Wed03042015

Last updateWed, 04 Mar 2015 1pm

Back You are here: Home Magazine Industry Headlines End-User News The Petrochemical Companies Face the Heat: Lessons From The LyondellBasell Bankruptcy

Magazine

The Petrochemical Companies Face the Heat: Lessons From The LyondellBasell Bankruptcy

It is reported by Robin Sayles in an article in the March 2009 Issue of Project Finance that there are major implications in the petrochemical industry from the filing of bankruptcy by LyondellBasell Industries, the world’s third-largest independent chemical company amid plunging sales and a cash crunch. This was following an acquisition only last July costing a whopping 18 billion dollars which led to a huge debt burden which apparently is unserviceable now.

Source: Gerson Lehrman Group

View Full Article

 

 

New Products

 

Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

buy steroids sale muscle milk before bed deca cycles steroids for muscle building stewie on steroids