NewsFlashLyondellBasell files for bankruptcy protection

06 January 2009 21:09 [Source: ICIS news]

HOUSTON (ICIS news)--Chemical major LyondellBasell filed for bankruptcy protection on Tuesday, according to court documents.

The filing covers only the company's assets in the US. Under bankruptcy protection, a company reorganises its finances while being protected from creditor lawsuits.

Author: Al Greenwood
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NewsFlashLyondellBasell files for bankruptcy protection

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