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2021-06-30, 11:32

LyondellBasell announces acquisition of PolyPacific Polymers Sdn. Bhd. in Malaysia

LyondellBasell today announced it has acquired 100 percent of PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang, Malaysia. PPM is a 25kt manufacturing facility producing reinforced and modified polyolefin compounds.

Upon completion of the acquisition, the facility will undergo a rebranding and name change, and its employees will become LyondellBasell employees. PPM will continue to produce and supply the ongoing business products to its customers.

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In conjunction with the acquisition, LyondellBasell will exit the PolyPacific, a 50:50 joint venture, which will become 100 percent owned by Mirlex Pty Ltd.

More information: www.lyondellbasell.com

LyondellBasell, Houston + Hong Kong

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