Add-on Acquisition • Chemicals

LyondellBasell Acquires PolyPacific Polymers

On June 30, 2021, LyondellBasell acquired chemicals company PolyPacific Polymers

Acquisition Context
  • This is LyondellBasell’s 7th transaction in the Chemicals sector.
  • This is LyondellBasell’s 1st transaction in Malaysia.

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M&A Deal Summary

Date June 30, 2021
Target PolyPacific Polymers
Sector Chemicals
Buyer(s) LyondellBasell
Deal Type Add-on Acquisition

Target Company

PolyPacific Polymers

Selangor, Malaysia
PolyPacific Polymers is a producer of reinforced and modified polyolefin compounds. PolyPacific Polymers is based in Selangor, Malaysia.
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Buyer Overview 1

Buyer

LyondellBasell

Houston, Texas, United States

Category Company
Founded 2007
Sector Chemicals
Employees20,000
Revenue 40.3B USD (2024)
DESCRIPTION
LyondellBasell office in downtown Houston, Texas.
LyondellBasell office in downtown Houston, Texas.

LyondellBasell is a plastics, chemicals and refining company that produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell was founded in 2007 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 7 of 12
Sector: Chemicals 7 of 9
Type: Add-on Acquisition 6 of 9
Country: Malaysia 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 Société du Noir d Acétylène de l Aubette SAS

Berre l'Etang, France

Société du Noir d'Acétylène de l'Aubette SAS manufactures and markets chemical products for industrial applications. It offers acetylene black that assists in electrical and thermal conduction purposes.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-30 Colortech

Manaus, Brazil

Colortech is a manufacturer of color concentrates, additive masterbatches, and mineral-filled compounds. The company aims to meet customer requirements with flexibility in the supply of products and services, using advanced technology at costs and deadlines compatible with their needs. It produces with quality and technology: Pigment Masterbatches, Flame Retardant Compounds, and provision of dyeing services in thermoplastic resins. Colortech is based in Manaus, Brazil.

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