AEQUITA to acquire selected olefins & polyolefins assets from LyondellBasell.

AEQUITA, an industrial group, agreed to acquire selected olefins & polyolefins assets from LyondellBasell, a chemical company. Financial terms were not disclosed. “The acquisition of these assets from LYB marks another important step in expanding our industrial footprint. Each site brings a strong operational foundation and a highly experienced, committed employee base. We are confident in our ability to accelerate their development under AEQUITA’s ownership approach. We look forward to welcoming the teams into our Group and to working collaboratively with all stakeholders to ensure a smooth transition and establish a strong platform for long-term success,” Christoph Himmel, AEQUITA Managing Partner.