announced in January.

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