LyondellBasell to acquire A. Schulman, Inc.
28 février 18 | e.bonus | #278 :: rss
LyondellBasell, plastics, chemicals and refining company and A. Schulman, Inc., a global supplier of high-performance plastic compounds, composites and powders, have entered into a definitive agreement under which LyondellBasell will acquire A. Schulman for a total consideration of $2.25 billion.
"The acquisition of A. Schulman is a natural extension of our current platform. This combination will allow us to provide our customers with a wider range of innovative solutions while adding the ability to serve high-growth end markets such as packaging and consumer products, of LyondellBasell » said the company
This operation doubles the size of LyondellBasell's existing compounding business and establishes a platform for future growth with reach into additional high-growth markets
Complementary strengths and capabilities will provide customers with a full range of innovative products and end-to-end solutions.
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