Special Meeting of Lyondell Shareholders to Proceed as Planned
14 Noviembre 2007 - 8:00AM
PR Newswire (US)
HOUSTON, Nov. 14 /PRNewswire-FirstCall/ -- On Nov. 13, 2007, in the
case entitled Plumbers and Pipefitters Local 51 Pension Fund, On
Behalf of Itself and Others Similarly Situated v Lyondell Chemical
Company, et al, the 80th District Court of Harris County, Texas,
denied the plaintiff's request for a preliminary injunction to
delay the vote of Lyondell's shareholders with respect to the
Agreement and Plan of Merger among Basell AF, BIL Acquisition
Holdings Limited and Lyondell. Lyondell's Special Shareholder
Meeting will take place at 9 a.m. CST on Nov. 20, 2007, as
previously announced. About Lyondell Lyondell Chemical Company,
headquartered in Houston, Texas, is North America's third-largest
independent, publicly traded chemical company. Lyondell is a
leading global manufacturer of chemicals and plastics, a refiner of
heavy, high-sulfur crude oil and a significant producer of fuel
products. Key products include ethylene, polyethylene, styrene,
propylene, propylene oxide, gasoline, ultra low-sulfur diesel, MTBE
and ETBE. Additional Information and Where to Find It In connection
with the solicitation of proxies by Lyondell Chemical Company (the
"Company") with respect to the meeting of its stockholders
regarding the proposed merger, the Company has filed a definitive
proxy statement with the Securities and Exchange Commission (the
"SEC"). A definitive proxy statement and a form of proxy have been
mailed to the stockholders of Lyondell. STOCKHOLDERS OF THE COMPANY
ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT BECAUSE IT
CONTAINS IMPORTANT INFORMATION. Stockholders may obtain a
free-of-charge copy of the proxy statement and other relevant
documents filed with the SEC from the SEC's web site at
http://www.sec.gov/. Stockholders may also obtain a free-of-charge
copy of the proxy statement and other relevant documents by
directing a request by mail to Lyondell Chemical Company, Investor
Relations, 1221 McKinney Street, Suite 700, Houston, Texas 77010,
telephone (713) 309-4590, or from the Company's website at
http://www.lyondell.com/. The Company and certain of its directors
and executive officers may, under the rules of the SEC, be deemed
to be "participants" in the solicitation of proxies from its
stockholders in connection with the proposed merger. Information
concerning the interests of the persons who may be "participants"
in the solicitation is set forth in the Company's definitive proxy
statement and annual reports on Form 10-K (including any amendments
thereto), previously filed with the SEC. DATASOURCE: Lyondell
Chemical Company CONTACT: Media, Susan P. Moore, +1-713-652-4645,
or Investors, Douglas J. Pike, +1-713-309-7141, both of Lyondell
Chemical Company Web site: http://www.lyondell.com/
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