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Louisiana Integrated Polyethylene JV LLC
PetroChemical
Town / Location
State / Province
Lousiana
Street
2201 Old Spanish Trail
Postal Code
70669
Website
https://www.sasol.com/media-centre/media-releases/lyondellbasell-and-sasol-form-integrated-polyethylene-joint-venture
Description

LyondellBasell and Sasol have formed a 50/50 joint venture (JV) through which LyondellBasell acquired 50 percent of Sasol’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants and associated infrastructure for a total consideration of US$2 Billion. The agreement includes customary rights for each partner regarding the potential future sale of its ownership interest. The JV operates under the name Louisiana Integrated PolyEthylene JV LLC.

Entity Settings

Category
Operations Entity
Status
A
V
P
Sh
UoM
Tons
Currency
USD
System Info

Modified by
UserPic  Kokel, Nicolas
Modified
6/9/2024 1:02 PM
Added by
UserPic  Braun, Uwe
Added
9/3/2023 11:36 AM
Solutions
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