25 August 2010 08:58 [Source: ICIS news]
LONDON (ICIS)--LyondellBasell will end its business operations in ?xml:namespace>
The plastics manufacturer had taken the decision earlier this month, David Harpole told the
He told the paper that LyondellBasell’s decision meant the company would stop all licensing of its proprietary technology and services to Iranian petrochemical companies.
Harpole added that the move would be “immaterial” to LyondellBasell’s overall operations.
The company would also be ending its business in
LyondellBasell exited bankruptcy protection in April, and may be keen to avoid any legal issues.
A company spokesperson based in Germany declined to comment further.
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