ADI Chemical Market Resources Newsletter
February 22, 2010
AMERICAS LyondellBasell Updates LyondellBasell could emerge from Chapter 11 LyondellBasell Industries (LBI) has reached an agreement that could help it emerge from Chapter 11. LBI’s unsecured creditors swapped sides after being offered an extra USD150 million worth of shares. Unsecured creditors, including bondholders, are estimated to hold around USD 3 billion of debt and had…